REG - Aston Martin Lagonda - Holding(s) in Company
RNS Number : 1061IAston Martin Lagonda Global Hld PLC09 December 2020TR-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:
9 December 2020
6. Date on which issuer notified (DD/MM/YYYY):
9 December 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
16.86%
N/A
16.86%
387,511,197
Position of previous notification (if
applicable)
17.24%
N/A
17.24%
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
sharesISIN 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
387,511,197
N/A
16.86%
SUBTOTAL 8. A
387,511,197
16.86%
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
datexExercise/
Conversion PeriodxiNumber 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
datexExercise/
Conversion Period xiPhysical 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
21.58%
N/A
21.58%
MSM Trust Corporation as trustee of
The Wellington Trust
16.86%
N/A
16.86%
Flair Investment
Holdings Limited
16.86%
N/A
16.86%
Elevage Limited
16.86%
N/A
16.86%
Yew Tree Overseas Limited
16.86%
N/A
16.86%
Securities Services Nominees Limited
18.35%
N/A
18.35%
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
Pursuant to the irrevocable undertaking given by Yew Tree Overseas Limited ("Yew Tree") on 27 October 2020, Yew Tree agreed to subscribe for 40,000,000 new ordinary shares (the "Placing Shares") to be issued by Aston Martin Lagonda Global Holdings plc ("AML") under the placing announced by AML on 27 October 2020 (the "Placing").
As set out in the announcement of the Placing published by AML on 27 October 2020, Yew Tree agreed to transfer approximately 21.87 per cent. of the Placing Shares to other members of the consortium of AML shareholders led by Yew Tree, being Saint James Invest SA, J.C.B. Research, RRRR Investments LLC, FrancInvest Holding Corporation, John Idol, Omega Funds I Limited and ErsteAM Ltd (the "Other Consortium Members"). The change in Yew Tree's indirect percentage holding of voting rights in AML detailed in this notification is as a result of these agreed transfers of part of the Placing Shares to the Other Consortium Members having taken place.
The Other Consortium Members have given personal undertakings to Lawrence Stroll that they will exercise the voting rights attaching to the shares in AML directly or indirectly held by them in accordance with Lawrence Stroll's instructions. Lawrence Stroll therefore indirectly holds the voting rights attaching to the shares in AML directly and indirectly held by the Other Consortium Members.
Securities Services Nominees Limited holds a number of AML shares 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
9 December 2020
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