Volution Group plc Holding(s) in Company (3826E)

TIDMFAN

RNS Number : 3826E

Volution Group plc

03 November 2015

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                              Volution 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): 
--------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                 X 
------------------------------------------------------------  ------------------------------- 
 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)                                    TowerBrook Investors Limited 
  subject to the                                               TowerBrook Investors GP III, 
  notification obligation:                                     L.P. 
  (iii)                                                        TowerBrook Investors III, 
                                                               L.P. 
                                                               TCP Volution Holdings GP, 
                                                               LLC 
                                                               Windmill Cayman L.P. 
                                                               Windmill Holdings Cooperatief 
                                                               U.A. 
                                                               Windmill Holdings B.V. 
                                                               Neal Moszkowski and Ramez 
                                                               Sousou 
-----------------------------------------------------------  -------------------------------- 
 4. Full name of shareholder(s)                                        Windmill Holdings B.V. 
  (if different from 3.):(iv) 
-----------------------------------------------------------  -------------------------------- 
 5. Date of the transaction                                                   2 November 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  -------------------------------- 
 6. Date on which issuer                                                      3 November 2015 
  notified: 
-----------------------------------------------------------  -------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                      43% 
-----------------------------------------------------------  -------------------------------- 
 
 
 
 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) 
-------------      ------------    ------------    -------------  -------------  ------------  ------------  ----------- 
 Ordinary 
 Shares of 
 GBP0.01 
 each 
 
 ISIN Code: 
 
 GB00BN3ZZ526   122,751,087       122,751,087       84,751,087     84,751,087                          42.4 
               ----------------  ----------------  -------------  -------------  ------------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of            Expiration      Exercise/                        Number of voting               % of voting 
 financial           date            Conversion                       rights that                    rights 
 instrument          (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 
---------------------------------------------------  ------------------------------------------------------------------- 
 84,751,087                                           42.4 
---------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------------ 
 
   TowerBrook Investors Limited is the general partner 
   of 
   TowerBrook Investors GP III, L.P., which is the general 
   partner of 
   TowerBrook Investors III, L.P., which is the parent 
   undertaking of 
   TCP Volution Holdings GP, LLC, which is the general 
   partner of 
   Windmill Cayman L.P., which is the parent undertaking 
   of 
   Windmill Holdings Cooperatief U.A. , which is the parent 
   undertaking of 
   Windmill Holdings B.V. 
   The ultimate controllers of TowerBrook Investors Limited 
   are Neal Moszkowski and Ramez 
   Sousou. 
 
 Proxy Voting: 
------------------------------------------------------------------------------------------------ 
 10. Name of the proxy holder: 
-------------------------------------------------------------  --------------------------------- 
 11. Number of voting rights proxy 
  holder will cease to hold: 
-------------------------------------------------------------  --------------------------------- 
 12. Date on which proxy holder will 
  cease to hold voting rights: 
-------------------------------------------------------------  --------------------------------- 
 
 
  13. Additional information: 
-------------------------------------------------------------  --------------------------------- 
 14. Contact name:                                              Matthew Gerber, General Counsel, 
                                                                Europe 
                                                                TowerBrook Capital Partners 

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November 03, 2015 07:19 ET (12:19 GMT)