27th Feb 2017 13:18
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | BBA AVIATION PLC | ||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||
An acquisition or disposal of voting rights | |||||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | |||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | X | ||||
An event changing the breakdown of voting rights | |||||
Other (please specify): | |||||
3. Full name of person(s) subject to thenotification obligation: iii | 12 WEST CAPITAL MANAGEMENT LP | ||||
4. Full name of shareholder(s) (if different from 3.):iv | N/A | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 15 February 2017 | ||||
6. Date on which issuer notified: | 24 February 2017 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 3 PER CENT THRESHOLD CROSSED | ||||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
GB00B1FP8915 | 30,881,757 | 30,881,757 | 28,000,000 | 28,000,000 | 2.72% | |||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
N/A | ||||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
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| Nominal | Delta | |||||||||||||
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Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
28,000,000 | 2.72% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
12 west capital Management lp serves as the investment manager to 12 west capital fund lp and 12 west capital offshore fund lp (together, the "funds") and possesses full investment discretion in respect of the financial instruments having similar economic effect to qualifying financial instruments which are held by the funds and are the subject of this notification.
12 west capital management, llc is the general partner of 12 west capital management lp and joel ramin is the sole member of 12 west capital management, llc.
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Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | N/A | |
14. Contact name: | James Gilmore, Chief Compliance Officer | |
15. Contact telephone number: | +1-646-216-7040 | |
Related Shares:
SIG.L