Glenveagh Properties PLC Holding(s) in Company (8918C)

TIDMGLV

RNS Number : 8918C

Glenveagh Properties PLC

23 June 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) (i) 
 
 1. Identity of the issuer or the underlying issuer of existing shares 
  to which voting rights are attached (ii) : 
  Glenveagh Properties Plc 
 2. Reason for the notification (please tick the appropriate box or boxes): 
  [ ] An acquisition or disposal of voting rights 
  [ ] An acquisition or disposal of financial instruments 
  [X] An event changing the breakdown of voting rights 
  [ ] Other (please specify)(iii) : 
 3. Details of person subject to the notification obligation (iv) : 
 Name:                                          City and country of registered office (if 
  Helikon Investments Limited                    applicable): 
                                                 London, United Kingdom 
                                               ------------------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.)(v) : 
 5. Date on which the threshold was crossed or reached (vi) : 
  15(th) June 2021 
 6. Date on which issuer notified: 
  23(rd) June 2021 
 7. Threshold(s) that is/are crossed or reached: 
  9% 
 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(vii) 
                            of 9.A)              (total of 9.B.1 
                                                 + 9.B.2) 
                          -------------------  -------------------  --------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                                    9.02%                9.02%           858,823,399 
                                               -------------------  --------------  ------------------ 
 Position of 
  previous notification 
  (if applicable)                               8.09%                8.09% 
                                               -------------------  --------------  ------------------ 
 
 
 9. 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       Number of voting rights (ix)                            % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
 
                            Direct                     Indirect                     Direct               Indirect 
                                            --------------------------- 
 IE00BD6JX574 
                 -------------------------  ---------------------------  -------------------------  ---------------- 
 
 
 SUBTOTAL A 
                 -------------------------  ---------------------------  -------------------------  ---------------- 
 
 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 (x)       Conversion Period                   rights that may            rights 
                                       (xi)                                be acquired if 
                                                                           the instrument 
                                                                           is exercised/converted. 
                      -------------  ----------------------------------  -------------------------  ---------------- 
 
 
 
                                      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                     Number of     % of voting 
 financial         date (x)            Conversion          or cash settlement          voting         rights 
 instrument                            Period (xi)         (xii)                       rights 
                 ------------------  ------------------  ---------------------------  ------------ 
 Cash-settled     30 April 
  Equity Swap      2024               30 April 2024       Cash                         38,716,719    4.51% 
                 ------------------  ------------------  ---------------------------  ------------ 
 Cash-settled     02 March 
  Equity Swap      2023               02 March 2023       Cash                         38,705,899    4.51% 
                 ------------------  ------------------  ---------------------------  ------------ 
 
                                          SUBTOTAL B.2                                 77,422,618    9.02% 
                                         ---------------------------                  ------------ 
 
 
 
 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. (xiii) 
 
  [ 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 (xiv) : 
 Name (xv)              % 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 
                       -----------------------  ---------------------  ---------------------- 
 Helikon Long Short 
  Equity Fund Master 
  ICAV                                           9.02%                  9.02% 
                                                ---------------------  ---------------------- 
 
 
 
 
 
 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 (xvi) : 
  Reduction in issued share capital triggering the threshold 
 

Done at London on 23(rd) June 2021.

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June 23, 2021 10:26 ET (14:26 GMT)