AssetCo PLC Holding(s) in Company (3490U)

TIDMASTO TIDMUTL

RNS Number : 3490U

AssetCo PLC

27 March 2023

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BQ2K3557

Issuer Name

ASSETCO PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

Other

Comments

See additional information

3. Details of person subject to the notification obligation

Name

UIL Limited

City of registered office (if applicable)

Bermuda, Hamilton

Country of registered office (if applicable)

Bermuda

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

23-Mar-2023

6. Date on which Issuer notified

23-Mar-2023

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

 
                          % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                5.080000                0.000000                5.080000                7170960 
                        ======================  ======================  ======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable)            4.980000                0.000000                4.980000                7170960 
                        ======================  ======================  ======================  ====================== 
 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 
Class/Type of shares    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
ISIN code(if possible)  voting rights (DTR5.1)  voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
                                                (DTR5.2.1) 
GB00BQ2K3557               7170960                                         5.080000 
                        ======================  ======================  ======================  ====================== 
Sub Total 8.A              7170960                                         5.080000% 
                        ==============================================  ============================================== 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
Type of financial           Expiration date  Exercise/conversion period  Number of voting rights    % of voting rights 
instrument                                                               that may be acquired if 
                                                                         the instrument is 
                                                                         exercised/converted 
 
Sub Total 8.B1 
                            ===========================================  =========================  ================== 
 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
Type of financial   Expiration date  Exercise/conversion  Physical or cash     Number of voting     % of voting rights 
instrument                           period               settlement           rights 
 
Sub Total 8.B2 
                    =========================================================  ===================  ================== 
 

9. Information in relation to the person subject to the notification obligation

2. 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 entities (please add additional rows as necessary)

 
Ultimate controlling    Name of controlled       % of voting rights if   % of voting rights     Total of both if it 
person                  undertaking              it equals or is higher  through financial      equals or is higher 
                                                 than the notifiable     instruments if it      than the notifiable 
                                                 threshold               equals or is higher    threshold 
                                                                         than the notifiable 
                                                                         threshold 
   Somers Isle Private 
    Trust, Trustee of 
    HH Stephens No 1 
    Trust, 100% of 
    General Provincial 
    Life 
    Pension Fund 
    Limited (65.42% of 
    UIL Limited) and 
    100% of Union 
    Mutual Pension 
    fund Limited 
    (9.16% of UIL 
    Limited)               UIL Limited              5.080000                                       5.080000% 
                        =======================  ======================  =====================  ====================== 
 

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

On 17 October 2022, UIL Limited ("UIL") had a disclosure obligation when, due to an event changing the breakdown of voting rights (transaction in own shares), UIL's holding increased to 5.02%. However, due to an administrative oversight such notification was not made at that time. The holding stated above is the holding of UIL as at the date of this notification.

12. Date of Completion

23/03/2023

13. Place Of Completion

Bermuda

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March 27, 2023 09:02 ET (13:02 GMT)