Volta Finance Limited: Holdings in Company

    Volta Finance Limited: Holdings in Company 

Volta Finance Limited (VTA / VTAS) – Notification of Major Interests in Shares

***** Guernsey, 12 October 2018

Notification of Major Interests in Shares

The Company announces that it has received the following TR-1 Notification which is set out below.

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:			Volta Finance Limited
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an “X” if appropriate)
Non-UK issuer						X
2. Reason for the notification (please mark the appropriate box or boxes with an “X”)
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name			AXA S.A.
City and country of registered office (if applicable)			Paris
4. Full name of shareholder(s) (if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:			08th October 2018
6. Date on which issuer notified (DD/MM/YYYY):			11th October 2018
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached	30.24%	N/A		30.24%	36,571,162
Position of previous notification (if applicable)	27.37%	N/A		27.37%

 

8. 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 sharesISIN code (if possible)		Number of voting rightsix					% of voting rights
		Direct(Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect(Art 10 of Directive 2004/109/EC) (DTR5.2.1)			Direct(Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GG00B1GHHH78		8,050,072		3,009,988			22.01%		8.23%
SUBTOTAL 8. A		11,060,060					30.24%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
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 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration datex		Exercise/ Conversion Period xi		Physical or cash settlementxii			Number of voting rights	% of voting rights
					SUBTOTAL 8.B.2

 

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “X”)
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) issuerxiii
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 (please add additional rows as necessary)				X
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
AXA S.A.	30.24%		30.24%
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional informationxvi
This TR-1 notification is provided in addition to the notification made on 11th October to the Netherlands Authority for the Financial Markets (AFM) in accordance with Part 5.3.3 of the Financial Supervision Act (Wet op het financieel toezicht).This TR-1 notification is therefore made for the purposes of providing a more direct information to shareholders of the Issuer considering the fact that the Issuer's ordinary shares are listed on the premium segment of the Official List of the UK Listing Authority and are admitted to trading on the Main Market of the London Stock Exchange.

 

Place of completion	Paris, La Défense
Date of completion	11th October 2018

For further information, please contact:

Company Secretary and Portfolio AdministratorSanne Group (Guernsey) [e-mail][phone]

Corporate BrokerCenkos Securities plcSapna ShahAndrew Worne+44 (0) 20 7397 8900

For the Investment ManagerAXA Investment Managers ParisSerge [e-mail][phone]

***** ABOUT VOLTA FINANCE LIMITEDLegal Entity Identification code (LEI): 2138004N6QDNAZ2V3W80

Volta Finance Limited is incorporated in Guernsey under The Companies (Guernsey) Law, 2008 (as amended) and listed on Euronext Amsterdam and the London Stock Exchange's Main Market for listed securities. Volta’s home member state for the purposes of the EU Transparency Directive is the Netherlands. As such, Volta is subject to regulation and supervision by the AFM, being the regulator for financial markets in the Netherlands.

Volta’s investment objectives are to preserve capital across the credit cycle and to provide a stable stream of income to its shareholders through dividends. Volta seeks to attain its investment objectives predominantly through diversified investments in structured finance assets. The assets that the Company may invest in either directly or indirectly include, but are not limited to: corporate credits; sovereign and quasi-sovereign debt; residential mortgage loans; and, automobile loans. The Company’s approach to investment is through vehicles and arrangements that essentially provide leveraged exposure to portfolios of such underlying assets. The Company has appointed AXA Investment Managers Paris an investment management company with a division specialised in structured credit, for the investment management of all its assets.

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ABOUT AXA INVESTMENT MANAGERSAXA Investment Managers (AXA IM) is a multi-expert asset management company within the AXA Group, a global leader in financial protection and wealth management. AXA IM is one of the largest European-based asset managers with €717 billion in assets under management as of the end of December 2016. AXA IM employs approximately 2,420 people around the world.

Past performance cannot be relied on as a guide to future performance.