REG - Aston Martin Lagonda - Holding(s) in Company

Aston Martin Lagonda Global HoldingsAnnouncement

17/04/2020 14:15

RNS Number : 0808K
  
Aston Martin Lagonda Global Hld PLC
  
17 April 2020
  
 

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)i










1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: 


Aston Martin Lagonda Global Holdings plc




1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)




Non-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


Yew Tree Overseas Limited




City and country of registered office (if applicable)


Tortola, British Virgin Islands




4. Full name of shareholder(s) (if different from 3.)v




Name


Securities Services Nominees Limited




City and country of registered office (if applicable)


London, United Kingdom




5. Date on which the threshold was crossed or reachedvi:


15 April 2020




6. Date on which issuer notified (DD/MM/YYYY):


17 April 2020




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 of issuervii




Resulting situation on the date on which threshold was crossed or reached


21.76%


N/A


21.76%


66,144,930




Position of previous notification (if 
applicable)


24.99%


N/A


24.99%
















 



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
(Art 9 of Directive 2004/109/EC) (DTR5.1)


Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)


Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)


Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)




GB00BFXZC448


N/A


66,144,930


N/A


21.76%
















































SUBTOTAL 8. A


66,144,930


21.76%




 
 




B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (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












 
 




B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))




Type of financial instrument


Expiration

datex


Exercise/

Conversion Period xi


Physical or cash 
settlementxii


Number of voting rights 


% of voting rights






























































































SUBTOTAL 8.B.2












 
 
 















 



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








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 entityxiv (please add additional rows as necessary)


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




Lawrence Stroll


24.99%


N/A


24.99%




MSM Trust Corporation as trustee of 
The Wellington Trust


21.76%


N/A


21.76%




Flair Investment 
Holdings Limited


21.76%


N/A


21.76%




Elevage Limited


21.76%


N/A


21.76%




Yew Tree Overseas Limited


21.76%


N/A


21.76%




Securities Services Nominees Limited


22.43%


N/A


22.43%










10. In case of proxy voting, please identify:




Name of the proxy holder








The number and % of voting rights held








The date until which the voting rights will be held














11. Additional informationxvi




Under the terms of an agreement between Yew Tree Overseas Limited ("Yew Tree") and a number of other persons who hold shares in the issuer (the "Consortium Members") dated 27 February 2020 (the "Consortium Agreement"), the Consortium Members agreed to exercise the voting rights attaching to the shares in the issuer held by them in accordance with Yew Tree's written instructions. For the purposes of DTR 5.2.1(a), Yew Tree therefore indirectly held the voting rights attaching to the shares in the issuer held by the other Consortium Members. 
 
The Consortium Agreement was terminated on 15 April 2020 and the ultimate beneficial owners of each Consortium Member (or, in some cases, the Consortium Members themselves) have instead given undertakings to Lawrence Stroll that they will exercise the voting rights attaching to the shares in the issuer directly or indirectly held by them in accordance with Lawrence Stroll's instructions. Lawrence Stroll therefore continues to indirectly hold the voting rights attaching to the shares in the issuer directly and indirectly held by the other Consortium Members, but, following the termination of the Consortium Agreement, Yew Tree no longer indirectly holds any voting rights attaching to shares in the issuer directly or indirectly held by other Consortium Members.
 
Securities Services Nominees Limited holds a number of shares in the issuer as nominee for other shareholders in addition to the shares it holds in its capacity as nominee for Yew Tree, hence the discrepancy between the percentages of voting rights held by Securities Services Nominees Limited and Yew Tree in Box 9 above.
 










 



Place of completion


London, United Kingdom




Date of completion


17 April 2020



 


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