TIDMAO.

RNS Number : 8301G

AO World plc

12 May 2014

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the underlying                                  AO World 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                                          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) subject                       Baron Capital Group, Inc. ("BCG") 
  to the                                                             BAMCO, Inc. ("BAMCO") 
  notification obligation: (iii)                    Baron Capital Management, Inc. ("BCM") 
                                                                              Ronald Baron 
--------------------------------------------  -------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
--------------------------------------------  -------------------------------------------- 
 5. Date of the transaction and date                                            09/05/2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  -------------------------------------------- 
 6. Date on which issuer notified:                                              09/05/2014 
--------------------------------------------  -------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                    5% 
--------------------------------------------  -------------------------------------------- 
 
 
 
 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) 
-------------    ----  -------  ------  -----  ---  -------------  -------------  -----------  -------------  ------------- 
                                                                                   Not                         Not 
 GB00BJTNFH41   19,163,121       17,702,576          22,951,020     21,326,020     Applicable   5.06%           Applicable 
               ---------------  ------------------  -------------  -------------  -----------  -------------  ------------- 
 
 
 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. 
---------------------  ---------------  -------------------------------  -----------------------------  ------------------- 
 
 
 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 
---------------------------------------------------------------  ---------------------------------------------------------- 
 21,326,020                                                       5.06% 
---------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 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 5% of the outstanding class of securities. 
 
 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: 
-------------------------------------------  ---------------------------------------- 
 14. Contact name:                                                Patrick M. Patalino 
-------------------------------------------  ---------------------------------------- 
 15. Contact telephone number:                                    +001 (212) 583-2119 
-------------------------------------------  ---------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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