Flybe Group PLC Holding(s) in Company (1282W)

TIDMFLYB

RNS Number : 1282W

Flybe Group PLC

14 August 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
  (i) 
 
 
 1. Identity of the issuer      Flybe Group PLC 
  or the underlying issuer 
  of existing shares to which 
  voting rights are attached: 
  (ii) 
-----------------------------  ---------------- 
 
 
 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)           SFM UK Management LLP 
  subject to the notification 
  obligation: (iii) 
----------------------------------  ---------------------- 
 4. Full name of shareholder(s)      Quantum Partners LP 
  (if different from 3.): 
  (iv) 
----------------------------------  ---------------------- 
 5. Date of the transaction          August 11th, 2015 
  and date on which the threshold 
  is crossed or reached: (v) 
----------------------------------  ---------------------- 
 6. Date on which issuer             August 13th, 2015 
  notified: 
----------------------------------  ---------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                 9% 
----------------------------------  ---------------------- 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------ 
 Class/type        Situation                     Resulting situation after 
  of                previous                      the triggering transaction 
  shares            to the triggering 
                    transaction 
  if possible 
  using 
  the ISIN 
  CODE 
----------------  ----------------------------  ------------------------------------------------------------ 
                   Number         Number         Number         Number of                 % of 
                    of             of             of             voting                    voting rights 
                    Shares         Voting         shares         rights                    (x) 
                                   Rights 
----------------  -------------  -------------  -------------  ------------------------  ------------------- 
                                                 Direct         Direct         Indirect   Direct    Indirect 
                                                                 (xi)           (xii) 
----------------  -------------  -------------  -------------  -------------  ---------  --------  --------- 
 
 
   GB00B4QMVR10      17,749,263     17,749,263     15,849,263     15,849,263     N/A        7.31%     0% 
----------------  -------------  -------------  -------------  -------------  ---------  --------  --------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/     Number of      % of voting 
  instrument          date         Conversion    voting         rights 
                      (xiii)       Period        rights that 
                                   (xiv)         may be 
                                                 acquired 
                                                 if the 
                                                 instrument 
                                                 is 
                                                 exercised/ 
                                                 converted. 
------------------  -----------  ------------  -------------  ------------ 
 
   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            Exercise    Expiration    Exercise/      Number of     % of voting 
  financial          price       date          Conversion     voting        rights (xix, 
  instrument                     (xvii)        period         rights        xx) 
                                               (xviii)        instrument 
                                                              refers 
                                                              to 
-----------------  ----------  ------------  -------------  ------------  ----------------- 
                                                                           Nominal   Delta 
-----------------  ----------  ------------  -------------  ------------  --------  ------- 
 Contract 
  for Difference    N/A         N/A           N/A            1,807,096      0.83%     0.83% 
-----------------  ----------  ------------  -------------  ------------  --------  ------- 
 
 
 Total (A+B+C) 
----------------------------------------------- 
 Number of voting rights   Percentage of voting 
                            rights 
------------------------  --------------------- 
       17,656,359                 8.14% 
------------------------  --------------------- 
 
 
 9. Chain of controlled undertakings through which 
  the voting rights and/or the 
  financial instruments are effectively held, 
  if applicable: (xxi) 
----------------------------------------------------- 
 This statement relates to common shares and a 
  Contract for Difference ("CFD") held for the 
  account of Quantum Partners LP, a Cayman Islands 
  exempted limited partnership ("Quantum Partners"). 
  SFM UK Management LLP, a sub-advisor to Soros 
  Fund Management LLC, serves as investment manager 
  to Quantum Partners and has been granted investment 
  discretion over portfolio investments, including 
  the common shares and the CFD, held for the account 
  of Quantum Partners. 
----------------------------------------------------- 
 
 
 Proxy Voting: 
------------------------------------ 
 10. Name of the proxy holder:   N/A 
------------------------------  ---- 
 11. Number of voting rights     N/A 
  proxy holder will cease 
  to hold: 
------------------------------  ---- 
 12. Date on which proxy         N/A 
  holder will cease to hold 
  voting rights: 
------------------------------  ---- 
 
 
 13. Additional information:              N/A 
-------------------------------  -------------------- 
 14. Contact name:                Jade Cornell 
                                   Compliance Officer 
-------------------------------  -------------------- 
 15. Contact telephone number:    020 7758 4826 
-------------------------------  -------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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