Holding(s) in Company

RNS Number : 8453F

easyJet PLC

03 May 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:	Sanderson Asset Management Ltd
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):	28 April 2011
6. Date on which issuer notified:	3 May 2011
7. Threshold(s) that is/are crossed or reached:	4%

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
17,168,732		17,168,732
Resulting situation after the triggering transaction
Number of shares	Number of voting rights		Percentage of voting rights
	Direct	Indirect	Direct	Indirect
17,277,732	17,277,732	0	4.02%	4.02%

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
17,277,732	4.02%

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

Proxy Voting:
10. Name of the proxy holder:	Sanderson Asset Management Ltd
11. Number of voting rights proxy holder will cease to hold:	Not Applicable
12. Date on which proxy holder will cease to hold voting rights:	Not Applicable

13. Additional information:	Sanderson Asset Management Ltd ("Sanderson") acts as investment manager for our clients.  In acting for our clients, Sanderson are given full discretion over their investments and are empowered to vote on their behalf.  However, we do not act as our clients' custodian and therefore shares are not held in our name but in the name of each client's custodian bank.
14. Contact name:	Jalpa Taank
15. Contact telephone number:	0207 468 5977

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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