3rd Aug 2012 12:52
Standard Form TR-1Voting rights attached to shares- Article 12(1) of directive 2004/109/ECFinancial instruments - Article 11(3) of the Commission Directive 2007/14/EC
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Paddy Power PLC
2. Reason for the notification (please tick the appropriate box or boxes):
[x ] an acquisition or disposal of voting rights
[ ] an acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
[ ] an event changing the breakdown of voting rights
3. Full name of person(s) subject to the notification obligation:
Marathon Asset Management LLP
4. Full name of shareholder(s) (if different from 3.):
See breakdown in paragraph 13
5. Date of the transaction and date on which the threshold is crossed or reached:
1st August 2012
6. Date on which issuer notified;
2nd August 2012
7. Threshold(s) that is/are crossed or reached: 4% total share holding (3% with voting rights)
8. Notified details:
A) Voting rights attached to shares | |||||||
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 | |||
| Direct | Direct | Indirect | Direct | Indirect | |||
IE0002588105 | 1,963,517 | 1,624,953 | 1,954,060 | 1,619,759 | 3.30% | ||
SUBTOTAL A (based on aggregate voting rights) | 1,963,517 | 1,624,953 | 1,954,060 | 1,619,759 | 3.30% | ||
B) Financial Instruments | ||||
Resulting situation after the triggering transaction | ||||
Type of financial instrument | Expiration Date | Exercise/Conversion Period/ Date | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
N/A | ||||
SUBTOTAL B (in relation to all expiration dates) |
| |||
Total (A+B) | number of voting rights | % of voting rights |
1,619,759 | 3.30% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: N/A
10. In case of proxy voting: [name of the proxy holder] will cease to hold [number] voting rights as of [date]. N/A
11. Additional information: Done at London on 2nd August 2012
12. Date on which proxy holder will cease to hold voting rights: N/A
13. Additional Information:
CUSTODIAN HOLDING
Bank of New York 14,051
BNP Paribas Securities Services 3,029
BNP Paribas Securities Services UK 12,111
Brown Brothers Harriman 35,818
Citibank 15,039
Danske Bank 21,765
JP Morgan Chase 123,188
Mellon Bank 380,815
National Australia Bank Limited 3,551
Northern Trust 755,595
RBC Dexia 5,067
State Street Bank & Trust Company, Boston 463,345
MEHF 120,686
Total 1,954,060
14. Contact Name: Simon Davies, Chief Compliance Officer
Marathon Asset Management LLP
Orion House
5 Upper St Martin's Lane
London
WC2H 9EA
United Kingdom
15. Contact Telephone Number: +442074972211
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