FLYB Flybe Grp

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

END

HOLEZLFBEXFXBBQ

Flybe (LSE:FLYB)
Historical Stock Chart
From Apr 2024 to May 2024

Flybe (LSE:FLYB)
Historical Stock Chart
From May 2023 to May 2024