HIG Capital, Cording and Trevian acquire a retail portfolio in Finland for €107 million

9th December 2014

RNS Number : 7923C

Hastings Group Holdings plc

20 October 2015

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESⁱ


1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ⁱⁱ		Hastings Group Holdings plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights			ü
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ	The Goldman Sachs Group, Inc.
4. Full name of shareholder(s) (if different from 3.):^iv	Hastings Investco Limited
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	15 October 2015
6. Date on which issuer notified:	19 October 2015
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	Every percentage between 55% and 46% (inclusive)

8. Notified details:

A: Voting rights attached to shares ^{viii, ix}

Class/type of
shares

if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of voting rights ^x

Direct

Direct ^xi

Indirect ^xii

Direct

Indirect

GB00BYRJH519

307,537,992

301,656,433

45.90

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date ^xiii

Exercise/
Conversion Period ^xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments ^{xv, xvi}

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date ^xvii

Exercise/
Conversion period ^xviii

Number of voting rights instrument refers to

% of voting rights ^{xix, xx}

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

301,656,433

45.90

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi
Goldman, Sachs & Co. Is Controlled By The Goldman, Sachs & Co. L.L.C. Which Is Controlled By The Goldman Sachs Group, Inc. The Goldman Sachs Group, Inc. is the sole voting, but non-managing, member of Broad Street Control Advisors L.L.C. Broad Street Control Advisors L.L.C. is managed by Goldman, Sachs & Co. The Goldman Sachs Group, Inc. is a limited partner of Goldman, Sachs & Co, holding a 99.76% interest and The Goldman, Sachs & Co. L.L.C. is the general partner of Goldman, Sachs & Co, holding a 0.24% interest. The Goldman, Sachs & Co. L.L.C. is wholly-owned by The Goldman Sachs Group, Inc. Broad Street Control Advisors, L.L.C. is the general partner of Hastings A, L.P., holding all voting interests in Hastings A, L.P. Hastings A, L.P. holds voting rights in Hastings Group Holdings plc indirectly as a voting shareholder of Hastings Holdco Limited. Hastings Holdco Limited is the sole shareholder of Hastings Investco Limited. Hastings Investco Limited holds 58.0% of the ordinary share capital of Hastings Group Holdings plc. A representative of Hastings A, L.P. is entitled to direct Hastings Holdco Limited to cause Hastings Investco Limited to exercise the voting rights attaching to the shares of Hastings Group Holdings plc held by Hastings Investco Limited attributable to: (i) Hastings A, L.P., representing 41.6% of voting rights in Hastings Group Holdings plc; and (ii) Narmali Utley, representing 3.7% of the voting rights in Hastings Group Holdings plc.

Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:	General email contact: shareholderdisclosures@gs.com
14. Contact name:	Aadithya Rao
15. Contact telephone number:	+44 207 051 9046

This information is provided by RNS

The company news service from the London Stock Exchange

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