Paysafe Group PLC TR-1: Notification of Major Interest in Shares (3657A)

TIDMPAYS

RNS Number : 3657A

Paysafe Group PLC

23 March 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
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 1. Identity of the issuer or                            Paysafe Group plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
------------------------------------------------------  ------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
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 An acquisition or disposal of voting rights                   ü 
-------------------------------------------------------  ------------------ 
 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)                               FMR LLC 
  subject to the 
  notification obligation: 
  (iii) 
------------------------------------------------------  ------------------- 
 4. Full name of shareholder(s)                          See Section 9 
  (if different from 3.):(iv) 
------------------------------------------------------  ------------------- 
 5. Date of the transaction                              21 March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  ------------------- 
 6. Date on which issuer                                 22 March 2017 
  notified: 
------------------------------------------------------  ------------------- 
 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      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 
--------------  ----------------  ----------------  --------------  -----------------------  ------------------------- 
                                                     Indirect        Direct     Indirect      Direct        Indirect 
                                                                     (xi)        (xii) 
--------------      ------------    ------------    --------------  ---------  ------------  ------------  ----------- 
 
  GB0034264548        45,318,787        45,318,787      45,633,627               45,633,627                      9.42% 
                ----------------  ----------------  --------------  ---------  ------------  ------------  ----------- 
 
 
 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. 
------------------  --------------  --------------------------------  -------------------------  --------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of           Exercise        Expiration      Exercise/         Number of voting           % of voting 
 financial          price          date            Conversion         rights instrument          rights (xix, 
 instrument                        (xvii)          period             refers to                  xx) 
                                                   (xviii) 
----------------  --------------  --------------  ----------------  -------------------------  ----------------------- 
                                                                                                  Nominal      Delta 
----------------  --------------  --------------  ----------------  -------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ---------------------------------------------------------------- 
                                          45,633,627                                                             9.42% 
----------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------------------------------- 
   Controlled Undertaking                     Percentage Holding 
   -----------------------------------------  ------------------- 
    FIAM LLC                                                 0.12 
    Fidelity Institutional Asset Management 
     Trust Company                                           0.15 
    FIDELITY MANAGEMENT & RESEARCH (JAPAN) 
     LIMITED                                                 0.38 
    FIDELITY MANAGEMENT & RESEARCH (HONG 
     KONG) LIMITED                                           1.35 
    FMR CO., INC                                             5.00 
    FMR INVESTMENT MANAGEMENT (UK) LIMITED                   2.42 
    Grand Total                                              9.42 
   -----------------------------------------  ------------------- 
-------------------------------------------------------------------------------------------------------- 
 
 Proxy Voting: 
-------------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------------  ----------------------------------- 
 11. Number of voting rights proxy 
  holder will acquire/ cease to hold: 
-------------------------------------------------------------------  ----------------------------------- 
 12. Date on which proxy holder will 
  acquire/ cease to hold voting rights: 
-------------------------------------------------------------------  ----------------------------------- 
 
 13. Additional information:                                        Threshold crossing by a controlled 
                                                                    undertaking 
-----------------------------------------------------------------  ------------------------------------- 
 14. Contact name:                                                  Sally-Ann Hatton 
-----------------------------------------------------------------  ------------------------------------- 
 15. Contact telephone number: 
                                                                      [e-mail], 
                                                                      01737 837148 
-----------------------------------------------------------------  ------------------------------------- 
 
 

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March 23, 2017 10:30 ET (14:30 GMT)