Major Shareholding Notification • Jul 23, 2015
Major Shareholding Notification
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National Storage Mechanism | Additional information
RNS Number : 9514T
AO World plc
23 July 2015
TR-1:NOTIFICATIONOFMAJORINTERESTINSHARES i
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | AO World Plc | ||
| 2 Reason for the notification (please tick the appropriate box or boxes): | |||
| 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 | X | ||
| An event changing the breakdown of voting rights | |||
| Other (please specify): | |||
| 3. Full name of person(s) subject to the notification obligation: iii | Maverick Capital, Ltd., as a discretionary manager of client accounts | ||
| 4. Full name of shareholder(s) (if different from 3.):iv |
N/A | ||
| 5. Date of the transaction and date on which the threshold is crossed or reached: v | 21 July 2015 | ||
| 6. Date on which issuer notified: | 23 July 2015 | ||
| 7. Threshold(s) that is/are crossed or reached: vi, vii | 5% | ||
| 8. Notified details: | |||||||
| A: Voting rights attached to shares viii, ix | |||||||
| 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 x | |||
| Direct | Direct xi | Indirect xii | Direct | Indirect | |||
| B: Qualifying Financial Instruments | ||||
| Resulting situation after the triggering transaction | ||||
| Type of financial instrument | Expiration date xiii | Exercise/ Conversion Period xiv |
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 xv, xvi |
||||||
| Resulting situation after the triggering transaction | ||||||
| Type of financial instrument | Exercise price | Expiration date xvii | Exercise/ Conversion period xviii | Number of voting rights instrument refers to | % of voting rights xix, xx | |
| Total Return Swap (no voting rights) |
Multiple | Greater than 12 months from 26 February 2014 | N/A | 21,210,245 | Nominal | Delta |
| 5.04% | 5.04% |
| Total (A+B+C) | |
| Number of voting rights | Percentage of voting rights |
| 21,210,245 | 5.04% |
| 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: | |
| 14. Contact name: | John T. McCafferty |
| 15. Contact telephone number: | 1-214-880-4040 |
This information is provided by RNS
The company news service from the London Stock Exchange
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