Paddy Power plc PAP Holding in Company

  Paddy Power plc (PAP) - Holding in Company

RNS Number : 9122R
Paddy Power plc
23 November 2012








TR-1: Notifications of Major Interests in Shares



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



2: Reason for notification (yes/no)
An acquisition or disposal of voting rights                                Yes
An acquisition or disposal of qualifying financial instruments which may
result in the acquisition of shares already issued to which voting rights  No
are attached
An acquisition or disposal of instruments with similar economic effect to  No
qualifying financial instruments
An event changing the breakdown of voting rights                           No
Other (please specify):                                                   No



3. Full name of person(s) subject to the
notification                    Standard Life Investments
                                                    Ltd
 obligation:
4. Full name of shareholder(s) (if different from   Vidacos Nominees
3.):
5. Date of the transaction (and date on which the
threshold                                          22 November 2012

 is crossed or reached):
6. Date on which issuer notified:                   23 November 2012
7. Threshold(s) that is/are crossed or reached:     Dropped below 7%





8: Notified Details
A: Voting rights attached to shares
Class/type of share If possible use ISIN code IE0002588105

  Situation previous to the triggering transaction
Number of shares                               Number of voting rights
3,437,236                                      3,437,236

  Resulting situation after the triggering transaction
Number of shares              Number of voting rights     Percentage of
                                                          voting rights
                                  Direct       Indirect  Direct Indirect
3,424,106                        795,535       2,628,571 1.62%   5.36%



B: Qualifying Financial Instruments
  Resulting situation after the triggering transaction
 Type of   Expiration  Exercise/  No. of voting rights that may be  Percentage
financial     date    conversion              acquired              of voting
instrument            period/date        (if the instrument           rights
                                        exercised/converted)
                                                                    



C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments
  Resulting situation after the triggering transaction


Type of       Exercise   Expiration   Exercise/   Number of    % of voting
financial     price      date         Conversion  voting       rights
instrument                            period      rights
                                                  instrument   
                                                  refers to
                                                               Nominal  Delta
                                                                  



Total (A+B+C)
Number of voting rights Percentage of voting rights
3,424,106               6.98%









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



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:             GIOS@standardlife.com
                              Standard Life Investments Ltd

15. Contact telephone number:
                              (0131) 245 6565
























































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

END


HOLFEUFLDFESESF -0- Nov/23/2012 14:14 GMT
 
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