Holding(s) in company - 11 August 2016

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

   

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

Fastjet PLC

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

X

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

 

An event changing the breakdown of voting rights

X

Other (please specify):

   

3. Full name of person(s) subject to the
notification obligation:
 iii

GAM International Management Limited

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

State Street Nominees Limited

5. Date of the transaction and date on
which the threshold is crossed or
reached:
 v

09 August 2016

6. Date on which issuer notified:

11 August 2016

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

5%, 10%, 11%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00BWGCH354

2,914,200

2,914,200

7,514,200

7,514,200

 

7.767%

 
 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date 
xiii

Exercise/
Conversion Period 
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

         
 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period 
xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Warrant

31.5p

21/07/2021

NA

4,600,000

Nominal

Delta

4.539%

NA

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

12,114,200

11.953%

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

GAM International Management Ltd (GIML) is a discretionary investment manager acting in its capacity as investment adviser for GAM Global Diversified Investments and GAM UK Diversified Investments.

The share position in Fastjet PLC has increased from 2,914,200 (4.387%) shares to 7,514,200 (7.767%). The breakdown across the funds is as follows:

  • GAM Global Diversified Investments (5,254,713 shares; 5.431%)
  • GAM UK Diversified Investments (2,259,487 shares; 2.335%)

GIML has an additional exposure of 4,600,000 (4.539%) warrants which have an equivalent number of voting rights of 4,600,000 (4.539%) should they be exercised. In the event of exercising the warrants, the total number of voting rights will increase with the number of warrants exercised. The breakdown in warrants across the funds is therefore as follows:

  • GAM Global Diversified Investments (3,090,509 warrants; 3.049%)
  • GAM UK Diversified Investments (1,509,491 warrants; 1.489%)

The total exposure in the event of exercising these warrants is therefore 12,114,200 voting rights (11.953%).

 

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:

Barbara Langford, Compliance Officer

15. Contact telephone number:

020 7917 2442

Note: Annex should only be submitted to the FCA not the issuer

Annex: Notification of major interests in sharesxxii

 

A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

GAM International Management Limited

Contact address

(registered office for legal entities)

20 King Street

London

SW1Y 6QY

Phone number & email

020 7493 9990

Other useful information

(at least legal representative for legal persons)

FRN 122331

   

B: Identity of the notifier, if applicable

Full name

Barbara Langford, Compliance Officer

Contact address

20 King Street

London

SW1Y 6QY

Phone number & email

020 7917 2442

[email protected]

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

 
 

C: Additional information

 

For notes on how to complete form TR-1 please see the FCA website.

 

Posted on 11th August 2016