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: |
Paddy Power PLC |
2: Reason for notification (yes/no) |
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An acquisition or disposal of voting rights |
Yes |
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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 |
No |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
No |
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An event changing the breakdown of voting rights |
No |
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Other (please specify): |
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No |
3. Full name of person(s) subject to the notification obligation: |
Standard Life Investments Ltd |
4. Full name of shareholder(s) (if different from 3.): |
Vidacos Nominees |
5. Date of the transaction (and date on which the threshold is crossed or reached): |
16 November 2012 |
6. Date on which issuer notified: |
19 November 2012 |
7. Threshold(s) that is/are crossed or reached: |
Increased above 7% |
8: Notified Details
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A: Voting rights attached to shares
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Class/type of share If possible use ISIN code
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IE0002588105
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Situation previous to the triggering transaction
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Number of shares
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Number of voting rights
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3,427,597
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3,427,597
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Resulting situation after the triggering transaction
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Number of shares
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Number of voting rights
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Percentage of
voting rights |
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Direct
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Indirect
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Direct
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Indirect
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3,437,236
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795,535
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2,641,701
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1.62%
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5.38%
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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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Expiration date
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Exercise/ conversion period/date
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No. of voting rights that may be acquired
(if the instrument exercised/converted) |
Percentage of voting rights
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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 |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
3,437,236 |
7.00% |
9. Chain of controlled undertakings through which the voting rights and/or the |
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Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will cease to hold:
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12. Date on which proxy holder will cease to hold voting rights:
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13. Additional information:
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14. Contact name:
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GIOS@standardlife.com |
15. Contact telephone number:
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(0131) 245 6565 |