Paddy Power Betfair plc Holding(s) in Company (1009W)

TIDMPPB

RNS Number : 1009W

Paddy Power Betfair plc

06 February 2017

Standard Form TR-1

Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant 
  issuer and to the Central Bank of Ireland)(i) 
------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying issuer of 
  existing shares to which voting rights are attached(ii) 
  : 
  Paddy Power Betfair plc 
------------------------------------------------------------------------------------- 
 2. Reason for the notification (please tick the appropriate 
  box or boxes): 
  [X] An acquisition or disposal of voting rights 
  [ ] An acquisition or disposal of financial instruments 
  [ ] An event changing the breakdown of voting rights 
  [ ] Other (please specify)(iii) : 
------------------------------------------------------------------------------------- 
 3. Details of person subject to the notification obligation(iv) 
  : 
 Name: Massachusetts                    City and country of registered 
  Financial Services                     office (if applicable): 
  Company (whose trading                 Boston, USA 
  name is MFS Investment 
  Management) 
-------------------------------------  ---------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.)(v) 
  : Refer to Schedule A 
------------------------------------------------------------------------------------- 
 5. Date on which the threshold was crossed or reached(vi) 
  : 2 February 2017 
------------------------------------------------------------------------------------- 
 6. Date on which issuer notified: 3 February 2017 
------------------------------------------------------------------------------------- 
 7. Threshold(s) that is/are crossed or reached: 9% 
------------------------------------------------------------------------------------- 
 8. Total positions of person(s) subject to the notification 
  obligation: 
------------------------------------------------------------------------------------- 
                     % of voting        % of voting       Total of       Total number 
                      rights attached    rights through    both in %      of voting 
                      to shares          financial         (9.A + 9.B)    rights of 
                      (total of          instruments                      issuer(vii) 
                      9.A)               (total of 
                                         9.B.1 + 9.B.2) 
------------------  -----------------  ----------------  -------------  ------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached         9.02                                 9.02           7,582,514 
------------------  -----------------  ----------------  -------------  ------------- 
 Position 
  of previous 
  notification 
  (if applicable)    8.47                                 8.47 
------------------  -----------------  ----------------  -------------  ------------- 
 
 
 9. Notified details of the resulting situation on the 
  date on which the threshold was crossed or reached(viii) 
  : 
-------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------------------------------------- 
 Class/type           Number of voting rights(ix)           % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
------------------- 
 
                              Direct            Indirect           Direct                   Indirect 
-------------------  ---------------------  -------------  -------------------  ------------------------------ 
 IE00BWT6H894                                7,582,514                           9.02 
------------------------------------------  -------------  -------------------  ------------------------------ 
 
 
 SUBTOTAL 
  A 
------------------------------------------  -------------  -------------------  ------------------------------ 
 
 B 1: Financial Instruments according to Regulation 17(1)(a) 
  of the Regulations 
-------------------------------------------------------------------------------------------------------------- 
 Type of financial     Expiration           Exercise/       Number of voting                  % of voting 
  instrument            date(x)              Conversion      rights that                       rights 
                                             Period(xi)      may be acquired 
                                                             if the instrument 
                                                             is exercised/converted. 
--------------------  -------------------  --------------  --------------------------------  ----------------- 
 
 
 
                        SUBTOTAL B.1 
                       ----------------------------------  --------------------------------  ----------------- 
 
 B 2: Financial Instruments with similar economic effect 
  according to Regulation 17(1)(b) of the Regulations 
-------------------------------------------------------------------------------------------------------------- 
 Type of              Expiration            Exercise/       Physical             Number       % of voting 
  financial            date(x)              Conversion      or cash              of voting     rights 
  instrument                                Period          settlement(xii)      rights 
                                            (xi) 
-------------------  --------------------  --------------  -------------------  -----------  ----------------- 
 
 
 
                                                            SUBTOTAL 
                                                             B.2 
                                                           -------------------  -----------  ----------------- 
 
 
 
 10. Information in relation to the person subject to 
  the notification obligation (please tick the applicable 
  box): 
 
  [ ] Person subject to the notification obligation is 
  not controlled by any natural person or legal entity 
  and does not control any other undertaking(s) holding 
  directly or indirectly an interest in the (underlying) 
  issuer.(xiii) 
 
  [X] Full chain of controlled undertakings through which 
  the voting rights and/or the 
  financial instruments are effectively held starting 
  with the ultimate controlling natural person or legal 
  entity(xiv) : 
-------------------------------------------------------------------------------------- 
 Name(xv)              % of voting       % of voting              Total of both 
                        rights if it      rights through           if it equals 
                        equals or is      financial instruments    or is higher 
                        higher than       if it equals             than the notifiable 
                        the notifiable    or is higher             threshold 
                        threshold         than the notifiable 
                                          threshold 
--------------------  ----------------  -----------------------  --------------------- 
 MFS Investment 
  Management Canada 
  Ltd                      0.1178%                                      0.1178% 
--------------------  ----------------  -----------------------  --------------------- 
 MFS Investment 
  Management*              5.3854%                                      5.3854% 
--------------------  ----------------  -----------------------  --------------------- 
 MFS Heritage 
  Trust Company            0.3294%                                      0.3294% 
--------------------  ----------------  -----------------------  --------------------- 
  MFS Institutional 
    Advisors, Inc.         0.9863%                                      0.9863% 
--------------------  ----------------  -----------------------  --------------------- 
  MFS International 
    (U.K.) Ltd.            1.9700%                                      1.9700% 
--------------------  ----------------  -----------------------  --------------------- 
  MFS Investment 
    Management 
    K.K.                   0.0998%                                      0.0998% 
--------------------  ----------------  -----------------------  --------------------- 
  MFS International 
    Singapore Pte. 
    Ltd                    0.1332%                                      0.1332% 
                      ----------------  -----------------------  --------------------- 
 * Please note that MFS Investment Management is the 
  parent holding company for various direct and indirect 
  subsidiaries, including MFS Investment Management Canada 
  Ltd., MFS Heritage Trust Company, MFS Institutional 
  Advisors, Inc., MFS International (U.K.) Ltd., MFS Investment 
  Management K.K., and MFS International Singapore Pte., 
  Ltd., investment managers for various pooled products 
  and institutional clients. 
-------------------------------------------------------------------------------------- 
 11. In case of proxy voting: [name of the proxy holder] 
  will cease to hold [% and number] voting rights as of 
  [date] 
-------------------------------------------------------------------------------------- 
 
 12. Additional information(xvi) : 
-------------------------------------------------------------------------------------- 
 

Done at Boston, USA on 3 February 2017.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 06, 2017 04:41 ET (09:41 GMT)