20th May 2014 18:22
20 May 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: ( )
3. Full name of person(s) subject to the notification obligation:
Jason N Ader (proxy holder)
4. Full name of shareholder(s) (if different from 3.):
SpringOwl Gibraltar Partners B Ltd.
5. Date of the transaction and date on which the threshold is crossed or reached:
20 May 2014
6. Date on which issuer notified:
20 May 2014
7. Threshold(s) that is/are crossed or reached:
5%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares
GI000A0MV757
Situation previous to the triggering transaction
Number of Shares
-
Number of Voting Rights
41,024,998
Resulting situation after the triggering transaction
Number of shares
Direct
-
Number of voting rights
Direct
-
Number of voting rights
Indirect
41,024,998
% of voting rights
Direct
-
% of voting rights
Indirect
5.02%
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
41,024,998
% of voting rights
5.02%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Jason N Ader has been appointed as discretionary proxy for SpringOwl Gibraltar Partners B Ltd. to exercise voting rights at the Annual General Meeting of the issuer convened for 22 May 2014.
Proxy Voting:
10. Name of the proxy holder:
Jason N Ader
11. Number of voting rights proxy holder will cease to hold:
41,024,998
12. Date on which proxy holder will cease to hold voting rights:
Upon the expiry of the annual general meeting convened for 22 May 2014 or any adjournment thereof.
13. Additional information:
-
14. Contact name:
Robert Hoskin - Company Secretary, bwin.party digital entertainment plc
15. Contact telephone number:
+350 200 78700
Related Shares:
BPTY.L