Paddy Power Betfair plc Holding(s) in Company (5700N)

TIDMPPB

RNS Number : 5700N

Paddy Power Betfair plc

09 August 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: Vontobel Asset Management,              City and country of registered office (if 
  Inc.                                          applicable): 
                                                NYC,U.S. 
--------------------------------------------  ------------------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.)(v) : 
----------------------------------------------------------------------------------------------------- 
 5. Date on which the threshold was crossed or reached(vi) 
  August 07, 2017 
----------------------------------------------------------------------------------------------------- 
 6. Date on which issuer notified: August 09, 2017 
----------------------------------------------------------------------------------------------------- 
 7. Threshold(s) that is/are crossed or reached: 3% 
----------------------------------------------------------------------------------------------------- 
 8. Total positions of person(s) subject to the notification obligation: 
----------------------------------------------------------------------------------------------------- 
                           % of voting         % of voting rights   Total of both   Total number 
                            rights attached     through financial    in % (9.A +     of voting rights 
                            to shares (total    instruments          9.B)            of issuer(vii) 
                            of 9.A)             (total of 9.B.1 
                                                + 9.B.2) 
------------------------  ------------------  -------------------  --------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached               3.04%                                    3.04%           2,568,504 
------------------------  ------------------  -------------------  --------------  ------------------ 
 Position of 
  previous notification 
  (if applicable) 
------------------------  ------------------  -------------------  --------------  ------------------ 
 
 
 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 
-----------------  -----------------  -----------------  -----------------  ---------------------------------- 
 IEOOBWT6H894       2,568,504                             3.04% 
-----------------  -----------------  -----------------  -----------------  ---------------------------------- 
 
 
 SUBTOTAL A         2,568,504                             3.04% 
-----------------  -----------------  -----------------  -----------------  ---------------------------------- 
 
 B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations 
-------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration         Exercise/          Number of voting                    % of voting 
  financial          date(x)           Conversion          rights that may                     rights 
  instrument                           Period(xi)          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 or        Number of        % of voting 
  financial          date(x)           Conversion         cash               voting rights     rights 
  instrument                           Period (xi)        settlement(xii) 
-----------------  -----------------  -----------------  -----------------  ---------------  ----------------- 
 
 
 
                                                          SUBTOTAL B.2 
                                                         -----------------  ---------------  ----------------- 
 
 
 
 10. Information in relation to the person subject to the notification 
  obligation (please tick the applicable box): 
 
  [x ] 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) 
 
  [ ] 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 rights      % of voting rights     Total of both if 
                                if it equals or         through financial      it equals or is 
                                is higher than the      instruments if it      higher than the 
                                notifiable threshold    equals or is higher    notifiable threshold 
                                                        than the notifiable 
                                                        threshold 
----------------------------  ----------------------  ---------------------  ---------------------- 
 Vontobel Asset Management, 
  Inc.                         3.04%                                          3.04% 
----------------------------  ----------------------  ---------------------  ---------------------- 
 
 
 
 
 
 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) : 
 
 
 
  NY, USA , August 08,2017 
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August 09, 2017 10:42 ET (14:42 GMT)