30th Jan 2014 12:00
30 January 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: ( )
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: ( X ) Peter C Montegriffo has ceased to be the Trustee of the Emerald Trust and the Stinson Trust, and is no longer entitled to exercise the voting rights attaching to shares held by Emerald Bay Limited and Stinson Ridge Limited
3. Full name of person(s) subject to the notification obligation:
Peter Cecil Montegriffo
Ruth Monicka Parasol DeLeon
James Russell DeLeon
4. Full name of shareholder(s) (if different from 3.):
Emerald Bay Limited
Stinson Ridge Limited
5. Date of the transaction and date on which the threshold is crossed or reached:
27 January 2014
6. Date on which issuer notified:
29 January 2014
7. Threshold(s) that is/are crossed or reached:
From 14% to below 3%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares
GI000A0MV757
Situation previous to the triggering transaction
Number of Shares
116,997,333
Number of Voting Rights
14.3%
Resulting situation after the triggering transaction
Number of shares
Direct
Below 3%
Number of voting rights
Direct
Below 3%
Number of voting rights
Indirect
Below 3%
% of voting rights
Direct
Below 3%
% of voting rights
Indirect
Below 3%
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
Below 3%
% of voting rights
Below 3%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
-
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:
Further to the announcement made by bwin.party digital entertainment plc ("bwin.party") on 31 October 2013 regarding certain divestiture arrangements, Peter C Montegriffo became the trustee of both the Emerald Trust and the Stinson Trust on 27 November 2013, and was thereby entitled to exercise the voting rights attaching to the shares in bwin.party held by Emerald Bay Limited and Stinson Ridge Limited. Peter C Montegriffo was replaced on 27 January 2014 as the Trustee of the Emerald Trust by Samuel Vidal Moses Cohen, and replaced as the Trustee of the Stinson Trust by Christopher Vujnovich. Ruth Monicka Parasol DeLeon and James Russell DeLeon (respectively) continue to be beneficially interested in the bwin.party shares for as long as the Emerald Trust (in the case of Ruth Monicka Parasol DeLeon) or Stinson Trust (in the case of James Russell DeLeon) continue to own the underlying bwin.party shares, but the voting rights attaching to such shares shall be exercised in the sole discretion of (respectively) the Trustee of the Emerald Trust or the Trustee of the Stinson Trust.
14. Contact name:
Robert Hoskin - Company Secretary, bwin.party digital entertainment plc
15. Contact telephone number:
+350 200 78700
Related Shares:
BPTY.L