We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Paddy Power Betfair Plc | LSE:PPB | London | Ordinary Share | IE00BWT6H894 | ORD EUR0.09 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 5,676.00 | 5,694.00 | 5,700.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPPB
RNS Number : 6115R
Paddy Power Betfair plc
22 September 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): [ ] An acquisition or disposal of voting rights [X] 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: City and country of registered Parvus Asset Management office (if applicable): Europe Limited London, United Kingdom ------------------------------------- ---------------------------------------------- 4. Full name of shareholder(s) (if different from 3.)(v) : Parvus Asset Management Europe Limited has been appointed as Investment Manager to a number of funds and managed accounts. Under the terms of the various investment management agreements, Parvus Asset Management Europe Limited holds the power to vote any physical shareholdings held by these clients. No individual client holds voting rights which equal or exceed the notifiable threshold. ------------------------------------------------------------------------------------- 5. Date on which the threshold was crossed or reached(vi) : 20 September 2017 ------------------------------------------------------------------------------------- 6. Date on which issuer notified: 22 September 2017 ------------------------------------------------------------------------------------- 7. Threshold(s) that is/are crossed or reached: Going above 7% in aggregate. Going above 7% in equity swaps. ------------------------------------------------------------------------------------- 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 0% 7.01% 7.01% 84,396,097 ------------------ ----------------- ---------------- ------------- ------------- Position of previous notification (if applicable) 0% 6.11% 6.11% ------------------ ----------------- ---------------- ------------- ------------- 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 ------------------ -------------------- --------------- ------------------- ------------------------------ 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) ------------------ ------------------- --------------- -------------------- ----------- ----------------- Equity Swap 04/12/2017 N/A Cash 357,449 0.42% ------------------ ------------------- --------------- -------------------- ----------- ----------------- Equity Swap 03/05/2018 N/A Cash 2,979,734 3.53% ------------------ ------------------- --------------- -------------------- ----------- ----------------- Equity Swap 03/07/2018 N/A Cash 161,508 0.19% ------------------ ------------------- --------------- -------------------- ----------- ----------------- Equity Swap 07/08/2018 N/A Cash 26,813 0.03% ------------------ ------------------- --------------- -------------------- ----------- ----------------- Equity Swap 11/03/2019 N/A Cash 2,151,747 2.55% ------------------ ------------------- --------------- -------------------- ----------- ----------------- Equity Swap 05/07/2019 N/A Cash 21,932 0.03% ------------------ ------------------- --------------- -------------------- ----------- ----------------- Equity Swap 12/07/2019 N/A Cash 219,328 0.26% ------------------ ------------------- --------------- -------------------- ----------- ----------------- SUBTOTAL B.2 5,918,511 7.01% -------------------- ----------- ----------------- 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) : Parvus Asset Management Europe Limited is controlled by Parvus Asset Management Limited and Oakentree Limited. Parvus Asset Management Limited is in turn controlled by Parvus Asset Management (Cayman) Limited, which is controlled by Edoardo Mercadante. Oakentree Limited is in turn controlled by Mads Gensmann. Messrs Mercadante and Gensmann are directors of Parvus Asset Management Europe Limited, which company holds the power to vote these shares. 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 --------- ---------------- ----------------------- --------------------- 11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date] N/A --------------------------------------------------------------------------- 12. Additional information(xvi) : N/A ---------------------------------------------------------------------------
Done at London on 22 September 2017.
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLLTMITMBMTBTR
(END) Dow Jones Newswires
September 22, 2017 10:03 ET (14:03 GMT)
1 Year Paddy Power Betfair Chart |
1 Month Paddy Power Betfair Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions