Bank of Ireland Group PLC Notification of Major Holdings (8195O)

TIDMBIRG

RNS Number : 8195O

Bank of Ireland Group PLC

11 February 2021

Standard Form TR-1

S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the Central Bank of Ireland) 
 
 1. Identity of the issuer or the underlying issuer of existing shares 
  to which voting rights are attached: 
  Bank of Ireland Group Plc 
 2. Reason for the notification (please tick the appropriate box or boxes): 
  [X] An acquisition or disposal of voting rights 
  [ ] An acquisition or disposal of financial instruments 
  [] An event changing the breakdown of voting rights 
  [ ] Other (please specify): 
 3. Details of person subject to the notification obligation: 
 Name:                                         City and country of registered office (if 
  Marathon Asset Management                     applicable): 
  LLP                                           London, UK 
                                              ------------------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.): 
  See attached breakdown 
 5. Date on which the threshold was crossed or reached: 
  9(th) February 2021 
 6. Date on which issuer notified: 
  10(th) February 2021 
 7. Threshold(s) that is/are crossed or reached: 
  3% 
 8. Total positions of person(s) subject to the notification obligation: 
                           % of voting         % of voting rights   Total of both   Total number 
                            rights attached     through financial    in % (9.A +.    of voting rights 
                            to shares (total    instruments          9.B)            of issuer 
                            of 9.A)             (total of 9.B.1 
                                                + 9.B.2) 
                          ------------------  -------------------  --------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached               3.28                0                    3.28            1,078,822,872 
                          ------------------  -------------------  --------------  ------------------ 
 Position of 
  previous notification 
  (if applicable)          2.99                0                    2.99 
                          ------------------  -------------------  --------------  ------------------ 
 
 
 9. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached (i) : 
 A: Voting rights attached to shares 
 Class/type         Number of voting rights                             % of voting rights 
  of 
  shares 
  ISIN code (if 
  possible) 
 
                              Direct                   Indirect                    Direct                Indirect 
                                               ---------------------- 
 Ordinary Shares 
  IE00BD1RP616                                  35,338,894                                           3.28 
                                               ----------------------  ---------------------------  ---------------- 
 SUBTOTAL A                                     35,338,894                                           3.28 
                                               ----------------------  ---------------------------  ---------------- 
 
 B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations 
 Type of financial       Expiration     Exercise/                       Number of voting             % of voting 
  instrument              date           Conversion Period               rights that may              rights 
                                                                         be acquired if 
                                                                         the instrument 
                                                                         is exercised/converted. 
                        -------------  ------------------------------  ---------------------------  ---------------- 
 None 
                         --------------------------------------------  ---------------------------  ---------------- 
                          SUBTOTAL B.1 
                         --------------------------------------------  ---------------------------  ---------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Regulation 17(1)(b) of the Regulations 
 Type of            Expiration          Exercise/         Physical or              Number of         % of voting 
  financial          date                Conversion        cash settlement          voting rights     rights 
  instrument                             Period 
                   ------------------  ----------------  -----------------------  ---------------- 
 None 
                                               --------  -----------------------  ---------------- 
                                                          SUBTOTAL B.2 
                                                         -----------------------  ---------------- 
 
 
 
 10. Information in relation to the person subject to the notification 
  obligation (please tick the applicable box): 
 
  [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. 
 
  [] 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: 
 Name    % of voting rights          % of voting rights         Total of both if 
          if it equals or             through financial          it equals or is 
          is higher than the          instruments if it          higher than the 
          notifiable threshold        equals or is higher        notifiable threshold 
                                      than the notifiable 
                                      threshold 
        --------------------------  -------------------------  ------------------------- 
 
 
 11. In case of proxy voting: [name of the proxy holder] will cease to 
  hold [% and number] voting rights as of [date] 
 
 12. Additional information: 
  Breakdown of Holdings: 
   Custodian                    Nominal 
   Bank of America Merrill 
    Lynch                          372,484 
                               ----------- 
   Bank of New York Mellon       7,701,200 
                               ----------- 
   BNP Paribas                      25,947 
                               ----------- 
   Brown Brothers Harriman       1,908,009 
                               ----------- 
   JP Morgan Chase                 919,116 
                               ----------- 
   Northern Trust               15,772,342 
                               ----------- 
   State Street Bank & Trust 
    Company                     12,023,774 
                               ----------- 
   Total                        38,722,872 
                               ----------- 
 
 
  The shares referred to in this disclosure correspond to a number of funds 
  and accounts managed by portfolio managers under the control of Marathon 
  Asset Management LLP. The provided breakdown of holdings refer to the 
  total number of shares in the issuer controlled by Marathon Asset Management 
  LLP but the firm only has authority to vote in connection with 35,338,894 
  shares. 
 

Done at Dublin on 11 February 2021

Contact: Sarah McLaughlin, Group Secretary

Telephone: [phone]

.

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February 11, 2021 06:35 ET (11:35 GMT)