Holding(s) in Company

RNS Number : 2055X

Paddy Power plc

26 August 2015

 



1.         Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:                Paddy Power 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 which may result in the acquisition of shares already issued to which voting rights are attached

[ ]      an event changing the breakdown of voting rights

3.          Full name of person(s) subject to the notification obligation;;;: John Corcoran

4.          Full name of shareholder(s) (if different from 3.)iv:

5.          Date of the transaction and date on which the threshold is crossed or reachedv: 26 August 2015

6.          Date on which issuer notified; 26 August 2015

7.          Threshold(s) that is/are crossed or reached:  Below 3%

8.         Notified details:

A) Voting rights attached to shares
Class/type of shares (if possible using the ISIN CODE)	Situation previous to the Triggering transaction vi		Resulting situation after the triggering transaction VII
	Number of Sharesviii	Number of Voting rightsix	Number of sharesx	Number of voting rightsxi		% of voting rights
			Direct	Directxi'	Indirect xiii	Direct	Indirect
Ordinary (IEOOBWT6H561)	1,350,000	1,350,000	1,320,000	1,320,000		2.9971 %
SUBTOTAL A (based on aggregate voting rights)	1,350,000	1,350,000	1,320,000	1,320,000		2.9971%

B) Financial Instruments
Resulting  situation  after the triggering transactionxi v
Type of financial instrument	Expiration Datexv	Exercise/Conversion Period/ Datexvi	Number of voting rights that may be acquired if the instrument is exercised/conve1ted	% of voting rights
NIA
		SUBTOTAL B (in relation to all expiration dates)

Total (A+B)	number of voting rights	% of voting rights
1,320,000	1,320,000	2.9971%

9.          Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicablexvii:

10.        In case of proxy voting: [name of the proxy holder] will cease to hold

[number] voting rights as of [date].

11.       Additional information: Done at Dublin on 26 August 2015.

IANNEX TO THE STANDARD FORM TR-1 xviii

a)     Identity of the person or legal entity subject  to the notification obligation :

Full name (including legal form for legal entities)

Contact address (registered office for legal entities)

Phone number

Other useful information (at least legal representative for legal persons)

b)     Identity of the notifier, if applicablexix: Full name

Contact address

Phone number

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

c)          Additional  information

John  Corcoran .............................................

c/o Gartlan Furey, 20 Fitzwilliam Square, Dublin  2........................ ..............................

01 7998000 .... ............. . .... ......... .......

Notes to Form TR-1

This form is to be sent to the issuer or underlying issuer and to be filed with the competent authority.

ii              Either the full name of the legal entity or another method for identifying the issuer or underlying issuer, provided it is reliable and accurate.

iii             This should be the full name of (a) the shareholder; (b) the natural person or legal entity acquiring, disposing of or exercising voting rights i n the cases provided for in Article 10 (b) to (h) of Directive 2004/109/EC; (c) all the parties to the agreement referred to in Article 10 (a) of  that Directive, or (d) the holder of financial instruments entitled to acquire shares already issued to which voting rights are attached, as appropriate.

In relation to the transactions referred to in points (b) to (h) of Article 10 of that Directive,  the following list is provided as indication of the persons who should be mentioned:

in the circumstances foreseen in letter (b) of Article 10 of that Directive, the natural person or legal entity that acquires the voting rights and is entitled to exercise them under the agreement and the natural person or legal entity who is transferring temporarily for consideration the voting rights;

in the circumstances foreseen in letter (c) of Article 10 of that Directive, the natural person or legal entity holding the collateral, provided the person or entity controls the voting rights and declares its intention of exercising them, and natural person or legal entity lodging the collateral under these conditions;

in the circumstances foreseen in letter (d) of Article 10 of that Directive, the natural person or legal entity who has a life interest in shares if that person or entity is entitled to exercise the voting rights attached to the shares and the natural person or legal entity who is disposing of the voting rights when the life interest is created;

in the circumstances foreseen in letter (e) of Article 10  of that  Directive,  the  controlling natural person or legal entity and, provided it has a notification duty at an individual level under Article 9, under letters (a) to (d) of A1ticle 10 of that Directi ve or under a combination of any of those situations, the contro lled unde1taking;

in the circumstances foreseen in letter (t) of Article 10 of that Directive, the deposit taker of the shares, if he can exercise the voting rights attached to the shares deposited with him  at  his discretion, and the depositor of the shares allowing the deposit taker to exercise the voting rights at his discretion;

in the circumstances foreseen in letter (g) of A1ticle 10 of that Directive, the natural person or legal entity that controls the voting rights;

in the circumstances foreseen in letter (h) of Article 10 of that Directive, the proxy holder, if he can exercise the voting rights at his discretion, and the shareholder who has given his proxy to the proxy holder allowing the latter to exercise the voting rights at his discretion.

iv                     Appl icable in the cases provided  for in Artic le  10 (b) to (h) of Directive 2004/ 109/EC. This should be the full name of the shareholder who is the counterparty to the natural person or legal entity referred to in Article 10 of that Directive unless the holdings of the shareholder would be lower than 3% of the total number of voting rights.

v                       The date of the transaction should normally be, i n the case of an on exchange transaction, the date on which the matching of orders occurs; in the case of an off exchange transaction, date of the entering into an agreement.

The date on which threshold is crossed should normally be the date on which the acquisition, disposal or possibility to exercise voting rights takes effect. For passive crossings, the date when the corporate event took effect.

vi                      Please refer to the situation disclosed in the previous notification. In case the  situation previous to the triggering transaction was below 3%, please state "below 3%".

vii                    If the holding has fallen below the minim u m threshold, the notifying party should  not be obliged to disclose the extent of the holding, only that the new holding is below 3%.

For the case provided for in Article I O(a) of Directi ve 20041109/EC, there should be no disclosure of individual holdings per party to the agreement unless a party individually crosses or reaches an Article 9 threshold. This applies upon entering into, introducing changes to or terminating an agreement.

viii                  To be used in Member States where applicable.

ix                     Direct and indirect.

To be used i n Member States where applicable .

x i                    In case of combined holdings of shares with voting rights attached "direct holding" and voting rights "indirect holding", please split the voting rights number and percentage into  the  direct  and indirect columns - if there is no combined holdings, please leave the relevant box blank.

xii                   Voting rights attached to shares held by the notifying party (Article 9 of Directive 2004/109/EC).

xiii                   Voting rights held by the notifying paity independently of any holding of shares (Article 10 of Directive 2004/109/EC).

xiv                   If the holdi ng  has fallen below the minim um threshold, the notifying party should not be obliged to disclose the extent of the holding, only that the new holding is below 3%.

xv                    Date of maturity/expiration of the financial instrument i .e.  the date when  right  to  acquire shares ends.

xvi                   If the financial instrument has such a period - please specify this period - for example once every 3 months sta1ting from [date].

xvii                 The notification should include the name(s) of the controlled undertakings through which the voting rights are held . The notification should also include the amount of voting rights and the percentage held by each controlled undertaking, insofar  as  individually  the  controlled  undertaking holds 3% or more, and insofar as the notification by the parent undertaking is intended to cover the notification obligations of the controlled undertaking.

xviii                This annex is only to be filed with the competent authority.

xix                   Whenever another person  makes the notification on behalf of the shareholder or the natural person/legal entity  referred to in Articles 10 and 13 of Directive 2004/109/EC

 

END

 

 

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