Holding(s) in Company

RNS Number : 0174U

Paddy Power Betfair plc

12 January 2017

 

 Standard Form TR-1

 Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Paddy Power Betfair 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 [ ] An event changing the breakdown of voting rights [ ] Other (please specify)iii:
3. Details of person subject to the notification obligationiv :
Name: EuroPacific Growth Fund ("EUPAC")		City and country of registered office (if applicable): Los Angeles, California, U.S.A.
4. Full name of shareholder(s) (if different from 3.)v:
5. Date on which the threshold was crossed or reachedvi: 10 January 2017
6. Date on which issuer notified: 11 January 2017
7. Threshold(s) that is/are crossed or reached:  Above 7% - Aggregate of voting rights from shares
8. Total positions of person(s) subject to the notification obligation:
	% of voting rights attached to shares (total of 9.A)	% of voting rights through financial instruments (total of 9.B.1 + 9.B.2)	Total of both in % (9.A + 9.B)	Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached	0.0000% (see section 12)	0.0000% (see section 12)	0.0000% (see section 12)	84,013,510
Position of previous notification (if applicable)	0.0000% (see section 12)	0.0000% (see section 12)	0.0000% (see section 12)

9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rightsix					% of voting rights
	Direct			Indirect		Direct		Indirect
Ordinary Shares IE00BWT6H894	5,886,826					0.0000% (see section 12)
SUBTOTAL A	5,886,826					0.0000% (see section 12)
B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations
Type of financial instrument		Expiration datex	Exercise/ Conversion Periodxi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
n/a
			SUBTOTAL B.1
B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations
Type of financial instrument	Expiration datex		Exercise/ Conversion Period xi		Physical or cash settlementxii		Number of voting rights		% of voting rights
n/a
					SUBTOTAL B.2

10. Information in relation to the person subject to the notification obligation [X ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii [ ] Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:
Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]
12. Additional informationxvi: EUPAC is a mutual fund registered in the United States under the Investment Company Act of 1940. EUPAC is the legal owner of 5,886,826 shares (7.01% of outstanding shares). EUPAC has granted proxy voting authority to Capital Research and Management Company, its investment adviser. EUPAC previously disclosed (as of 29 November 2016) a shareholding of 5,037,439 shares (6.01% of outstanding shares). Please note that the notification submitted on behalf of The Capital Group Companies, Inc. dated 8 December 2016 included EUPAC's holdings.

Done at Los Angeles, California on 11 January 2017

 

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