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Holding(s) in Company - Emerald Bay Limited

24th Feb 2014 15:09

RNS Number : 8022A
bwin.party digital entertainment
24 February 2014
 



 

24 February 2014

 

bwin.party digital entertainment plc

 

 

TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

 

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

 

bwin.party digital entertainment plc

 

2. Reason for the notification:

 

An acquisition or disposal of voting rights: (X)

 

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: ( )

 

An event changing the breakdown of voting rights: ( )

 

Other: Appointment of proxy (X)

 

3. Full name of person(s) subject to the notification obligation:

 

Samuel Vidal Moses Cohen

Ruth Monicka Parasol DeLeon

 

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

 

Emerald Bay Limited

 

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

 

20 February 2014

 

6. Date on which issuer notified:

 

24 February 2014

 

7. Threshold(s) that is/are crossed or reached:

 

7%

 

8. Notified details:

 

A: Voting rights attached to shares

 

Class/type of shares

 

GI000A0MV757

 

Situation previous to the triggering transaction

 

Number of Shares

 

58,498,667

 

Number of Voting Rights

 

58,498,667

 

Resulting situation after the triggering transaction

 

Number of shares

Direct

 

Below 3%

 

Number of voting rights

Direct

 

Below 3%

 

Number of voting rights

Indirect

 

50,193,690

 

% of voting rights

 

Direct

 

Below 3%

 

% of voting rights

 

Indirect

 

6.17%

 

B: Qualifying Financial Instruments

 

Resulting situation after the triggering transaction

 

Type of financial instrument

 

-

 

Expiration date

 

-

 

Exercise/ Conversion period

 

-

 

 

Number of voting rights that may be acquired if the instrument is exercised/ converted.

 

-

 

% of voting rights

 

-

 

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

 

50,193,690

 

% of voting rights

 

6.17%

  

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

 

50,193,690 voting rights held through Emerald Bay Limited

 

Proxy Voting:

10. Name of the proxy holder:

Daniel B Silvers

11. Number of voting rights proxy holder will cease to hold:

8,304,977

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

Following the Extraordinary General Meeting of bwin.party digital entertainment plc convened for 24 February 2014.

13. Additional information:

 

On 20 February 2014 Emerald Bay Limited exchanged and completed a share sale agreement to sell 8,304,977 shares in bwin.party digital entertainment plc off-market. Pending the register of members being updated to reflect the sale, Emerald Bay Limited appointed Daniel B Silvers as its proxy in relation to the Extraordinary General Meeting of bwin.party digital entertainment plc convened for 24 February 2014.

 

14. Contact name:

 

Robert Hoskin - Company Secretary, bwin.party digital entertainment plc

 

15. Contact telephone number:

 

+350 200 78700

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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