13D Filing: Farallon Capital and Playa Hotels & Resorts NV (PLYA)

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Page 2 of 27 – SEC Filing

13D
CUSIP No. N70544106
1
  NAMES OF REPORTING PERSONS
  Cabana Investors, B.V.
2
  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
                                                                                                                                                  (a) [     ]
                                                                                                                                 (b) [ X ]**
** The reporting persons making this filing hold an aggregate of 32,227,130 ordinary shares (including 2,058,450 ordinary shares issuable upon the exercise of certain warrants), which is 30.5% of the class of securities.  The reporting person on this cover page, however, is a beneficial owner only of the securities reported by it on this cover page.
3
  SEC USE ONLY
4
  SOURCE OF FUNDS (See Instructions)
  N/A
5
  CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
  TO ITEMS 2(d) OR 2(e)
  [     ]
6
  CITIZENSHIP OR PLACE OF ORGANIZATION
  Netherlands
NUMBER OF
SHARES BENEFICIALLY
OWNED BY
EACH
REPORTING  PERSON WITH
7
  SOLE VOTING POWER
  -0-
8
  SHARED VOTING POWER
  30,293,2491
9
  SOLE DISPOSITIVE POWER
  -0-
10
  SHARED DISPOSITIVE POWER
  30,293,2491
11
  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
  30,293,2491
12
  CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
  CERTAIN SHARES (See Instructions)
                                                                                                                                                 [ X ]
13
  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
  28.7%1
14
  TYPE OF REPORTING PERSON (See Instructions)
  CO




1This number includes (a) 1,373,174 ordinary shares issuable upon the exercise of Company Founder Warrants, as defined below, and (b) 561,753 ordinary shares issuable upon the exercise of Company Earnout Warrants, as defined below.  See Preliminary Note and Item 5.

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