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TR-1 Notification of Major Interest in Shares

9th Nov 2016 14:22

RNS Number : 7759O
Paysafe Group PLC
09 November 2016
 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
 

 

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

Paysafe Group 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

 

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

 

An event changing the breakdown of voting rights

 

Other (please specify):

 

 

3. Full name of person(s) subject to thenotification obligation: iii

Bain Capital Public Equity Management, LLC

4. Full name of shareholder(s) (if different from 3.):iv

N/A

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

1 November 2016

6. Date on which issuer notified:

8 November 2016

7. Threshold(s) that is/are crossed orreached: vi, vii

Above 3%

      
 

 

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

GB0034264548

14,631,266

14,631,266

14,725,666

 

14,725,666

 

3.01%

 

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

N/A

N/A

N/A

N/A

N/A

 

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

 

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

14,725,666

3.01%

                 
 

 

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

This statement is being filed by Bain Capital Public Equity Management, LLC ("BCPE Management") on behalf of the following: (i) Brookside Capital Trading Fund, L.P. ("Trading Fund"), whose general partner is Brookside Capital Investors II, L.P., whose general partner is BCPE Management, and (i) Brookside Capital Partners Fund III, L.P. ("Partners Fund III"), whose general partner is Brookside Capital Investors III, L.P., whose general partner is BCPE Management. Trading Fund holds 13,781,964 shares, or 2.81% of voting rights. Partners Fund III, L.P. holds 943,702 shares, or 0.19% of voting rights.

 

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease to hold:

N/A

12. Date on which proxy holder will cease to hold voting rights:

N/A

 

13. Additional information:

 

Please note, the total amount of voting rights has been rounded to 2 decimal places therefore there is a possibility of a rounding error.

 

General email contact: [email protected]

 

14. Contact name:

Adriana Rojas Garzón

15. Contact telephone number:

+1 617 516 2763

   

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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