24/01/2018
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | Dignity plc |
| 2 Reason for the notification (please tick the appropriate box or boxes): | |
| An acquisition or disposal of voting rights | X |
| 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 | Phoenix Asset Management Partners Limited |
| 4. Full name of shareholder(s) (if different from 3.):iv |
| 5. Date of the transaction and date on which the threshold is crossed or reached: v | 22nd January 2018 |
| 6. Date on which issuer notified: | 24th January 2018 |
| 7. Threshold(s) that is/are crossed or reached: vi, vii | 5% |
| 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 | |||
| GB00BRB37M78 | N/A | N/A | 2,540,000 | 2,540,000 | 2,540,000 | 5.09% | |
| 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 |
| N/A | N/A | N/A | N/A | N/A |
| 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 | |
| N/A | N/A | N/A | N/A | N/A | Nominal | Delta |
| N/A | N/A | |||||
| Total (A+B+C) | |
| Number of voting rights | Percentage of voting rights |
| 2,540,000 | 5.09% |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi |
| Phoenix Asset Management Partners Limited serves as investment manager and/or investment adviser to various sub-accounts. The voting rights/shares in the issuer are held across 11 sub-accounts: The Phoenix UK Fund (685,710) and 10 segregated accounts (CN3Q (172,220), BGU02 (199,980), 74205 (305,470), ACE (63,200), INYK (775,700), ARR (275,910), M1 (2,610), M2 (52,680), M3 (1,300) and M4 (5,220). |
| Proxy Voting: | |
| 10. Name of the proxy holder: | N/A |
| 11. Number of voting rights proxy holder will cease to hold: | N/A |
| 12. Date on which proxy holder will cease to hold voting rights: | N/A |
| 13. Additional information: | |
| 14. Contact name: | Carl Lunderstedt, Phoenix Asset Management Partners Limited |
| 15. Contact telephone number: | 0208 600 0100 |