Paysafe Group PLC Holding(s) in Company (6693W)

TIDMPAYS

RNS Number : 6693W

Paysafe Group PLC

13 February 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or                                 Paysafe Group PLC 
  the underlying issuer                                        GB0034264548 
  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 
--------------------------------------------------------------  -------------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition                                X 
  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)                                  Norges Bank 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ------------------------------------- 
 4. Full name of shareholder(s)                             N/A 
  (if different from 3.):(iv) 
---------------------------------------------------------  ------------------------------------- 
 5. Date of the transaction                                 07 February 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ------------------------------------- 
 6. Date on which issuer                                    10 February 2017 
  notified: 
---------------------------------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are                                Above 3% based on voting rights 
  crossed or                                                 attached to shares 
  reached: (vi, vii) 
---------------------------------------------------------  ------------------------------------- 
 
 
 
 8. Notified details: 
--------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
--------------------------------------------------------------------------------------------------------------------------- 
 Class/type           Situation previous                Resulting situation after the 
  of                   to the triggering                 triggering transaction 
  shares               transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------------  --------------------------------  -------------------------------------------------------------------- 
                      Number           Number           Number         Number of                   % of voting 
                       of               of               of shares      voting                      rights (x) 
                       Shares           Voting                          rights 
                                        Rights 
-------------------  ---------------  ---------------  -------------  --------------------------  ------------------------- 
                                                        Direct         Direct         Indirect     Direct        Indirect 
                                                                        (xi)           (xii) 
-------------------      -----------    -----------    -------------  -------------  -----------  ------------  ----------- 
 GB0034264548         14,429,926       14,429,926       14,816,695     14,816,695                  3.06% 
                     ---------------  ---------------  -------------  -------------  -----------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of financial        Expiration     Exercise/                       Number of voting              % of voting 
  instrument               date           Conversion                      rights that                   rights 
                           (xiii)         Period (xiv)                    may be 
                                                                          acquired if 
                                                                          the 
                                                                          instrument 
                                                                          is 
                                                                          exercised/ 
                                                                          converted. 
-----------------------  -------------  ------------------------------  ----------------------------  --------------------- 
 
   Shares on loan 
   (right to recall)        N/A            At any time                     85,469                        0.02% 
-----------------------  -------------  ------------------------------  ----------------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of financial      Exercise       Expiration     Exercise/        Number of voting              % of voting 
  instrument             price         date           Conversion        rights instrument             rights (xix, 
                                       (xvii)         period            refers to                     xx) 
                                                      (xviii) 
---------------------  -------------  -------------  ---------------  ----------------------------  ----------------------- 
 N/A                    N/A            N/A            N/A              N/A                           Nominal       Delta 
---------------------  -------------  -------------  ---------------  ----------------------------  ------------  --------- 
                                                                                                     N/A           N/A 
-------------------      -----------    -----------      -----------    -----------  -----------    ------------  --------- 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                  Percentage of voting rights 
-------------------------------------------------------  ------------------------------------------------------------------ 
 14,902,164                                               3.08% 
-------------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------- 
 
   N/A 
 
 Proxy Voting: 
---------------------------------------------------------------------- 
 10. Name of the proxy holder:                   Norges Bank 
----------------------------------------------  ---------------------- 
 11. Number of voting rights proxy               N/A 
  holder will cease to hold: 
----------------------------------------------  ---------------------- 
 12. Date on which proxy holder will             N/A 
  cease to hold voting rights: 
----------------------------------------------  ---------------------- 
 
 
  13. Additional information:                     None 
----------------------------------------------  ---------------------- 
 14. Contact name:                               Sai Aanandha Shankhar 
----------------------------------------------  ---------------------- 
 15. Contact telephone number:                   [phone] 
----------------------------------------------  ---------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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February 13, 2017 02:40 ET (07:40 GMT)