ALTYN PLC: Standard form for notification of major holdings

TIDMALTN 
 
 

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 attached(ii) 
:                               Altyn PLC 
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 
An acquisition or disposal of financial instruments 
An event changing the breakdown of voting rights                 X 
Other (please specify)(iii) : 
3. Details of person subject to the notification obligation(iv) 
Name                            Joshua Rowe 
City and country of registered 
office (if applicable)          Manchester, UK 
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 reached(vi) :    20(th) Oct 2020 
6. Date on which issuer 
notified (DD/MM/YYYY): 
7. Total positions of person(s) subject to the notification obligation 
                                % of voting 
                                rights 
               % of voting      through 
               rights attached  financial                        Total number 
               to shares        instruments                      of voting 
               (total of 8.     (total of 8.B  Total of both in  rights of 
               A)               1 + 8.B 2)     % (8.A + 8.B)     issuer(vii) 
Resulting 
 situation on 
 the date on 
 which 
 threshold 
 was crossed 
 or reached    2.85%                                             2,733,293,311 
Position of 
 previous 
 notification 
 (if 
 applicable)   3.03% 
 
 
 
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached(viii) 
 
A: Voting rights attached to shares 
Class/type of 
shares ISIN 
code (if 
possible)        Number of voting rights(ix)                % of voting rights 
                 Direct (Art 9 of     Indirect (Art 10 of                                         Indirect (Art 10 of 
                 Directive            Directive                                                   Directive 
                 2004/109/EC)         2004/109/EC)          Direct (Art 9 of Directive            2004/109/EC) 
                 (DTR5.1)             (DTR5.2.1)            2004/109/EC) (DTR5.1)                 (DTR5.2.1) 
GB00B015PT76     77,823,055                                 2.85% 
 
 
SUBTOTAL 8. A 
 
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) 
 
Type of          Expiration           Exercise/ Conversion  Number of voting rights that may be   % of voting rights 
 financial        date(x)             Period(xi)            acquired if the instrument is 
 instrument                                                 exercised/converted. 
 
 
 
                                      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         Expiration            Exercise/ Conversion  Physical or      Number of voting     % of voting rights 
 financial       date(x)              Period (xi)           cash             rights 
 instrument                                                 settlement(xii) 
 
 
 
                                                            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) 
issuer(xiii) 
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 entity(xiv) (please add 
additional rows as necessary) 
Name(xv)  % of voting rights if  % of voting rights    Total of both if it 
          it equals or is        through financial     equals or is higher 
          higher than the        instruments if it     than the notifiable 
          notifiable threshold   equals or is higher   threshold 
                                 than the notifiable 
                                 threshold 
 
 
 
 
 
 
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 information(xvi) 
 
 
 
 
Place of completion  Manchester, UK 
Date of completion   20(th) October 2020 
 
 
Annex: Notification of major holdings (to be filed with the FCA only) 
 
A: Identity of the person subject to the notification obligation 
Full name (including legal form for legal entities) 
Contact address (registered office for legal entities) 
E-Mail 
Phone number / Fax number 
Other useful information 
 (at least legal representative for legal persons) 
 
B: Identity of the notifier, if applicable 
Full name 
Contact address 
E-Mail 
Phone number / Fax number 
Other useful information (e.g. functional relationship with the person or 
legal entity subject to the notification obligation) 
 
C: Additional information 
 
 
 

Please send the completed form together with this annex to the FCA at the following email

address: [e-mail]. Please send in Microsoft Word format if possible.

Notes

(i) Please note that national forms may vary due to specific national legislation (Article 3(1a) of Directive 2004/109/EC) as for instance the applicable thresholds or information regarding capital holdings.

(ii) Full name of the legal entity and further specification of the issuer or underlying issuer, provided it is reliable and accurate (e.g. address, LEI, domestic number identity). Indicate in the relevant section whether the issuer is a non UK issuer.

(iii) Other reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding (e.g. expiring of financial instruments) or acting in concert.

(iv) This should be the full name of (a) the shareholder; (b) the natural person or legal entity acquiring, disposing of or exercising voting rights in the cases provided for in DTR5.2.1 (b) to (h)/ Article 10 (b) to (h) of Directive 2004/109/EC; (c) all parties to the agreement referred to in Article 10 (a) of Directive 2004/109/EC (DTR5.2.1 (a)) or (d) the holder of financial instruments referred to in Article 13(1) of Directive 2004/109/EC (DTR5.3.1).

As the disclosure of cases of acting in concert may vary due to the specific circumstances (e.g. same or different total positions of the parties, entering or exiting of acting in concert by a single party) the standard form does not provide for a specific method how to notify cases of acting in concert.

In relation to the transactions referred to in points (b) to (h) of Article 10 of Directive 2004/109/EC (DTR5.2.1 (b) to (h)), the following list is provided as indication of the persons who should be mentioned:

- in the circumstances foreseen in letter (b) of Article 10 of that Directive (DTR5.2.1 (b)), the natural person or legal entity that acquires the voting rights and is entitled to exercise them under the agreement and the natural person or legal entity who is transferring temporarily for consideration the voting rights;

- in the circumstances foreseen in letter (c) of Article 10 of that Directive (DTR5.2.1 (c)), the natural person or legal entity holding the collateral, provided the person or entity controls the voting rights and declares its intention of exercising them, and natural person or legal entity lodging the collateral under these conditions;

- in the circumstances foreseen in letter (d) of Article 10 of that Directive (DTR5.2.1 (d)), the natural person or legal entity who has a life interest in shares if that person or entity is entitled to exercise the voting rights attached to the shares and the natural person or legal entity who is disposing of the voting rights when the life interest is created;

- in the circumstances foreseen in letter (e) of Article 10 of that Directive (DTR5.2.1 (e)), the controlling natural person or legal entity and, provided it has a notification duty at an individual level under Article 9 (DTR 5.1), under letters (a) to (d) of Article 10 of that Directive (DTR5.2.1 (a) to (d)) or under a combination of any of those situations, the controlled undertaking;

- in the circumstances foreseen in letter (f) of Article 10 of that Directive (DTR5.2.1 (f)), the deposit taker of the shares, if he can exercise the voting rights attached to the shares deposited with him at his discretion, and the depositor of the shares allowing the deposit taker to exercise the voting rights at his discretion;

- in the circumstances foreseen in letter (g) of Article 10 of that Directive (DTR5.2.1 (g)), the natural person or legal entity that controls the voting rights;

- in the circumstances foreseen in letter (h) of Article 10 of that Directive (DTR5.2.1 (h)), the proxy holder, if he can exercise the voting rights at his discretion, and the shareholder who has given his proxy to the proxy holder allowing the latter to exercise the voting rights at his discretion (e.g. management companies).

(v) Applicable in the cases provided for in Article 10 (b) to (h) of Directive 2004/109/EC (DTR5.2.1 (b) to (h). This should be the full name of the shareholder who is the counterparty to the natural person or legal entity referred to in Article 10 of that Directive (DTR5.2) unless the percentage of voting rights held by the shareholder is lower than the lowest notifiable threshold for the disclosure of voting rights holdings in accordance with national practices (e.g. identification of funds managed by management companies).

(vi) The date on which threshold is crossed or reached should be the date on which the acquisition or disposal took place or the other reason triggered the notification obligation. For passive crossings, the date when the corporate event took effect.

(vii) The total number of voting rights shall be composed of all the shares, including depository receipts representing shares, to which voting rights are attached even if the exercise thereof is suspended.

(viii) If the holding has fallen below the lowest applicable threshold in accordance with national law, please note that it might not be necessary in accordance with national law to disclose the extent of the holding, only that the new holding is below that threshold.

(ix) In case of combined holdings of shares with voting rights attached "direct holding" and voting rights "indirect holding", please split the voting rights number and percentage into the direct and indirect columns -- if there is no combined holdings, please leave the relevant box blank.

(x) Date of maturity/expiration of the financial instrument i.e. the date when right to acquire shares ends.

(xi) If the financial instrument has such a period -- please specify this period -- for example once every 3 months starting from [date].

(xii) In case of cash settled instruments the number and percentages of voting rights is to be presented on a delta-adjusted basis (Article 13(1a) of Directive 2004/109/EC) (DTR 5.3.3.A).

(xiii) If the person subject to the notification obligation is either controlled and/or does control another undertaking then the second option applies.

(xiv) The full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity has to be presented also in the cases, in which only on subsidiary level a threshold is crossed or reached and the subsidiary undertaking discloses the notification as only thus the markets get always the full picture of the group holdings. In case of multiple chains through which the voting rights and/or financial instruments are effectively held the chains have to be presented chain by chain leaving a row free between different chains (e.g.: A, B, C, free row, A, B, D, free row, A, E, F etc.).

(xv) The names of controlled undertakings through which the voting rights and/or financial instruments are effectively held have to be presented irrespectively whether the controlled undertakings cross or reach the lowest applicable threshold themselves.

(xvi) Example: Correction of a previous notification.

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    SOURCE: Altyn Plc 
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October 22, 2020 10:04 ET (14:04 GMT)