Holding(s) in Company

ADVFN

24/04/2025 12:00

RNS Number : 0730G

ADVFN PLC

24 April 2025

 

For immediate release 

24 April 2025

ADVFN PLC

("ADVFN" or the "Company")

Holding(s) in Company

 

TR-1: Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS(to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:
ADVFN PLC - ISIN (GB00BPT24C10)
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
UK issuer
2. Reason for the notification(please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights
X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify) iii:
3. Details of person subject to the notification obligationiv
Name
Somers Limited
City and country of registered office (if applicable)
Hamilton, Bermuda
4. Full name of shareholder(s)(if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:
17 April 2025
6. Date on which issuer notified (DD/MM/YYYY):
23 April 2025
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 (8.A + 8.B)vii
Resulting situation on the date on which threshold was crossed or reached
5.660000
0.000000
5.660000
2,618,571
Position of previous notification (if
applicable)
N/A
N/A
N/A


 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of
 shares
ISIN code (if possible)
Number of voting rightsix
% of voting rights
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
Direct
(DTR5.1)
Indirect
(DTR5.2.1)
GB00BPT24C10
2,618,571
0.000000
5.660000
0.000000
SUBTOTAL 8. A
2,618,571
5.660000
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument
Expiration
 datex
Exercise/
 Conversion Periodxi
Number of voting rights that may be acquired if the instrument is
exercised/converted.
% of voting rights
SUBTOTAL 8. B 1
N/A
N/A
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument
Expiration
 datex
Exercise/
 Conversion Periodxi
Physical or cash
Settlementxii
Number of voting rights
% of voting rights
SUBTOTAL 8.B.2
N/A
N/A


 

9. Information in relation to the person subject to the notification obligation(please mark the
applicable box with an "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) issuerxiii
Fullchain 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 (please add additional rows as necessary)xiv
X
Namexv
% 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
Somers Isles Private Trust Company Limited; Trustee of HH Stephens No 1 Trust, holding 100% of General Provincial Life Pension Fund Limited, who hold 78.28% of UIL Limited and 59.38% of Somers Limited. UIL Limited who own 40.62% of Somers Limited
Somers Limited
5.660000
0.000000
5.660000
10.In case of proxy voting, please identify:
Name of the proxy holder
N/A
The number and % of voting rights held
N/A
The date until which the voting rights will be held
N/A
11. Additional informationxvi


 

Place of completion
Bermuda
Date of completion
23 April 2025

 

 

 

 

 

 

 

A copy of this announcement is available on the Company's website, at www.advfn.com

For further information please contact:                                                                   

ADVFN plc
Amit Tauman (CEO)
+44 (0) 203 8794 460
Beaumont Cornish Limited(Nominated Adviser)
Michael Cornish/ Roland Cornish
+44 (0) 207 628 3396
Peterhouse Capital Limited(Broker)
Eran Zucker/ Lucy Williams / Rose Greensmith
+44 (0) 207 469 0930

 

 

Beaumont Cornish Limited, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting as nominated adviser to the Company in relation to the matters referred herein. Beaumont Cornish Limited is acting exclusively for the Company and for no one else in relation to the matters described in this announcement and is not advising any other person and accordingly will not be responsible to anyone other than the Company for providing the protections afforded to clients of Beaumont Cornish Limited, or for providing advice in relation to the contents of this announcement or any matter referred to in it.

 

 

ENDS

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