Greencoat Renewables PLC Holding(s) in Company (5059V)

TIDMGRP

RNS Number : 5059V

Greencoat Renewables PLC

09 April 2019

Standard Form TR-1

Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer) 
 
 1. Identity of the issuer or the underlying issuer of existing shares 
  to which voting rights are attached(ii) : 
  Greencoat Renewables PLC ("GRP") 
 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 
  National Treasury Management                  applicable): 
  Agency                                        Treasury Building, Grand Canal Street, Dublin 
  (the "NTMA")                                  2, Ireland, 
  Ireland Strategic Investment                  D02 XN96 
  Fund (the 
  "ISIF") 
  Minister for Finance of Ireland 
                                              ------------------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.)(v) : 
  National Treasury Management Agency, as controller and manager of the 
  Ireland Strategic Investment 
  Fund 
 5. Date on which the threshold was crossed or reached(vi) : 
  29(th) March 2019 
 6. Date on which issuer notified: 
  2(nd) April 2019 
 7. Threshold(s) that is/are crossed or reached: 
  The NTMA's' percentage of voting rights in GRP has decreased from 20% 
  to 14.6%/ Each 1% 
  threshold from 20% down to 14% has been crossed. 
 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               14.6%               0%                   14.6%           520,000,000 
                          ------------------  -------------------  --------------  ------------------ 
 Position of 
  previous notification 
  (if applicable)          20%                 0%                   20%             380,000,000 
                          ------------------  -------------------  --------------  ------------------ 
 
 
 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 
                                           --------------------------- 
 Ordinary 
  shares         NIL                        76,000,000                   NIL                        14.6% 
                -------------------------  ---------------------------  -------------------------  ----------------- 
 
 
 SUBTOTAL A      NIL                        76,000,000                   NIL                        14.6% 
                -------------------------  ---------------------------  -------------------------  ----------------- 
 
 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(xi)               rights that may            rights 
                                                                          be acquired if 
                                                                          the instrument 
                                                                          is 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 or                Number of      % of voting 
  financial       date(x)             Conversion           cash settlement(xii)      voting          rights 
  instrument                          Period (xi)                                    rights 
                ------------------  -------------------  -------------------------  ------------- 
 N/A             N/A                 N/A                  N/A                        N/A            N/A 
                ------------------  -------------------  -------------------------  ------------- 
                                                          SUBTOTAL B.2               N/A            N/A 
                                                         -------------------------  ------------- 
 
 
 
 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) 
 
  [ ] 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 
                      ----------------------  ---------------------  ---------------------- 
 NTMA as controller 
  and 
  manager of ISIF      14.6%                   0%                     14.6% 
                      ----------------------  ---------------------  ---------------------- 
 
 
 
 
 
 11. In case of proxy voting: [name of the proxy holder] will cease to 
  hold [% and number] voting rights as of [date] 
  N/A 
 
 12. Additional information(xvi) : 
  Ordinary shares of Greencoat Renewables PLC owned indirectly by the NTMA, 
  as controller and manager of the ISIF, is held in the name of BNY Custodial 
  Nominees (Ireland) Limited (Participant AI0A1). . 
 

Done at Dublin on 2(nd) April 2019.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

END

HOLUWSKRKBASRAR

(END) Dow Jones Newswires

April 09, 2019 03:00 ET (07:00 GMT)