Last checked at 24 May 2017 16:24
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii |
AO World plc | ||
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) subject to the notification obligation: iii | Baron Capital Group, Inc. ("BCG") BAMCO, Inc. ("BAMCO") Baron Capital Management, Inc. ("BCM") Ronald Baron
| ||
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 reached: v |
16/05/2017 | ||
6. Date on which issuer notified: | 24/05/2017 | ||
7. Threshold(s) that is/are crossed or reached: vi, vii |
7% | ||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type of shares
if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | ||||||||||||||
Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
GB00BJTNFH41 |
36,593,445 |
33,802,761 |
39,473,998 |
36,694,698 |
Not Applicable |
7.9982% |
Not Applicable | |||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financial instrument | Expiration date xiii | Exercise/ Conversion Period xiv | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financial instrument | Exercise price | Expiration date xvii | Exercise/ Conversion period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | |||||||||||
Nominal | Delta | |||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
36,694,698 | 7.9982% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | ||
BCG, BAMCO and BCM are New York corporations. Ronald Baron is a citizen of the United States. BAMCO and BCM are subsidiaries of BCG. Ronald Baron owns a controlling interest in BCG. The advisory clients of BAMCO and BCM have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Issuer's common stock in their accounts. To the best of the Filing Persons' knowledge, no such person has such interest relating to more than 7% of the outstanding class of securities. | ||
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: |
Patrick M. Patalino | |
15. Contact telephone number: |
+001 (212) 583-2119 | |