Paysafe Group PLC TR-1 Notification of Major Interest in Shares (7759O)
10 November 2016 - 1:22AM
UK Regulatory
TIDMPAYS
RNS Number : 7759O
Paysafe Group PLC
09 November 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or Paysafe Group 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 X
------------------------------------------------------------------- ---------------------------
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
------------------------------------------------------------------- ---------------------------
Other (please
specify):
--------------------------------------------------------- -------- ---------------------------
3. Full name of person(s) Bain Capital Public Equity
subject to the Management, LLC
notification obligation:
(iii)
----------------------------------------------------------- -----------------------------------
4. Full name of shareholder(s) N/A
(if different from 3.):(iv)
----------------------------------------------------------- -----------------------------------
5. Date of the transaction 1 November 2016
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- -----------------------------------
6. Date on which issuer 8 November 2016
notified:
----------------------------------------------------------- -----------------------------------
7. Threshold(s) that is/are Above 3%
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)
------------- ------------ ------------- -------------- --------- ------------ ------------ -----------
GB0034264548 14,631,266 14,631,266 14,725,666 14,725,666 3.01%
---------------- ----------------- -------------- --------- ------------ ------------ -----------
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 N/A N/A N/A 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)
--------------- -------------- --------------- ---------------- ------------------------- -----------------------
N/A N/A N/A N/A N/A Nominal Delta
--------------- -------------- --------------- ---------------- ------------------------- ------------ ---------
N/A N/A
------------- ------------ ------------- ------------ ------- ------------ ------------ ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
---------------------------------------------------- ----------------------------------------------------------------
14,725,666 3.01%
---------------------------------------------------- ----------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
--------------------------------------------------------------------------------------------------------------------
This statement is being filed by Bain Capital Public
Equity Management, LLC ("BCPE Management") on behalf
of the following: (i) Brookside Capital Trading Fund,
L.P. ("Trading Fund"), whose general partner is Brookside
Capital Investors II, L.P., whose general partner is
BCPE Management, and (i) Brookside Capital Partners
Fund III, L.P. ("Partners Fund III"), whose general
partner is Brookside Capital Investors III, L.P., whose
general partner is BCPE Management. Trading Fund holds
13,781,964 shares, or 2.81% of voting rights. Partners
Fund III, L.P. holds 943,702 shares, or 0.19% of voting
rights.
Proxy Voting:
--------------------------------------------------------------------------------------------------------------------
10. Name of the proxy holder: N/A
------------------------------------------------------- -----------------------------------------------------------
11. Number of voting rights proxy N/A
holder will cease to hold:
------------------------------------------------------- -----------------------------------------------------------
12. Date on which proxy holder will N/A
cease to hold voting rights:
------------------------------------------------------- -----------------------------------------------------------
13. Additional information: Please note, the total amount
of voting rights has been
rounded to 2 decimal places
therefore there is a possibility
of a rounding error.
General email contact: securitiesfilings@baincapital.com
------------------------------------------------------- -----------------------------------------------------------
14. Contact name: Adriana Rojas Garzón
------------------------------------------------------- -----------------------------------------------------------
15. Contact telephone number: +1 617 516 2763
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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