TIDMDFS

RNS Number : 1187C

DFS Furniture PLC

08 June 2023

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BTC0LB89

Issuer Name

DFS FURNITURE PLC

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Stadium Capital Management LLC

City of registered office (if applicable)

New Canaan

Country of registered office (if applicable)

United States

 
  Name                                                       City of registered office    Country of registered office 
   STADIUM CAPITAL MANAGEMENT GP, LP, a Delaware limited 
   partnership (USA) 
                                                           ===========================  ============================== 
   STADIUM CAPITAL MANAGEMENT, LLC, a Delaware limited 
   liability company (USA) 
                                                           ===========================  ============================== 
   SK FAMILY INVESTMENTS, LLC, a Delaware limited 
   liability company (USA) 
                                                           ===========================  ============================== 
 

4. Details of the shareholder

 
  Name            City of registered office    Country of registered office 
   BNP Paribas 
                ===========================  ============================== 
 

5. Date on which the threshold was crossed or reached

05-Jun-2023

6. Date on which Issuer notified

06-Jun-2023

7. Total positions of person(s) subject to the notification obligation

 
                          % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                4.988000                0.000000                4.988000                12004028 
                        ======================  ======================  ======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable) 
                        ======================  ======================  ======================  ====================== 
 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 
Class/Type of shares    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
ISIN code(if possible)  voting rights (DTR5.1)  voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
                                                (DTR5.2.1) 
GB00BTC0LB89               12004028                0                       4.988000                0.000000 
                        ======================  ======================  ======================  ====================== 
Sub Total 8.A              12004028                                        4.988000% 
                        ==============================================  ============================================== 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
Type of financial           Expiration date  Exercise/conversion period  Number of voting rights    % of voting rights 
instrument                                                               that may be acquired if 
                                                                         the instrument is 
                                                                         exercised/converted 
 
Sub Total 8.B1 
                            ===========================================  =========================  ================== 
 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
Type of financial   Expiration date  Exercise/conversion  Physical or cash     Number of voting     % of voting rights 
instrument                           period               settlement           rights 
 
Sub Total 8.B2 
                    =========================================================  ===================  ================== 
 

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

 
Ultimate controlling    Name of controlled      % of voting rights if   % of voting rights      Total of both if it 
person                  undertaking             it equals or is higher  through financial       equals or is higher 
                                                than the notifiable     instruments if it       than the notifiable 
                                                threshold               equals or is higher     threshold 
                                                                        than the notifiable 
                                                                        threshold 
   SK FAMILY 
   INVESTMENTS, LLC 
                        ======================  ======================  ======================  ====================== 
   STADIUM CAPITAL 
   MANAGEMENT, LLC 
                        ======================  ======================  ======================  ====================== 
   STADIUM CAPITAL 
   MANAGEMENT GP 
                        ======================  ======================  ======================  ====================== 
 

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

Stadium Capital Management, LLC is the general partner of Stadium Capital Management GP, L.P.(the "GP"), which is the general partner of Stadium Capital Partners, LP and Stadium Capital Qualified Partners, LP. The GP has delegated investment advisory responsibilities with respect to Stadium Capital Partners, LP and Stadium Capital Qualified Partners, LP to Stadium Capital Management LLC.

Stadium Capital Management, LLC is a controlled undertaking of SK Family Investments LLC as a result of its right to appoint a majority of the managers of Stadium Capital Management, LLC. The members of SK Family Investments LLC are Alexander M. Seaver and Bradley R. Kent, who are also the only managers of Stadium Capital Management, LLC on the date of this notification. Neither Alexander M. Seaver nor Bradley R. Kent constitutes an indirect holder of Stadium Capital Management, LLC or SK Family Investments LLC for the purposes of the disclosure obligation under DTR 5.

12. Date of Completion

07-Jun-2023

13. Place Of Completion

New Canaan, Connecticut, USA

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END

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June 08, 2023 05:25 ET (09:25 GMT)

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