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 attached to shares (total of 8.A) | % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights held in issuer |
| 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 ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (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 instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
|
| | | | |
| Sub Total 8.B1 | | | | |
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting 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 person | Name of controlled undertaking | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher 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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