Dar Global PLC Holding(s) in Company

RNS Number : 6287X

Dar Global PLC

24 July 2024

 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BQXNJY41

Issuer Name

DAR GLOBAL PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

Other

Comments

Pledging of shares over the indirectly controlled ordinary shares held in the capital of the DAR GLOBAL PLC

3. Details of person subject to the notification obligation

Name

Dar Al Arkan Real Estate Development Company PJSC

City of registered office (if applicable)

Riyadh

Country of registered office (if applicable)

Kingdom of Saudi Arabia

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

 

6. Date on which Issuer notified

24-Jul-2024

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 held in issuer
Resulting situation on the date on which threshold was crossed or reached	87.990000	0.000000	87.990000	158400000
Position of previous notification (if applicable)	87.990000	0.000000	87.990000

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 ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
GB00BQXNJY41	158400000	0	87.990000	0.000000
Sub Total 8.A	158400000		87.990000%

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

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

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

Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting 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 person	Name of controlled undertaking	% 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
Dar Alarkan Real Estate Development Company PSJC	Dar Alarkan Global Investment LLC	87.990000	0.000000	87.990000%

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

Dar Al Arkan Global Investment LLC (formerly Dar Al Arkan Global Real Estate Development LLC) is the direct beneficial holder of the specified shares and voting rights in Dar Global Plc. Dar Al Arkan Global Investment LLC is wholly-owned by Dar Al Arkan Real Estate Development Company PJSC. Dar Al Arkan Real Estate Development Company PJSC makes this notification on behalf of itself and Dar Al Arkan Global Investment LLC.

12. Date of Completion

24-Jul-2024

13. Place Of Completion

Riyadh

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