TIDMFAN

RNS Number : 8992U

Volution Group plc

12 April 2016

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                              Volution 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)                                    TowerBrook Investors Limited 
  subject to the                                               TowerBrook Investors GP III, 
  notification obligation:                                     L.P. 
  (iii)                                                        TowerBrook Investors III, 
                                                               L.P. 
                                                               TCP Volution Holdings GP, 
                                                               LLC 
                                                               Windmill Cayman L.P. 
                                                               Windmill Holdings Cooperatief 
                                                               U.A. 
                                                               Windmill Holdings B.V. 
                                                               Neal Moszkowski and Ramez 
                                                               Sousou 
-----------------------------------------------------------  -------------------------------- 
 4. Full name of shareholder(s)                                        Windmill Holdings B.V. 
  (if different from 3.):(iv) 
-----------------------------------------------------------  -------------------------------- 
 5. Date of the transaction                                                      8 April 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  -------------------------------- 
 6. Date on which issuer                                                        11 April 2016 
  notified: 
-----------------------------------------------------------  -------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                      23% 
-----------------------------------------------------------  -------------------------------- 
 
 
 
 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) 
-------------      -----------    -----------    -------------  -------------  ------------  ------------  ----------- 
 Ordinary 
 Shares of 
 GBP0.01 
 each 
 
 ISIN Code: 
 
 GB00BN3ZZ526   84,751,087       84,751,087       44,751,087     44,751,087                          22.4 
               ---------------  ---------------  -------------  -------------  ------------  ------------  ----------- 
 
 
 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. 
-----------------  -------------  ------------------------------  -----------------------------  --------------------- 
 
 
 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 
-------------------------------------------------  ------------------------------------------------------------------- 
 44,751,087                                         22.4 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------------------------ 
 
   TowerBrook Investors Limited is the general partner 
   of 
   TowerBrook Investors GP III, L.P., which is the general 
   partner of 
   TowerBrook Investors III, L.P., which is the parent 
   undertaking of 
   TCP Volution Holdings GP, LLC, which is the general 
   partner of 
   Windmill Cayman L.P., which is the parent undertaking 
   of 
   Windmill Holdings Cooperatief U.A. , which is the parent 
   undertaking of 
   Windmill Holdings B.V. 
   The ultimate controllers of TowerBrook Investors Limited 
   are Neal Moszkowski and Ramez 
   Sousou. 
 
 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:                                              Matthew Gerber, General Counsel, 
                                                                Europe 
                                                                TowerBrook Capital Partners 
                                                                (U.K.) LLP 

(MORE TO FOLLOW) Dow Jones Newswires

April 12, 2016 03:27 ET (07:27 GMT)

-------------------------------------------------------------  --------------------------------- 
 15. Contact telephone number:                                  0207 451 2032 
-------------------------------------------------------------  --------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLEAXLAFALKEEF

(END) Dow Jones Newswires

April 12, 2016 03:27 ET (07:27 GMT)

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