7 Jan 2016 09:31
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7 January 2016
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bwin.party digital entertainment plc
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TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
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bwin.party digital entertainment plc
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2. Reason for the notification:
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An acquisition or disposal of voting rights: ( )
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
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An acquisition or disposal of instruments with similar economic effect to qualifying financial
instruments: ( )
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An event changing the breakdown of voting rights: ( )
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Other: (X) Internal Re-organisation
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3. Full name of person(s) subject to the notification obligation:
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Orbis Allan Gray Limited (parent)
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Orbis Investment Management Limited (investment manager and controlled undertaking)
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Orbis Asset Management Limited (investment manager and controlled undertaking)
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Orbis Portfolio Management (Europe) LLP (investment manager and controlled undertaking)
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4. Full name of shareholder(s) (if different from 3.):
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Vidacos Nominees Limited
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HSBC Custody Nominees (Australia) Ltd
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5. Date of the transaction and date on which the threshold is crossed or reached:
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1 January 2016
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6. Date on which issuer notified:
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6 January 2016
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7. Threshold(s) that is/are crossed or reached:
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5% (below)
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8. Notified details:
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A: Voting rights attached to shares
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Class/type of shares
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GI000A0MV757
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Situation previous to the triggering transaction
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Number of Shares
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31,794,311
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Number of Voting Rights
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31,794,311
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Resulting situation after the triggering transaction
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Number of shares
Direct
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-
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Number of voting rights
Direct
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-
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Number of voting rights
Indirect
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44,253,736
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% of voting rights
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Direct
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-
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% of voting rights
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Indirect
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5.33%
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B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial instrument
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-
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Expiration date
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-
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Exercise/ Conversion period
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-
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Number of voting rights that may be acquired if the instrument is exercised/ converted.
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-
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% of voting rights
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-
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial instrument
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-
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Exercise Price
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-
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Expiration date
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-
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Exercise/ Conversion period
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-
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Number of voting rights instrument refers to
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-
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% of voting rights
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Nominal
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-
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Delta
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-
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Total (A+B+C)
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Number of voting rights
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44,253,736
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% of voting rights
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5.33%
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
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Orbis Investment Management Limited. Orbis Asset Management Limited and Orbis Portfolio (Europe) LLP are controlled undertakings of Orbis Allan Gray Limited.
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Proxy Voting:
10. Name of the proxy holder:
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11. Number of voting rights proxy holder will acquire:
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12. Date on which proxy holder will acquire voting rights:
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13. Additional information:
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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.
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14. Contact name:
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Robert Hoskin - Company Secretary, bwin.party digital entertainment plc
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15. Contact telephone number:
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+350 200 78700
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