22nd Apr 2009 17:09
22 April 2009
PartyGaming Plc
NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
PartyGaming Plc
2. Reason for the notification (please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: ( X )
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: ( )
Other (please specify) : ( )
3. Full name of person(s) subject to the notification obligation :
Orbis Holdings Limited (parent)
Orbis Investment Management Limited (investment manager and controlled undertaking)
Orbis Asset Management Limited (investment manager and controlled undertaking)
4. Full name of shareholder(s) (if different from 3.) :
Orbis Global Equity Fund Limited
Orbis MIS Orbis Global Equity Fund
Orbis Optimal SA Fund Limited
GA Fund - L Equity Deep Value World TP
Orbis Optimal Global Fund LP
Orbis SICAV - Global Equity Fund
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
21 April 2009
6. Date on which issuer notified:
22 April 2009
7. Threshold(s) that is/are crossed or reached:
Decrease below 5% and 4%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE Ordinary shares
G1000A0MV757
Situation previous to the triggering transaction
Number of shares
20,580,929
Number of voting Rights
-
Resulting situation after the triggering transaction
Number of shares
15,966,362
Number of voting rights
Direct
-
Number of voting rights
Indirect
15,966,362
% of voting rights
Direct
-
% of voting rights
Indirect
3.94%
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
-
Total (A+B)
Number of voting rights
15,966,362
% of voting rights
3.94
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
Orbis Investment Management Limited
Orbis Global Equity Fund Limited
Orbis MIS Orbis Global Equity Fund
Orbis Optimal SA Fund Limited
GA Fund - L Equity Deep Value World TP
Orbis Asset Management Limited
Orbis Optimal Global Fund LP
Proxy Voting:
10. Name of the proxy holder:
-
11. Number of voting rights proxy holder will cease to hold:
-
12. Date on which proxy holder will cease to hold voting rights:
-
13. Additional information:
-
14. Contact name:
Robert Hoskin - Company Secretary, PartyGaming Plc
15. Contact telephone number:
+350 200 78700
Related Shares:
BPTY.L