Paddy Power plc PAP Holding in Company

  Paddy Power plc (PAP) - Holding in Company

RNS Number : 3656R
Paddy Power plc
16 November 2012

                             Standard Form TR-1

 Voting Rights Attached to Shares - Article 12(1) of Directive 2004/109/EC

Financial Instruments - Article 11(3) of the Commission Directive 2007/14/EC

This notification is for filing purposes only in accordance with Regulation 22
of the Transparency (Directive

2004/109/EC) Regulations 2007.

1. Identity of the issuer or the underlying issuer of existing Paddy Power plc
shares to which voting rights are attached:

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                  ü

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 to the
notification obligation:                          FMR LLC

4. Full name of shareholder(s) (if different from
3.):                                              See schedule

5. Date of the transaction and date on which the
threshold is crossed or reached:                  15^th November 2012

6. Date on which issuer notified:
                                                  16^th November 2012

7. Threshold(s) that is/are crossed or reached:

8. Notified details:

A) Voting rights attached to shares

Class/type of  Situation previous   Resulting situation after the triggering
shares (if     to the triggering    transaction
possible using transaction
the ISIN CODE) Number     Number    Number    Number of voting % of voting
               of         of        of shares rights           rights
               Shares     Voting
                          Rights    Indirect  Direct Indirect  Direct Indirect
 IE0002588105  2,954,463  2,954,463 2,920,863 -      2,920,863        5.95%
  (based on    2,954,463  2,954,463 2,920,863 2,920,863        5.95%
voting rights)

B) Financial Instruments
Resulting situation after the triggering transaction

Type of financial Expiration Exercise/  Number of voting      % of voting
instrument        date       Conversion rights that may be    rights
                             Period     acquired if the
                                        instrument is
                                        exercised/ converted.

        -             -          -                -                -

Total (A+B)

Number of voting rights Percentage of voting rights
2,920,863               5.95

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: See below schedule

Custodian                Total     Management Company
BROWN BROTHERS HARRIMAN    461,900 FMRC - Fidelity Management & Research
AND CO                             Company Inc.
CITIBANK NA (C)          1,429,458 FMRC - Fidelity Management & Research
                                   Company Inc.
JPMORGAN CHASE BANK        301,679 FMR UK - Fidelity Management & Research
                                   (U.K.) Inc.
MELLON BANK NA (C)          88,784 FIIA (U.K.)L - Fidelity International
                                   Investment Advisors (U.K.) Limited
NORTHERN TRUST CO (C)      618,700 FMR UK - Fidelity Management & Research
                                   (U.K.) Inc.
STATE STREET BANK AND TR    20,342 FMRC - Fidelity Management & Research
CO                                 Company Inc.
Grand Total              2,920,863 

10. In case of proxy voting: Number of voting rights proxy holder will cease
to hold is 33,600

11. Additional information: None

                     This information is provided by RNS
           The company news service from the London Stock Exchange


HOLFFLFLMFESEIF -0- Nov/16/2012 14:56 GMT
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