RNS Number : 3118O
Hostelworld Group PLC
17 August 2017
 

Standard Form TR-1

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i


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

Hostelworld Group Plc

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

[ ] An acquisition or disposal of voting rights

[ ] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights

[X] Other (please specify)iii:

Completion of the court-sanctioned scheme of arrangement and all-share merger under Part 26 of the Companies Act 2006 of Aberdeen Asset Management PLC and Standard Life plc which became effective on 14 August 2017. As a consequence various investment management companies having delegated voting rights across a number of client portfolios have become affiliated entities and threshold limits have been triggered.

 

3. Details of person subject to the notification obligationiv :

Name

Aggregate of Standard Life Aberdeen plc affiliated investment management entities with delegated voting rights on behalf of multiple managed portfolios

City and country of registered office (if applicable):

Edinburgh, Scotland

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

Hostelworld Group Plc

5. Date on which the threshold was crossed or reachedvi:

14/08/2017

6. Date on which issuer notified:

16/08/2017

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

N/a - refer section 2.

8. Total positions of person(s) subject to the notification obligation:


% of voting rights attached to shares (total of 9.A)

% of voting rights through financial instruments
(total of 9.B.1 + 9.B.2)

Total of both in % (9.A + 9.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

7.21

0.00

7.21

95,570,778

Position of previous notification (if applicable)

N/A

N/A

N/A


 

9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

 

Direct

 

 

Indirect

 

 

Direct

 

 

Indirect

 

 

GB00BYYN4225

N/A

6,893,296

N/A

7.21











SUBTOTAL A

6,893,296

7.21


B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations 

Type of financial instrument

Expiration
datex

Exercise/
Conversion Periodxi

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

% of voting rights


















SUBTOTAL B.1




B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations

Type of financial instrument

Expiration
datex

Exercise/
Conversion Period xi

Physical or cash settlementxii

Number of voting rights

% of voting rights






















SUBTOTAL B.2



 

10. Information in relation to the person subject to the notification obligation (please tick the applicable box):

 

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

 

[ X ] Full chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

 

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Standard Life Investments Limited

5.91

0.00

5.91

Ignis Investment Services Limited

0.86

0.00

0.86

Aberdeen Asset Managers Limited

0.07

0.00

0.07

Aberdeen Asset Investments Limited

0.37

0.00

0.37


11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

N/A

 


12. Additional informationxvi:

As a result of the completion of the court-sanctioned scheme of arrangement and all-share merger under Part 26 of the Companies Act 2006 of Aberdeen Asset Management PLC and Standard Life plc which became effective on 14 August 2017, this notification details the assets under management of the new Combined Group ('Standard Life Aberdeen plc') as of the dates noted above.

In reference to section 9, the shares detailed are managed by the named discretionary investment management entity within multiple portfolios on behalf of underlying clients, based on investment management agreements whereby the client has delegated the exercise of the voting power to the referenced investment manager.

 

 

Done at Aberdeen, United Kingdom on 16/08/2017.

 


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