Flybe Group PLC Holding(s) in Company (5682I)

TIDMFLYB

RNS Number : 5682I

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                                  X 
  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): 
----------------------------------------------------------  ---------------------- 
 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                      7(th) December 2015 
  which the threshold is crossed or 
  reached: (v) 
----------------------------------------------------------  ---------------------- 
 6. Date on which issuer notified:                           9(th) December 2015 
----------------------------------------------------------  ---------------------- 
 7. Threshold(s) that is/are crossed or 
  reached: (vi, vii)                                         5% 
----------------------------------------------------------  ---------------------- 
 
 
 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 
                   of               of               of shares       rights                         rights (x) 
                   Shares           Voting 
                                    Rights 
---------------  ---------------  ---------------  --------------  -----------------------------  -------------------- 
                                                    Direct          Direct (xi)   Indirect (xii)   Direct     Indirect 
---------------  ---------------  ---------------  --------------  ------------  ---------------  ---------  --------- 
 
 
   GB00B4QMVR10   10,102,381       10,102,381       N/A             N/A           N/A              Under 5%   0% 
                 ---------------  ---------------  --------------  ------------  ---------------  ---------  --------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Expiration       Exercise/                        Number of voting               % of voting 
  financial        date (xiii)      Conversion                       rights that                    rights 
  instrument                        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 price   Expiration       Exercise/       Number of voting               % of voting 
  financial                        date (xvii)      Conversion       rights instrument              rights (xix, 
  instrument                                        period           refers to                      xx) 
                                                    (xviii) 
---------------  ---------------  ---------------  --------------  -----------------------------  -------------------- 
 Contract for     N/A              N/A              N/A                                            Nominal    Delta 
  Difference 
---------------  ---------------  ---------------  --------------  ------------                   ---------  --------- 
                                                                    N/A                            N/A        N/A 
---------------  ---------------  ---------------  --------------  -----------------------------  ---------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
                       N/A                                                       Under 5% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 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 11:29 ET (16:29 GMT)