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REG - Atalaya Mining PLC - Holding(s) in Company

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RNS Number : 3550H  Atalaya Mining PLC  05 April 2022

 

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                                                                                    ATALAYA MINING PLC
 which voting rights are attached (ii):
 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 obligation (iv)
 Name                                                                                                                                                         Hamblin Watsa Investment Counsel Ltd., as investment manager for the
                                                                                                                                                              shareholders detailed at 4 below.
 City and country of registered office (if applicable)
 4. Full name of shareholder(s) (if different from 3.) (v)
 Name                                                                                                                                                         Newline Insurance Company Limited

                                                                                                                                                              Brit Reinsurance (Bermuda) Limited

                                                                                                                                                              Brit Syndicates Limited

                                                                                                                                                              Odyssey Reinsurance Company
 City and country of registered office (if applicable)
 5. Date on which the threshold was crossed or reached (vi):                                                                                                  1 April 2022
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                               4 April 2022
 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 both in % (8.A + 8.B)  Total number of voting rights held in issuer (8.A + 8.B) (vii)

(total of 8.B 1 + 8.B 2)
 Resulting situation on the date on which threshold was crossed or reached  5.9%                                                                                                         5.9%                            8,251,795
 Position of previous notification (if

 applicable)

 

 8. 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 of                                     Number of voting rights (ix)                                              % of voting rights

shares

 ISIN code (if possible)
                                                   Direct                    Indirect                                        Direct                                           Indirect

                                                   (DTR5.1)                   (DTR5.2.1)                                     (DTR5.1)                                         (DTR5.2.1)
 Ordinary Shares (ISIN CY0106002112)               8,251,795                                                                 5.9%

 SUBTOTAL 8. A                                     8,251,795                                                                 5.9%

 B 1: Financial Instruments according to DTR5.3.1R (1) (a)
 Type of financial instrument                      Expiration  Exercise/                             Number of voting rights that may be acquired if the instrument is        % of voting rights

date (x)
Conversion Period (xi)

                                                                                                     exercised/converted.

                                                               SUBTOTAL 8. B 1

 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R
 (1) (b)
 Type of financial instrument  Expiration                      Exercise/                   Physical or cash                                          Number of voting rights  % of voting rights

date (x)
Conversion Period (xi)

                                                                                           Settlement (xii)

                                                                                           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) issuer (xiii)
 Full chain of controlled undertakings through which the voting rights and/or                                                                                                                                                                                                  X
 the

financial instruments are effectively held starting with the ultimate
 controlling natural person or legal entity (please add additional rows as
 necessary) (xiv)
 Name (xv)                                                                        % 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  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                                              than the notifiable threshold
 Fairfax Financial Holdings Limited                                               5.9%                                                                                                                                                    5.9%
 Hamblin Watsa Investment Counsel Ltd. (a wholly owned subsidiary of Fairfax      5.9%                                                                                                                                                    5.9%
 Financial Holdings Limited which acts as investment manager for each of
 Newline Insurance Company Limited, Brit Reinsurance (Bermuda) Limited, Brit
 Syndicates Limited and Odyssey Reinsurance Company (the ''Shareholders'') and,
 pursuant to investment agreements with each of the Shareholders, has control
 and discretion over the voting rights attaching to the ordinary shares of
 Atalaya Mining Plc owned by the

 Shareholders. Each of the Shareholders is a direct or indirect subsidiary of
 Fairfax

 Financial Holdings Limited.)

 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 information (xvi)

 

 Place of completion  London, United Kingdom
 Date of completion   4 April 2022

 

 

 

 

 

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