Holding(s) in Company

RNS Number : 2827J

Paddy Power plc

03 August 2012

 



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:

Marathon Asset Management LLP

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

See breakdown in paragraph 13                                  

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

1^st August 2012

6.         Date on which issuer notified;

2^nd August 2012

7.         Threshold(s) that is/are crossed or reached: 4% total share holding (3% with voting rights)

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
	Number of Shares	Number of Voting rights	Number of shares	Number of voting rights		% of voting rights
			Direct	Direct	Indirect	Direct	Indirect
IE0002588105	1,963,517	1,624,953	1,954,060		1,619,759		3.30%
SUBTOTAL A (based on aggregate voting rights)	1,963,517	1,624,953	1,954,060	1,619,759		3.30%

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
N/A
		SUBTOTAL B (in relation to all expiration dates)

Total (A+B)	number of voting rights	% of voting rights
	1,619,759	3.30%

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 the proxy holder] will cease to hold [number] voting rights as of [date]. N/A

11.       Additional information: Done at London on 2^nd August 2012

12.       Date on which proxy holder will cease to hold voting rights: N/A

13.       Additional Information:

CUSTODIAN                                                             HOLDING

Bank of New York                                                                   14,051

BNP Paribas Securities Services                                               3,029

BNP Paribas Securities Services UK                                        12,111

Brown Brothers Harriman                                                         35,818

Citibank                                                                                   15,039

Danske Bank                                                                            21,765

JP Morgan Chase                                                                     123,188

Mellon Bank                                                                             380,815

National Australia Bank Limited                                                3,551

Northern Trust                                                                          755,595

RBC Dexia                                                                               5,067

State Street Bank & Trust Company, Boston                            463,345

MEHF                                                                                     120,686

Total                                                                                       1,954,060

14.       Contact Name: Simon Davies, Chief Compliance Officer

                                                Marathon Asset Management LLP

Orion House

                                                5 Upper St Martin's Lane

                                                London

                                                WC2H 9EA

                                                United Kingdom

15.       Contact Telephone Number:     [phone]

 

END

 

 

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