26th Oct 2015 17:51
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i |
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 |
22 OCTOBER 2015 | ||
6. Date on which issuer notified: |
23 OCTOBER 2015 | ||
7. Threshold(s) that is/are crossed or reached: vi, vii |
5 PER CENT THRESHOLD CROSSED | ||
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 November 2015 |
15,040,471 |
Nominal |
Delta | ||
3.210% | ||||||
Cash settled swap (12 West Capital Offshore Fund LP) |
12 November 2015 |
8,651,849 |
1.846% |
Total (A+B+C) | |
Number of voting rights | Percentage of voting rights |
23,692,320 |
5.056% |
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 |
Related Shares:
SIG.L