Paysafe Group PLC Holding(s) in Company (8053L)

TIDMPAYS

RNS Number : 8053L

Paysafe Group PLC

05 October 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the underlying                                               Paysafe Group plc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: 
----------------------------------------------------------------------------  ------------------------------------------ 
 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                                      X 
  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) subject                                                  The Goldman Sachs Group, Inc. 
  to the 
  notification obligation: 
--------------------------------------------------------------------------  -------------------------------------------- 
 4. Full name of shareholder(s)                                                      Goldman Sachs International 
  (if different from 3.):                                                                Goldman, Sachs & Co. 
                                                                                 Goldman Sachs Asset Management, L.P. 
--------------------------------------------------------------------------  -------------------------------------------- 
 5. Date of the transaction and date                                                      30 September 2016 
  on 
  which the threshold is crossed 
  or 
  reached: 
--------------------------------------------------------------------------  -------------------------------------------- 
 6. Date on which issuer notified:                                                         04 October 2016 
--------------------------------------------------------------------------  -------------------------------------------- 
 7. Threshold(s) that is/are crossed                                                          Above 3% 
  or 
  reached: 
--------------------------------------------------------------------------  -------------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------- 
 Class/type of     Situation previous              Resulting situation after the triggering 
  shares            to the triggering               transaction 
                    transaction 
  if possible 
  using 
  the ISIN CODE 
----------------  ------------------------------  -------------------------------------------------------- 
                   Number          Number          Number         Number of voting     % of voting rights 
                    of              of              of shares      rights 
                    Shares          Voting 
                                    Rights 
---------------   --------------  --------------  -------------  -------------------  -------------------- 
                                                   Direct         Direct    Indirect   Direct    Indirect 
---------------    ------------    ------------   -------------  --------  ---------  --------  ---------- 
 
 
   GB0034264548      Below 3%        Below 3%                                53,298                0.01% 
                  --------------  --------------  -------------  --------  ---------  --------  ---------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------- 
 Type of            Expiration      Exercise/                      Number of voting    % of voting 
 financial           date            Conversion Period             rights that may      rights 
 instrument                                                        be 
                                                                   acquired if the 
                                                                   instrument is 
                                                                   exercised/ 
                                                                   converted. 
-----------------  --------------  -----------------------------  ------------------  -------------------- 
    Stock Loan 
    (Physical)          Open                                          14,847,064              3.05% 
-----------------  --------------  -----------------------------  ------------------  -------------------- 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
---------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration      Exercise/      Number of voting      % of voting rights 
  financial       price           date            Conversion      rights instrument 
  instrument                                      period          refers to 
---------------  --------------  --------------  -------------  --------------------  -------------------- 
                                                                                       Nominal   Delta 
 --------------  --------------  -------------  ------------------------------------  --------  ---------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  ------------------------------------------ 
                          14,900,362                                               3.06% 
--------------------------------------------------------------  ------------------------------------------ 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
---------------------------------------------------------------------------------------------------------- 
 
   The Goldman Sachs Group, Inc.; 14,900,362 shares; 3.06% 
 
   Goldman Sachs (UK) L.L.C. (Controlled by The Goldman Sachs Group, Inc.) 
   Goldman Sachs Group UK Limited (Controlled by Goldman Sachs (UK) L.L.C.) 
   Goldman Sachs International (Controlled by Goldman Sachs Group UK Limited) 
 
   The Goldman, Sachs & Co. L.L.C. (Controlled by The Goldman Sachs Group, 
   Inc.) 
   Goldman, Sachs & Co. (Controlled by The Goldman, Sachs & Co. L.L.C.) 
 
   GSAM Holdings LLC (Controlled by The Goldman Sachs Group, Inc.) 
   Goldman Sachs Asset Management, L.P. (Controlled by GSAM Holdings LLC) 
 
 Proxy Voting: 
---------------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                           N/A 
-------------------------------------------------------------------------  ------------------------------- 
 11. Number of voting rights proxy holder will                                           N/A 
  cease 
  to hold: 
-------------------------------------------------------------------------  ------------------------------- 
 12. Date on which proxy holder will cease to                                            N/A 
  hold 
  voting rights: 
-------------------------------------------------------------------------  ------------------------------- 
 
                                                                 Please note, total amount of voting 
  13. Additional information:                                     rights have been rounded to 2 decimal 
                                                                  places therefore there is a possibility 
                                                                  of a rounding error. 
                                                                  General email contact: 
                                                                  [e-mail] 
--------------------------------------------------------------  ------------------------------------------ 
 14. Contact name:                                               Joanna Foley 
--------------------------------------------------------------  ------------------------------------------ 
 15. Contact telephone number: 
                                                                  [phone] 

--------------------------------------------------------------  ------------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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October 05, 2016 10:39 ET (14:39 GMT)