REG - Paddy Power plc - Holding(s) in Company <Origin Href="QuoteRef">PLSA.I</Origin>

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05/01/2016 13:56

RNS Number : 6191H
Paddy Power plc
01 December 2015
 
For filings with the FCA include the annex
For filings with issuer exclude the annex
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
Paddy Power Plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights

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): Baseline Disclosure (Transparency Directive 2) 

3. Full name of person(s) subject to the
notification obligation:iii
Parvus Asset Management Europe Limited
4. Full name of shareholder(s)
(if different from 3.):iv
The Parvus Armadillo Fund
The Caeruleus Fund
Crescent III LP
The Orange Partners Fund
The Packpar Fund
The PAM 1740 Fund
The Parvatrium Partners Fund
Parvus European Opportunities Master Fund
Parvus European Absolute Opportunities Master Fund 
Vittoria Fund-P, L.P
5. Date of the transaction and date on
which the threshold is crossed or
reached:v
26/11/2015
6. Date on which issuer notified:
01/12/2015
7. Threshold(s) that is/are crossed or
reached: vi, vii
Going above 5%


8. Notified details:
A: Voting rights attached to sharesviii, 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

2,868,280
2,868,280
2,868,280
2,868,280
-
6.51
-
Equity
IE00BWT6H894

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
Equity Swap
N/A
N/A
N/A
36,082
Nominal
Delta
0.08
-

Total (A+B+C)
Number of voting rights
Percentage of voting rights
2,904,362
6.59


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
Parvus Asset Management Europe Limited has been appointed as Investment Manager to The Parvus Armadillo Fund, The Caeruleus Fund, Crescent III LP, The Orange Partners Fund, The Packpar Fund, The PAM 1740 Fund, The Parvatrium Partners Fund, Parvus European Opportunities Master Fund, Parvus European Absolute Opportunities Master Fund and The Vittoria Fund - P, L.P. Under the terms of the various investment management agreements, Parvus Asset Management Europe Limited holds the power to vote on any physical shareholdings held by these clients.

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:
TCI Fund Services LLP provides compliance services to Parvus Asset Management Europe Limited and is completing this disclosure on behalf of Parvus Asset Management Europe Limited. Please contact Angus Milne for any further information.
14. Contact name:
Angus Milne
15. Contact telephone number:
0207 440 2330

This information is provided by RNS
The company news service from the London Stock Exchange
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