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Holding(s) in Company

30th Oct 2015 15:57

RNS Number : 0916E
BBA Aviation PLC
30 October 2015
 



 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
R-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

 

 

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

which the threshold is crossed or reached: v

 

27 OCTOBER 2015

 

6. Date on which issuer notified:

 

30 OCTOBER 2015

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

 

FALLING BELOW 5 PER CENT THRESHOLD

 

  8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

 

Direct

 

Direct xi

 

Indirect xii

 

Direct

 

Indirect

 

N/A

 

 

B: Qualifying Financial Instruments

 

Resulting situation after the triggering transaction

Type of financial

instrument

Expiration

date xiii

Exercise/

Conversion Period xiv

Number of voting

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

% of voting

rights

 

 

N/A

 

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

xv, xvi

 

Resulting situation after the triggering transaction

Type of financial

instrument

Exercise

price

Expiration

date xvii

Exercise/

Conversion period xviii

Number of voting rights

instrument refers to

% of voting rights xix,

xx

 

 

Cash settled swap (12 West Capital Fund LP)

 

 

 

12/11/2015

 

 

 

28,097,056

 

Nominal

 

Delta

 

 

2.750%

 

Cash settled swap (12 West Capital Offshore Fund LP)

 

 

12/11/2015

 

 

16,146,047

 

 

1.581%

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

 

44,243,103

 

4.292%

 

9. Chain of controlled undertakings through which the voting rights and/or the financial 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.

 

 

 

 

 

  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:

 

N/A

 

14. Contact name:

 

James Gilmore, Chief Compliance Officer

 

15. Contact telephone number:

 

+1-646-216-7040

 

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