11th Aug 2016 12:25
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Fastjet PLC | ||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||
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 | X | ||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | |||||
An event changing the breakdown of voting rights | X | ||||
Other (please specify): | |||||
3. Full name of person(s) subject to thenotification obligation: iii | GAM International Management Limited
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4. Full name of shareholder(s) (if different from 3.):iv | State Street Nominees Limited | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 09 August 2016 | ||||
6. Date on which issuer notified: | 11 August 2016 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 5%, 10%, 11%, 12% | ||||
8. Notified details: | |||||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||||
GB00BWGCH354 | 2,914,200 | 2,914,200 | 7,514,200 | 7,514,200 | 7.767% | ||||||||||||
B: Qualifying Financial Instruments | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| ||||||||||||
Warrant | 31.5p | 21/07/2021 | NA | 4,600,000
| Nominal | Delta | |||||||||||
4.755% | NA | ||||||||||||||||
Total (A+B+C) | |||||||||||||||||
Number of voting rights | Percentage of voting rights | ||||||||||||||||
12,114,200 | 12.521% | ||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
GAM International Management Ltd is a discretionary investment manager acting in its capacity as investment adviser for GAM Global Diversified Investments and GAM UK Diversified Investments.
The position in Fastjet PLC has increased from 2,914,200 (4.387%) shares to 7,514,200 (7.767%) shares, with an additional exposure of 4,600,000 (4.755%) warrants which have an equivalent number of voting rights of 4,600,000 (4.755%) should they be exercised. The aggregate potential exposure is therefore 12,114,200 (12.521%) shares. The breakdown across the funds is as follows:
· GAM Global Diversified Investments (5,254,713 shares; 5.431%) · GAM Global Diversified Investments (3,090,509 warrants; 3.194%)
· GAM UK Diversified Investments (2,259,487 shares; 2.335%) · GAM UK Diversified Investments (1,509,491 warrants; 1.560%)
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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: | ||
14. Contact name: | Barbara Langford, Compliance Officer | |
15. Contact telephone number: | 020 7917 2442 | |
Related Shares:
FJET.L