Flybe Group PLC Notification of Major Interest in Shares (5614G)
March 04 2015 - 9:39AM
UK Regulatory
TIDMFLYB
RNS Number : 5614G
Flybe Group PLC
04 March 2015
For filings with the FCA include the
annex
For filings with issuer exclude the
annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------------------------------------------
1. Identity of the issuer or the underlying FLYBE GROUP PLC
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 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 Pelham Capital Ltd
to the
notification obligation: (iii)
------------------------------------------ ------------------------------------------
4. Full name of shareholder(s) Pelham Long/Short Master Fund Ltd
(if different from 3.):(iv) Pelham Long/Short Small Cap Master
Fund Ltd
------------------------------------------ ------------------------------------------
5. Date of the transaction and date 3(rd) March 2015
on
which the threshold is crossed
or
reached: (v)
------------------------------------------ ------------------------------------------
6. Date on which issuer notified: 4(th) March 2015
------------------------------------------ ------------------------------------------
7. Threshold(s) that is/are crossed Above 5%
or
reached: (vi, vii)
------------------------------------------ ------------------------------------------
8. Notified details:
--------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
--------------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
if possible
using
the ISIN
CODE
------------- ------------------------------------ ---------------------------------------------------------------------
Number Number Number Number of voting % of voting rights
of of of shares rights (x)
Shares Voting
Rights
------------- --------------- ------------------- ------------ ------------------------ -----------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- ----- ------ ------ ------ --- ------------ ------------- --------- ------------- --------------
Equity 0 0 6,622,416 6,622,416 3.06%
--------------- ------------------- ------------ ------------- --------- ------------- --------------
GB00B4QMVR10
------------- ----- ------ ------ ------ --- ---------- ---- ------- --------- --- ---- -----------
B: Qualifying Financial Instruments
--------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
--------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date (xiii) Conversion Period rights that may rights
(xiv) be
acquired if the
instrument is
exercised/ converted.
---------------------- -------------- ------------------------------- --------------------------- --------------------
Equity Swap
GB00B4QMVR10 N/A N/A 8,434,000.00 3.89%
---------------------- -------------- ------------------------------- --------------------------- --------------------
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 rights
financial price date (xvii) Conversion rights instrument (xix, xx)
instrument period refers to
(xviii)
--------------- ------------- -------------- ----------------- ---------------------------- -------------------------
Nominal Delta
--------------- ------------- -------------- ----------------- ---------------------------- ------------ -----------
Total (A+B+C)
--------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
--------------------------------------------------------------- ---------------------------------------------------------
15,056,416 6.95%
--------------------------------------------------------------- ---------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
--------------------------------------------------------------------------------
Equity:
Pelham Long/Short Master Fund Ltd 6,622,416 3.06%
Equity Swap
Pelham Long/Short Master Fund Ltd 1,901,579 0.88%
Pelham Long/Short Small Cap Master Fund Ltd 6,532,421 3.01%
Proxy Voting:
--------------------------------------------------------------------------------
10. Name of the proxy holder: N/A
--------------------------------------------------- ---------------------------
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: Alex Bell
---------------------------------------- --------------------------------------
15. Contact telephone number: 020 7747 0200
---------------------------------------- --------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
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