The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Holding(s) in Company - Orbis Allan Gray Limited

7 Jan 2016 09:31

RNS Number : 1397L
bwin.party digital entertainment
07 January 2016
 

 

7 January 2016

 

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: ( )

 

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: (X) Internal Re-organisation

 

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

 

Orbis Allan Gray Limited (parent)

 

Orbis Investment Management Limited (investment manager and controlled undertaking)

 

Orbis Asset Management Limited (investment manager and controlled undertaking)

 

Orbis Portfolio Management (Europe) LLP (investment manager and controlled undertaking)

 

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

 

Vidacos Nominees Limited

 

HSBC Custody Nominees (Australia) Ltd

 

5. Date of the transaction and date on which the threshold is crossed or reached:

 

1 January 2016

 

6. Date on which issuer notified:

 

6 January 2016

 

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

 

5% (below)

 

8. Notified details:

 

A: Voting rights attached to shares

 

Class/type of shares

 

GI000A0MV757

 

Situation previous to the triggering transaction

 

Number of Shares

 

31,794,311

 

Number of Voting Rights

 

31,794,311

 

Resulting situation after the triggering transaction

 

Number of shares

Direct

 

-

 

Number of voting rights

Direct

 

-

 

Number of voting rights

Indirect

 

44,253,736

 

% of voting rights

 

Direct

 

-

 

% of voting rights

 

Indirect

 

5.33%

 

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

 

44,253,736

 

% of voting rights

 

5.33%

 

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

 

Orbis Investment Management Limited. Orbis Asset Management Limited and Orbis Portfolio (Europe) LLP are controlled undertakings of Orbis Allan Gray Limited.

 

Proxy Voting:

10. Name of the proxy holder:

-

11. Number of voting rights proxy holder will acquire:

-

12. Date on which proxy holder will acquire voting rights:

-

13. Additional information:

 

This notification results from an internal re-organisation of the Orbis corporate group that took effect on 1 January 2016. The re-organisation caused certain entities to become controlled undertakings of Orbis Allan Gray Limited and has, therefore, resulted in those entities' positions now being included in the aggregate position ultimately controlled by Orbis Allan Gray Limited for the first time as at 1 January 2016.

 

14. Contact name:

 

Robert Hoskin - Company Secretary, bwin.party digital entertainment plc

 

15. Contact telephone number:

 

+350 200 78700

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLGCGDBCDGBGLR

Related Shares

Back to RNS

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.