Apax 7-B may be deemed to beneficially own 6,558,566 Class A Ordinary Shares, which amount constitutes 11.2% of the outstanding Class A Ordinary Shares. Each of Apax Europe VII-1, L.P., Apax Europe VII-B, L.P. and Apax Europe VI-1, L.P., as a result of the relationships described in Item 2, may be deemed to have or share beneficial ownership of such Class A Ordinary Shares.
Hunt 7-A GP Limited, as a result of the relationships described in Item 2, may be deemed to have or share beneficial ownership of 10,041,456 Class A Ordinary Shares with Apax 7-A and Apax 7-B, which amount constitutes 17.2% of the outstanding Class A Ordinary Shares.
Apax 6-A may be deemed to beneficially own 3,856,468 Class A Ordinary Shares, which amount constitutes 6.6% of the outstanding Class A Ordinary Shares. Each of Hunt 6-A GP Limited and Apax Europe VI-A, L.P., as a result of the relationships described in Item 2, may be deemed to have or share beneficial ownership of such Class A Ordinary Shares.
Each of the Apax Europe VII Funds GPs, as a result of the relationships described in Item 2, may be deemed to have or share beneficial ownership of 10,041,456 Class A Ordinary Shares with the Apax Europe VII Funds, which amount constitutes 17.2% of the outstanding Class A Ordinary Shares.
Each of the Apax Europe VI Funds GPs, as a result of the relationships described in Item 2, may be deemed to have or share beneficial ownership of 10,415,034 Class A Ordinary Shares with the Apax Europe VI Funds, which amount constitutes 17.8% of the outstanding Class A Ordinary Shares.
Neither the filing of this Schedule 13D nor any of its contents shall be deemed to constitute an admission by any of such persons, other than Apax 7-A, Apax 7-B or Apax 6-A that it is the beneficial owner of any of the Class A Ordinary Shares referred to herein for purposes of the Securities Exchange Act of 1934, or for any other purpose, and such beneficial ownership is expressly disclaimed.
(c) Other than as disclosed below, there have been no transactions in the Issuer’s shares by the Reporting Persons.
On February 10, 2015, Apax 7-A sold 357,866 ADSs, representing 71,573 Class A Ordinary Shares, Apax 7-B sold 673,890 ADSs, representing 134,778 Class A Ordinary Shares and Apax 6-A sold 396,251 ADSs, representing 79,250 Class A Ordinary Shares, in each case through its broker Credit Suisse Securities (USA) LLC in an open market transaction for $6.7927 per ADS, representing $33.9635 per share.
On February 11, 2015, Apax 7-A sold 1,371,309 ADSs, representing 274,262 Class A Ordinary Shares, Apax 7-B sold 2,582,287 ADSs, representing 516,457 Class A Ordinary Shares and Apax 6-A sold 1,518,397 ADSs, representing 303,680 Class A Ordinary Shares, in each case through its broker Credit Suisse Securities (USA) LLC in an open market transaction for $6.7314 per ADS, representing $33.657 per share.
On February 12, 2015, Apax 7-A sold 254,551 ADSs, representing 50,910 Class A Ordinary Shares, Apax 7-B sold 479,339 ADSs, representing 95,868 Class A Ordinary Shares and Apax 6-A sold 281,854 ADSs, representing 56,371 Class A Ordinary Shares, in each case through its broker Credit Suisse Securities (USA) LLC in an open market transaction for $6.7562 per ADS, representing $33.781 per share.
On February 13, 2015, Apax 7-A sold 121,357ADSs, representing 24,271 Class A Ordinary Shares, Apax 7-B sold 228,525 ADSs, representing 45,705 Class A Ordinary Shares and Apax 6-A sold 134,374 ADSs, representing 26,875 Class A Ordinary Shares, in each case through its broker Credit Suisse Securities (USA) LLC in an open market transaction for $6.7506 per ADS, representing $33.753 per share.