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 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMPPB
RNS Number : 3631T
Paddy Power Betfair plc
19 March 2019
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: City and country of registered office (if Parvus Asset Management Europe applicable): 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. 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. Parvus European Opportunities Master Fund is the only client whose holding exceeds the notifiable threshold of 3%. 5. Date on which the threshold was crossed or reached(vi) : 11 March 2019 6. Date on which issuer notified: 13 March 2019 7. Threshold(s) that is/are crossed or reached: Going above 3% voting rights (by way of equity swaps) (for an individual fund). 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 to shares (total instruments 9.B) rights of of 9.A) (total of 9.B.1 issuer(vii) + 9.B.2) ------------------ ------------------- -------------- ------------- Resulting situation on the date on which threshold was crossed or reached 0% 9.85% 9.85% 78,069,138 ------------------ ------------------- -------------- ------------- Position of previous notification (if applicable) 0% 9.04% 9.04% ------------------ ------------------- -------------- ------------- 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 may rights 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 voting % of voting financial date(x) Conversion cash settlement(xii) rights rights instrument Period (xi) ---------------------------- ------------ -------------------------- ------------------------------------ Equity Swap 02/05/2019 N/A Cash 490,373 0.63% ---------------------------- ------------ -------------------------- ------------------------------------ Equity Swap 28/06/2019 N/A Cash 29,130 0.04% ---------------------------- ------------ -------------------------- ------------------------------------ Equity Swap 01/07/2019 N/A Cash 8,200 0.01% ---------------------------- ------------ -------------------------- ------------------------------------ Equity Swap 05/07/2019 N/A Cash 13,954 0.02% ---------------------------- ------------ -------------------------- ------------------------------------ Equity Swap 12/07/2019 N/A Cash 2,461,450 3.15% ---------------------------- ------------ -------------------------- ------------------------------------ Equity Swap 03/09/2019 N/A Cash 61,759 0.08% ---------------------------- ------------ -------------------------- ------------------------------------ Equity Swap 08/11/2019 N/A Cash 5,900 0.01% ---------------------------- ------------ -------------------------- ------------------------------------ Equity Swap 03/12/2019 N/A Cash 3,201,187 4.10% ---------------------------- ------------ -------------------------- ------------------------------------ Equity Swap 28/09/2020 N/A Cash 9,200 0.01% ---------------------------- ------------ -------------------------- ------------------------------------ Equity Swap 04/01/2021 N/A Cash 6,200 0.01% ---------------------------- ------------ -------------------------- ------------------------------------ Equity Swap 11/03/2021 N/A Cash 1,255,381 1.61% ---------------------------- ------------ -------------------------- ------------------------------------ Equity Swap 24/09/2021 N/A Cash 28,800 0.04% ---------------------------- ------------ -------------------------- ------------------------------------ Equity Swap 26/10/2021 N/A Cash 95,700 0.12% ---------------------------- ------------ -------------------------- ------------------------------------ Equity Swap 01/06/2023 N/A Cash 22,000 0.03% ---------------------------- ------------ -------------------------- ------------------------------------ SUBTOTAL B.2 7,689,234 9.85% -------------------------- ------------------------------------ 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) : Name(xv) % of voting rights % of voting rights Total of both if it equals or through financial if it equals is higher than the instruments if it or is higher
notifiable threshold equals or is higher than the notifiable than the notifiable threshold threshold ----------------------- --------------------- --------------------- Edoardo Mercadante N/A 9.85% 9.85% ----------------------- --------------------- --------------------- Parvus Asset Management (Cayman) Limited N/A 9.85% 9.85% ----------------------- --------------------- --------------------- Parvus Asset Management Limited N/A 9.85% 9.85% ----------------------- --------------------- --------------------- Parvus Asset Management Europe Limited N/A 9.85% 9.85% ----------------------- --------------------- --------------------- 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) : The reason for the notification is that one of Parvus' clients - Parvus European Opportunities Master Fund, crossed above 3% on an individual basis. As at 11 March 2019 its holding was 3.1% of the issuer's total voting rights.
Done at London on 13 March 2019.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
HOLJLMRTMBIBBBL
(END) Dow Jones Newswires
March 19, 2019 13:43 ET (17:43 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