Holding(s) in Company

RNS Number : 7475I

easyJet PLC

20 June 2011

 

TR-1:    Notifications of Major Interests in Shares

1.   Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

easyJet PLC

2.   Reason for notification (yes/no)
An acquisition or disposal of voting rights		Yes
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached		No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments		No
An event changing the breakdown of voting rights		No
Other (please specify):		No

3.  Full name of person(s) subject to the notification obligation:	Orbis Holdings Limited (parent) Orbis Asset Management Limited (investment manager and controlled undertaking Orbis Investment Management Limited (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):	15 June 2011
6. Date on which issuer notified:	17 June 2011
7. Threshold(s) that is/are crossed or reached:	3%

8.    Notified Details
A:   Voting rights attached to shares
Class/type of share  If possible use ISIN code		GB0001641991
Situation previous to the triggering transaction
Number of shares		Number of voting rights
Below 3%		Below 3%
Resulting situation after the triggering transaction
Number of shares	Number of voting rights		Percentage of voting rights
	Direct	Indirect	Direct	Indirect
Below 3%		13,027,117		3.03%

B:   Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights
N/A	N/A	N/A	N/A	N/A

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	Percentage of voting rights
13,027,117	3.03%

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

Orbis Asset Management Limited is a controlled undertaking of Orbis Holdings Limited. Orbis Investment Management Limited is a controlled undertaking of Orbis Holdings Limited.

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:	Hugh Gillespie, Legal Counsel
15. Contact telephone number:	[phone]

Contact Name and telephone number at easyJet plc for enquiries:

Investor:

Rachel Kentleton, Investor Relations                             [phone]

Media:

Paul Moore,  Communications                                       [phone]

 

END

 

 

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