Bank of Ireland Group PLC Notification of Major Holdings (1225O)

TIDMBIRG

RNS Number : 1225O

Bank of Ireland Group PLC

08 June 2022

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 (" BOIG 
  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 
  Minister for Finance of Ireland               applicable): 
  National Treasury Management                  Minister for Finance of Ireland: Government 
  Agency                                        Buildings, Upper Merrion Street, Dublin 2 
  (the " NTMA ") (as controller                 DO2 R583, Ireland 
  and manager of 
  Ireland Strategic Investment 
  Fund (the                                     NTMA: Treasury Dock, North Wall Quay, Dublin 
  " ISIF "))                                    1, D01 A9T8, Ireland 
 
  See Additional Information 
  set out at Section 12 below. 
                                              ------------------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.) 
 5. Date on which the threshold was crossed or reached: 
  06/06/2022 
 6. Date on which issuer notified: 
  07/06/2022 
 7. Threshold(s) that is/are crossed or reached: 
  The percentage of voting rights in BOIG plc owned by the Minister through 
  the ISIF has decreased from 3.996% to 2.956%. The percentage of voting 
  rights in BOIG plc owned by the Minister through the ISIF has fallen 
  below 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               2.956%              N/A                  2.956%          1,070,326,651 
                          ------------------  -------------------  --------------  ------------------ 
 Position of 
  previous notification 
  (if applicable)          3.996%              N/A                  3.996% 
                          ------------------  -------------------  --------------  ------------------ 
 
 
 9. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached: 
 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    NIL                       31,643,508            NIL                  2.956% 
  of EUR1.00 
  (ISIN: 
  IE00BD1RP616) 
                                             --------------------  -------------------  ------------------------------ 
 
 
 SUBTOTAL A                                    31,643,508                                2.956% 
                                             --------------------  -------------------  ------------------------------ 
 
 B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations 
 Type of financial       Expiration    Exercise/                    Number of voting rights that may   % of voting 
  instrument              date          Conversion Period           be acquired if the instrument is    rights 
                                                                    exercised/converted. 
                        ------------  ---------------------------  ---------------------------------  ---------------- 
 N/A                     N/A           N/A                          N/A                                N/A 
                        ------------  ---------------------------  ---------------------------------  ---------------- 
 
 
                          SUBTOTAL B.1                              N/A                                N/A 
                         ----------------------------------------  ---------------------------------  ---------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Regulation 17(1)(b) of the Regulations 
 Type of            Expiration         Exercise/           Physical              Number                % of voting 
  financial          date               Conversion          or cash settlement    of voting             rights 
  instrument                            Period                                    rights 
                   -----------------  ------------------  --------------------  -------------------- 
 N/A                N/A                N/A                 N/A                   N/A                   N/A 
                   -----------------  ------------------  --------------------  -------------------- 
 
 
                                                           SUBTOTAL              N/A                   N/A 
                                                            B.2 
                                                          --------------------  -------------------- 
 
 
 
 10. Information in relation to the person subject to the notification 
  obligation (please tick the applicable box): 
 
  [ ] 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. 
 
  [X] 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 
                        ----------------------  ---------------------  ---------------------- 
 NTMA as controller 
  and manager of ISIF    2.956%                  NIL                    2.956% 
                        ----------------------  ---------------------  ---------------------- 
 
 In so far as directed investments (as such term is defined in the National 
  Treasury Management Agency (Amendment) Act 2014) are concerned, the NTMA 
  is a "controlled undertaking" of the Minister for Finance for the purposes 
  of the Transparency (Directive 2004/109/EC) Regulations 2007 as amended. 
 
 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: 
  The ordinary shares in the capital of BOIG plc which are the subject 
  of this notification ("Shares") comprise assets of the ISIF. Under the 
  National Treasury Management Agency (Amendment) Act 2014 (as amended) 
  (the "2014 Act"), ISIF is controlled and managed by the NTMA. The NTMA 
  (as controller and manager of ISIF) deals with those Shares which are 
  a directed investment in accordance with directions in writing given 
  to it by the Minister from time to time. Ownership of the ISIF vests 
  in the Minister under the 2014 Act. The Shares are held via BNY Mellon 
  SA/NV (as custodian of the NTMA (as controller and manager of ISIF)). 
 

Done at Dublin on 08 June 2022

Contact: Sarah McLaughlin, Group Secretary

Telephone: [phone] ext. 48577

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June 08, 2022 02:01 ET (06:01 GMT)