Flybe Group PLC Holding(s) in Company (4764I)

TIDMFLYB

RNS Number : 4764I

Flybe Group PLC

09 December 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying issuer                 Flybe Group PLC 
  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) subject to the                        SFM UK Management LLP 
  notification obligation: (iii) 
--------------------------------------------------------------  ---------------------- 
 4. Full name of shareholder(s)                                  Quantum Partners LP 
  (if different from 3.):(iv) 
--------------------------------------------------------------  ---------------------- 
 5. Date of the transaction and date on                          4(th) December 2015 
  which the threshold is crossed or 
  reached: (v) 
--------------------------------------------------------------  ---------------------- 
 6. Date on which issuer notified:                               8(th) December 2015 
--------------------------------------------------------------  ---------------------- 
 7. Threshold(s) that is/are crossed or 
  reached: (vi, vii)                                             6% 
--------------------------------------------------------------  ---------------------- 
 
 
 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           Number           Number          Number of voting               % of voting rights 
                  of               of               of shares       rights                         (x) 
                  Shares           Voting 
                                   Rights 
--------------  ---------------  ---------------  --------------  -----------------------------  --------------------- 
                                                   Direct          Direct (xi)   Indirect (xii)   Direct     Indirect 
--------------  ---------------  ---------------  --------------  ------------  ---------------  ---------  ---------- 
 
 
  GB00B4QMVR10   12,218,548       12,218,548       10,102,381      10,102,381    N/A              4.66%      0% 
                ---------------  ---------------  --------------  ------------  ---------------  ---------  ---------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of         Expiration       Exercise/                        Number of voting               % of voting 
 financial        date (xiii)      Conversion Period                rights that may                rights 
 instrument                        (xiv)                            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 price   Expiration       Exercise/       Number of voting               % of voting rights 
 financial                        date (xvii)      Conversion       rights instrument              (xix, xx) 
 instrument                                        period           refers to 
                                                   (xviii) 
--------------  ---------------  ---------------  --------------  -----------------------------  --------------------- 
 Contract for    N/A              N/A              N/A                                            Nominal    Delta 
 Difference 
--------------  ---------------  ---------------  --------------  ------------                   ---------  ---------- 
                                                                   968,528                        0.44%      0.44% 
--------------  ---------------  ---------------  --------------  -----------------------------  ---------  ---------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                           Percentage of voting rights 
------------------------------------------------  -------------------------------------------------------------------- 
                   11,070,909                                                     5.10% 
------------------------------------------------  -------------------------------------------------------------------- 
 
 
 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: 
-----------------------------------------------------  -------------------- 
 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:                                    N/A 
-----------------------------------------------------  -------------------- 
 14. Contact name:                                      Jade Cornell 
                                                         Compliance Officer 
-----------------------------------------------------  -------------------- 
 15. Contact telephone number:                          020 7758 4800 
-----------------------------------------------------  -------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 09, 2015 04:11 ET (09:11 GMT)