Holding(s) in Company

RNS Number : 5945H

Paddy Power plc

20 May 2014

 



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: 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: 19 May 2014

6.         Date on which issuer notified;  20 May 2014

7.         Threshold(s) that is/are crossed or reached: Dropped below 6%

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		Resulting situation after the triggering transaction[i]
	Number of Shares	Number of Voting rights	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
IE0002588105	3,025,877	3,025,877	2,625,519	969,970	1,655,549	1.967991	3.358975
SUBTOTAL A (based on aggregate voting rights)

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)

Total (A+B)	number of voting rights	% of voting rights
	2,625,519	5.326966

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

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

11.       Additional information:

Done at 1 George Street, Edinburgh, EH2 2LL, United Kingdom on 20 May 2014

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