Holding(s) in Company

RNS Number : 5358U

Paddy Power plc

16 October 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 (Holdings) Limited (Parent Company) - (2.43)% comprised of,

Standard Life Investments Limited - 2.43%

Ignis Investment Services Limited - 0%

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: 15 October 2014

6. Date on which issuer notified; 16 October 2014

7. Threshold(s) that is/are crossed or reached: Dropped below 3%

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
	Number of Shares	Number of Voting rights	Direct	Direct	Indirect	Direct	Indirect
IE0002588105	1,729,844	1,729,844	1,188,950	306,615	882,335	0.627665	1.806209

SUBTOTAL A (based on aggregate voting rights)						2.43 %

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)