BBA Aviation PLC Holding(s) in Company (9541X)
February 27 2017 - 7:18AM
UK Regulatory
TIDMBBA
RNS Number : 9541X
BBA Aviation PLC
27 February 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or BBA AVIATION PLC
the underlying issuer
of existing shares to which
voting rights are
attached: (ii)
--------------------------------------------------------------- --------------------------------
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 X
similar economic effect to qualifying financial
instruments
------------------------------------------------------------------ -----------------------------
An event changing the breakdown of voting rights
------------------------------------------------------------------ -----------------------------
Other (please
specify):
--------------------------------------------------------- ------- -----------------------------
3. Full name of person(s) 12 WEST CAPITAL MANAGEMENT
subject to the LP
notification obligation:
(iii)
----------------------------------------------------------- ------------------------------------
4. Full name of shareholder(s) N/A
(if different from 3.):(iv)
----------------------------------------------------------- ------------------------------------
5. Date of the transaction 15 February 2017
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- ------------------------------------
6. Date on which issuer 24 February 2017
notified:
----------------------------------------------------------- ------------------------------------
7. Threshold(s) that is/are 3 PER CENT THRESHOLD CROSSED
crossed or
reached: (vi, vii)
----------------------------------------------------------- ------------------------------------
8. Notified details:
----------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
----------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares transaction
if possible
using
the ISIN
CODE
------------- -------------------------------- ---------------------------------------------------------------------
Number Number Number Number of % of voting
of of of shares voting rights (x)
Shares Voting rights
Rights
------------- --------------- --------------- ------------- --------------------------- -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- ----------- ----------- ------------- ------------- ------------ ------------ -----------
GB00B1FP8915 30,881,757 30,881,757 28,000,000 28,000,000 2.72%
--------------- --------------- ------------- ------------- ------------ ------------ -----------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion rights that rights
instrument (xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
----------------- ------------- ------------------------------ ----------------------------- ---------------------
N/A
----------------- ------------- ------------------------------ ----------------------------- ---------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights instrument rights (xix,
instrument (xvii) period refers to xx)
(xviii)
--------------- ------------- ------------- --------------- ----------------------------- -----------------------
Nominal Delta
--------------- ------------- ------------- --------------- ----------------------------- ------------ ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------------------------------- -------------------------------------------------------------------
28,000,000 2.72%
------------------------------------------------- -------------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
-----------------------------------------------------------------------------------------------
12 west capital Management lp serves as the investment
manager to 12 west capital fund lp and 12 west capital
offshore fund lp (together, the "funds") and possesses
full investment discretion in respect of the financial
instruments having similar economic effect to qualifying
financial instruments which are held by the funds and
are the subject of this notification.
12 west capital management, llc is the general partner
of 12 west capital management lp and joel ramin is the
sole member of 12 west capital management, llc.
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: N/A
------------------------------------------------------------- --------------------------------
14. Contact name: James Gilmore, Chief Compliance
Officer
------------------------------------------------------------- --------------------------------
15. Contact telephone number: +1-646-216-7040
------------------------------------------------------------- --------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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