Fastjet PLC Replacement - Holding(s) in Company (9771G)

TIDMFJET

RNS Number : 9771G

Fastjet PLC

11 August 2016

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                    Fastjet PLC 
  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                          X 
  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                            X 
------------------------------------------------------------  ------------------------------ 
 Other (please 
  specify): 
----------------------------------------------------------    ------------------------------ 
 3. Full name of person(s)                                      GAM International Management 
  subject to the                                                                     Limited 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------- 
 4. Full name of shareholder(s)                                State Street Nominees Limited 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------- 
 5. Date of the transaction                                                   09 August 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------- 
 6. Date on which issuer                                                      11 August 2016 
  notified: 
-----------------------------------------------------------  ------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                            5%, 10%, 11% 
-----------------------------------------------------------  ------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                            Resulting situation after the 
  of             to the triggering                             triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  --------------------------------------------  ---------------------------------------------------------------- 
                Number                      Number            Number        Number of                % of voting 
                 of                          of               of shares      voting                   rights (x) 
                 Shares                      Voting                          rights 
                                             Rights 
-------------  --------------------------  ----------------  ------------  -----------------------  ------------------------- 
                                                              Direct        Direct        Indirect   Direct        Indirect 
                                                                             (xi)          (xii) 
-------------      ---------  -----------      ------------  ------------  ------------  ---------  ------------  ----------- 
 GB00BWGCH354   2,914,200                   2,914,200         7,514,200     7,514,200                7.767% 
               --------------------------  ----------------  ------------  ------------  ---------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration                Exercise/                       Number of voting           % of voting 
 financial           date                      Conversion                      rights that                rights 
 instrument          (xiii)                    Period (xiv)                    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          Exercise     Expiration       Exercise/                   Number of voting           % of voting 
 financial        price         date             Conversion                  rights instrument          rights (xix, 
 instrument                     (xvii)           period                      refers to                  xx) 
                                                 (xviii) 
---------------  -----------  ---------------  --------------------------  -------------------------  ----------------------- 
 Warrant          31.5p        21/07/2021       NA                          4,600,000                  Nominal       Delta 
---------------  -----------  ---------------  --------------------------  -------------------------  ------------  --------- 
                                                                                                       4.539%        NA 
-------------      ---------  -----------      ------------    ----------    ----------  ---------    ------------  --------- 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  -------------------------------------------------------------- 
 12,114,200                                                     11.953% 
-------------------------------------------------------------  -------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------------------------------- 
 
        GAM International Management Ltd (GIML) is a discretionary 
        investment manager acting in its capacity as investment 
        adviser for GAM Global Diversified Investments and GAM 
        UK Diversified Investments. 
 
        The share position in Fastjet PLC has increased from 
        2,914,200 (4.387%) shares to 7,514,200 (7.767%). The 
        breakdown across the funds is as follows: 
         *    GAM Global Diversified Investments (5,254,713 shares; 
              5.431%) 
 
 
         *    GAM UK Diversified Investments (2,259,487 shares; 
              2.335%) 
 
 
 
        GIML has an additional exposure of 4,600,000 (4.539%) 
        warrants which have an equivalent number of voting rights 
        of 4,600,000 (4.539%) should they be exercised. In the 
        event of exercising the warrants, the total number of 
        voting rights will increase with the number of warrants 
        exercised. The breakdown in warrants across the funds 
        is therefore as follows: 
 
         *    GAM Global Diversified Investments (3,090,509 
              warrants; 3.049%) 
 
 
         *    GAM UK Diversified Investments (1,509,491 warrants; 
              1.489%) 
 
 
 
        The total exposure in the event of exercising these 
        warrants is therefore 12,114,200 voting rights (11.953%). 
 
 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:                                                     Barbara Langford, Compliance 
                                                                                            Officer 
--------------------------------------------------------------------  ----------------------------- 
 15. Contact telephone number:                                                        020 7917 2442 
--------------------------------------------------------------------  ----------------------------- 
 
 
 
 Note: Annex should only be submitted to the FCA not 
  the issuer 
 Annex: Notification of major interests in share 
 
 A: Identity of the persons or legal entity subject to 
  the notification obligation 
-------------------------------------------------------------------- 
 Full name                              GAM International Management 
  (including legal form of                                   Limited 
  legal entities) 
-------------------------------------  ----------------------------- 
 Contact address                                      20 King Street 
  (registered office for legal                                London 
  entities)                                                 SW1Y 6QY 
-------------------------------------  ----------------------------- 
 Phone number & email                                  020 7493 9990 
-------------------------------------  ----------------------------- 
 Other useful information                                 FRN 122331 
  (at least legal representative 
  for legal persons) 
-------------------------------------  ----------------------------- 
 
 B: Identity of the notifier, if applicable 
-------------------------------------------------------------------- 
 Full name                              Barbara Langford, Compliance 
                                                             Officer 
-------------------------------------  ----------------------------- 
 Contact address                                      20 King Street 
                                                              London 
                                                            SW1Y 6QY 
-------------------------------------  ----------------------------- 
 Phone number & email                                  020 7917 2442 
                                            [e-mail] 
-------------------------------------  ----------------------------- 
 Other useful information 
  (e.g. functional relationship 
  with the person or legal 
  entity subject to the notification 
  obligation) 
-------------------------------------  ----------------------------- 
 
 C: Additional information 
-------------------------------------------------------------------- 
 
 For notes on how to complete form TR-1 please see the 
  FCA website. 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 11, 2016 10:53 ET (14:53 GMT)