REG - Boston International - Holding(s) in Company

Boston International HoldingsAnnouncement

09/04/2021 15:50

RNS Number : 0345V
  
Boston International Holdings PLC
  
09 April 2021
  
 

For immediate release
9 April 2021
Boston International Holdings plc
("BIH" or "the Company")
Holding(s) in Company
The Company announces that it has received the following TR-1 notification which is set out below without amendment.
 
For more information please contact:



Boston International Holdings Plc








Borden James


+44 (0) 7379 668 907














Beaumont Cornish Limited (Financial Adviser)








Roland Cornish


+44 (0) 20 7628 3396














Peterhouse Capital Limited (Broker)


+44 (0) 20 7469 0930




Lucy Williams / Duncan Vasey / Eran Zucker







 
 
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 attached ii: 


Boston International 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


X




An event changing the breakdown of voting rights








Other (please specify) iii:








3. Details of person subject to the notification obligation iv




Name


Boston Merchant (HK) Ltd




City and country of registered office (if applicable)


North Point, Hong Kong




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




Name


William Borden James




City and country of registered office (if applicable)


North Point, Honk Kong




5. Date on which the threshold was crossed or reached vi:


31 March 2021




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


9 April 2021




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


0%


21.78%


21.78%


9,571,428




Position of previous notification (if 
applicable)


26.14%


0%


26.14%
















 



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

shares
ISIN code (if possible)


Number of voting rights ix


% of voting rights




Direct
(DTR5.1)


Indirect
 (DTR5.2.1)


Direct
(DTR5.1)


Indirect
(DTR5.2.1)




GB00BD70S874
































































SUBTOTAL 8. A


0


0%




 
 




B 1: Financial Instruments according to DTR5.3.1R (1) (a)




Type of financial instrument


Expiration

date x


Exercise/

Conversion Period xi


Number of voting rights that may be acquired if the instrument is 
exercised/converted.


% of voting rights




Convertible Loan Note


30 March 2023


The earlier of (1) the publication of a prospectus which would cover the issue and allotment of the Ordinary Shares pursuant to the conversion of the Convertible Loan Notes; or (2) the completion of a reverse transaction and relisting of the Company onto a recognised stock exchange.


9,571,428


21.78%
























































SUBTOTAL 8. B 1


9,571,428


21.78%




 
 




B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)




Type of financial instrument


Expiration

date x


Exercise/

Conversion Period xi


Physical or cash 
Settlement xii


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) issuer xiii


X




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 (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 than the notifiable threshold


Total of both if it equals or is higher than the notifiable threshold




































































































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


North Point, Hong Kong




Date of completion


9 April 2021



 
 

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