Holding(s) in Company

RNS Number : 8336K

Paddy Power plc

21 July 2011

 



Standard Form TR-1
Voting rights attached to shares- Article 12(1) of directive 2004/109/EC
Financial instruments - Article 11(3) of the Commission Directive 2007/14/EC

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

Paddy Power plc

2.         Reason for the notification (please tick the appropriate box or boxes):

[X]     an acquisition or disposal of voting rights

[ ]      an acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

[ ]      an event changing the breakdown of voting rights

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

            William Blair & Company L.L.C.

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

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

18 July 2011

6.         Date on which issuer notified:

20 July 2011

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

Fell below 3% threshold

8.         Notified details:

A) Voting rights attached to shares
Class/type of shares (if possible using the ISIN CODE)	Situation previous to the Triggering transaction No transaction		Resulting situation after the triggering transaction
	Number of Shares	Number of Voting rights	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
IE0002588105	1,471,135	1,471,135	1,228,635	1,228,635		2.52%
SUBTOTAL A (based on aggregate voting rights)	1,471,135	1,471,135	1,228,635	1,228,635		2.52%

B) Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration Date	Exercise/Conversion  Period/ Date	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
		SUBTOTAL B (in relation to all expiration dates)	nil	nil

Total (A+B)	number of voting rights	% of voting rights
	1,228,635	2.52%

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

            N/A

10.       In case of proxy voting: [name of proxy holder] will cease to hold [number] noting rights as of [date]. N/A

11.       Additional information:

William Blair & Company, L.L.C., (William Blair) is an investment adviser registered under the U.S. Investment Advisers Act of 1940. As such, pursuant to advisory contracts, William Blair carries out asset management activities and has the power to purchase and sell securities on behalf of its clients and the power to vote for most clients. Persons other than William Blair are entitled to receive all dividends from, and proceeds from the sale of all securities reported hereunder. William Blair informs you that the threshold reported in this Form represents the aggregate holdings of William Blair on behalf of its advisory clients. None of William Blair's clients has individually reached, exceeded, or fallen below a reporting threshold.

 

END

 

 

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