AO World plc Holding(s) in Company (8424G)

TIDMAO.

RNS Number : 8424G

AO World plc

09 March 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 1. Identity of the issuer or the underlying 
  issuer of existing shares to which voting                                                               AO World plc 
  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): 
-----------------------------------------------------------------------------------------------------  --------------- 
                                                                                     Baron Capital Group, Inc. ("BCG") 
   3. Full name of person(s) subject                                                                            BAMCO, 
   to the notification obligation: iii                                                                  Inc. ("BAMCO") 
                                                                                        Baron Capital Management, Inc. 
                                                                                                               ("BCM") 
                                                                                                          Ronald Baron 
-----------------------------------------  --------------------------------------------------------------------------- 
 
    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                                                                                             04/03/2015 
-----------------------------------------  --------------------------------------------------------------------------- 
 
 6. Date on which issuer notified:                                                                          06/03/2015 
-----------------------------------------  --------------------------------------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or reached: vi, vii                                                                                               8% 
-----------------------------------------  --------------------------------------------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares viii, ix 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type of    Situation previous             Resulting situation after the triggering 
 shares            to the triggering              transaction 
                   transaction 
 if possible 
 using 
 the ISIN CODE 
---------------  -----------------------------  ---------------------------------------------------------------------- 
                  Number of      Number of       Number of      Number of voting               % of voting rights 
                   Shares        Voting Rights    shares         rights                         x 
---------------  -------------  --------------  -------------  -----------------------------  ------------------------ 
                                                 Direct         Direct xi      Indirect        Direct    Indirect 
                                                                                xii 
---------------  -------------  --------------  -------------  -------------  --------------  --------  -------------- 
 
                                                                                Not                       Not 
 GB00BJTNFH41       36,289,932     32,588,537      37,849,298     34,049,298    Applicable       8.09%    Applicable 
---------------  -------------  --------------  -------------  -------------  --------------  --------  -------------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration   Exercise/ Conversion   Number of voting            % of voting rights 
  instrument          date xiii    Period xiv             rights that may 
                                                          be acquired if the 
                                                          instrument is exercised/ 
                                                          converted. 
------------------  -----------  ---------------------  --------------------------  ------------------- 
 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
  xv, xvi 
------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------ 
 Type of financial   Exercise   Expiration   Exercise/       Number of voting     % of voting rights 
  instrument          price      date xvii    Conversion      rights instrument    xix, 
                                              period xviii    refers to            xx 
------------------  ---------  -----------  --------------  -------------------  --------------------- 
                                                                                  Nominal      Delta 
------------------  ---------  -----------  --------------  -------------------  -----------  -------- 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 34,049,298                8.09% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------- 
 
   BCG, BAMCO and BCM are New York corporations. Ronald 
   Baron is a citizen of the United States. BAMCO and 
   BCM are subsidiaries of BCG. Ronald Baron owns a controlling 
   interest in BCG. The advisory clients of BAMCO 
   and BCM have the right to receive or the power to direct 
   the receipt of dividends from, or the proceeds from the 
   sale of, the Issuer's common stock in their accounts. 
   To the best of the Filing Persons' knowledge, no such 
   person 
   has such interest relating to more than 8% of the outstanding 
   class of securities. 
---------------------------------------------------------------- 
 
 
 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: 
-------------------------------  ----------------------------------------------------------------------------- 
 14. Contact name: 
                                                                                           Patrick M. Patalino 
-------------------------------  ----------------------------------------------------------------------------- 
 15. Contact telephone number: 
                                                                                           +001 [phone] 
-------------------------------  ----------------------------------------------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLSSFSUAFISEED