RNS Number : 0855E

Hostelworld Group PLC

30 October 2015

For   For filings with the FCA include the annex For   For filings with issuer exclude the annex T   TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				Hostelworld Group 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
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: iii		-I.G. Investment Management, Ltd. -Investors Group Inc. -IGM Financial Inc.
4. Full name of shareholder(s)  (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		October 29, 2015
6. Date on which issuer notified:		October 30, 2015
7. Threshold(s) that is/are crossed or reached: vi, vii		3%

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

GB0001826634

4,115,000

4.306%

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

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

4,115,000

4.306%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
The voting rights (4.306%) are held by I.G. Investment Management, Ltd. (4.306%), acting as manager and portfolio advisor, and I.G. International Management Limited (4.306%) acting as portfolio advisor, of various mutual funds, as a result of Regulation 15(1)(h). Investors Group Inc. is a 100% shareholder in both I.G. Investment Management, Ltd. and I.G. International Management Limited. IGM Financial Inc. is a 100% shareholder in Investors Group Inc. All of the above (except I.G. Investment Management, Ltd. and I.G. International Management Limited) have an indirect holding of 4.306% as a result of Regulation 15(1)(e).
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:	Jean Carroll, I.G. International Management Limited (investment advisor to two of the three mutual funds that hold the shares that are the subject of this notice)
15. Contact telephone number:	+353-1-449 4002

This information is provided by RNS

The company news service from the London Stock Exchange

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