AO World plc Holding(s) in Company (1517G)
May 24 2017 - 10:24AM
UK Regulatory
TIDMAO.
RNS Number : 1517G
AO World plc
24 May 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or
the underlying issuer of existing AO World plc
shares to which voting rights
are attached: ii
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2 Reason for the notification (please tick the appropriate
box or boxes):
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An acquisition or disposal of voting rights X
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An acquisition or disposal of qualifying financial
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
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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):
----------------------------------------------------------- ---------------------------------
Baron Capital Group, Inc. ("BCG")
3. Full name of person(s) BAMCO, Inc. ("BAMCO")
subject to the notification
obligation: iii Baron Capital Management, Inc.
("BCM")
Ronald Baron
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4. Full name of shareholder(s)
(if different from 3.):iv
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5. Date of the transaction
and date on
which the threshold is crossed
or reached: v 16/05/2017
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6. Date on which issuer notified: 24/05/2017
----------------------------------------------------------- ---------------------------------
7. Threshold(s) that is/are
crossed or reached: vi, vii 7%
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8. Notified details:
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A: Voting rights attached to shares viii, ix
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Class/type Situation previous Resulting situation after the
of shares to the triggering triggering transaction
transaction
if possible
using the
ISIN CODE
------------- ------------------------------------ ------------------------------------------------------------------------------
Number Number Number Number of voting % of voting
of Shares of of shares rights rights x
Voting
Rights
------------- ----------------- ----------------- --------------- ----------------------------- ------------------------------
Direct Direct Indirect Direct Indirect
xi xii
------------- ------------- ------------- --------------- --------------- ------------ -------------- --------------
Not Not
GB00BJTNFH41 36,593,445 33,802,761 39,473,998 36,694,698 Applicable 7.9982% Applicable
------------- ----------------- ----------------- --------------- --------------- ------------ -------------- --------------
B: Qualifying Financial Instruments
-----------------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
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Type of Expiration Exercise/ Conversion Number of voting % of voting
financial date xiii Period xiv rights that rights
instrument may be acquired
if the instrument
is
exercised/ converted.
----------------- --------------- ---------------------------------- ------------------------------- --------------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments
xv, xvi
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Resulting situation after the triggering transaction
-----------------------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date xvii Conversion rights instrument rights xix,
instrument period refers to xx
xviii
--------------- --------------- --------------- ----------------- ------------------------------- ----------------------------
Nominal Delta
--------------- --------------- --------------- ----------------- ------------------------------- -------------- ------------
Total (A+B+C)
-----------------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
----------------------------------------------------- ----------------------------------------------------------------------------
36,694,698 7.9982%
----------------------------------------------------- ----------------------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the financial instruments are effectively
held, if applicable: xxi
-----------------------------------------------------------------------------------------------------------------------------------------
BCG, BAMCO and BCM are New York corporations. Ronald
Baron is a citizen of the United States. BAMCO and BCM
are subsidiaries of BCG. Ronald Baron owns a controlling
interest in BCG. The advisory clients of BAMCO and BCM
have the right to receive or the power to direct the
receipt of dividends from, or the proceeds from the sale
of, the Issuer's common stock in their accounts. To the
best of the Filing Persons' knowledge, no such person
has such interest relating to more than 7% of the outstanding
class of securities.
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Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy
holder will cease to hold:
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12. Date on which proxy holder will
cease to hold voting rights:
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13. Additional information:
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14. Contact name:
Patrick M. Patalino
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15. Contact telephone number:
+001 (212) 583-2119
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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