24 Feb 2014 15:09
24 February 2014
bwin.party digital entertainment plc
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
bwin.party digital entertainment plc
2. Reason for the notification:
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: Appointment of proxy (X)
3. Full name of person(s) subject to the notification obligation:
Christopher Vujnovich
James Russell DeLeon
4. Full name of shareholder(s) (if different from 3.):
Stinson Ridge Limited
5. Date of the transaction and date on which the threshold is crossed or reached:
20 February 2014
6. Date on which issuer notified:
24 February 2014
7. Threshold(s) that is/are crossed or reached:
From over 7% to below 3%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares
GI000A0MV757
Situation previous to the triggering transaction
Number of Shares
58,498,666
Number of Voting Rights
54,498,666
Resulting situation after the triggering transaction
Number of shares
Direct
Below 3%
Number of voting rights
Direct
Below 3%
Number of voting rights
Indirect
Below 3%
% of voting rights
Direct
Below 3%
% of voting rights
Indirect
Below 3%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument
-
Expiration date
-
Exercise/ Conversion period
-
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
Resulting situation after the triggering transaction
Type of financial instrument
-
Exercise Price
-
Expiration date
-
Exercise/ Conversion period
-
Number of voting rights instrument refers to
-
% of voting rights
Nominal
-
Delta
-
Total (A+B+C)
Number of voting rights
Below 3%
% of voting rights
Below 3%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
All voting rights held through Stinson Ridge Limited
Proxy Voting:
10. Name of the proxy holder:
Jason N Ader
11. Number of voting rights proxy holder will cease to hold:
41,524,886
12. Date on which proxy holder will cease to hold voting rights:
Following the Extraordinary General Meeting of bwin.party digital entertainment plc convened for 24 February 2014.
13. Additional information:
On 20 February 2014 Stinson Ridge Limited exchanged and completed a share sale agreement to sell 41,524,886 shares in bwin.party digital entertainment plc off-market. Pending the register of members being updated to reflect the sale, Stinson Ridge Limited appointed Jason N Ader as its proxy in relation to the Extraordinary General Meeting of bwin.party digital entertainment plc convened for 24 February 2014.
14. Contact name:
Robert Hoskin - Company Secretary, bwin.party digital entertainment plc
15. Contact telephone number:
+350 200 78700