REG-Fidelity Emerging Markets Ltd: Holding(s) in Company

Fidelity Emerging MarketsAnnouncement

03/04/2024 17:00

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GG00B4L0PD47

Issuer Name

Fidelity Emerging Markets Limited

UK or Non-UK Issuer

UK

2. Reason for Notification

An event changing the breakdown of voting rights

3. Details of person subject to the notification obligation

Name

Saba Capital Management, L.P.

City of registered office (if applicable)

New York

Country of registered office (if applicable)

United States

4. Details of the shareholder

 Name                                                       City of registered office  Country of registered office  
 Saba Capital Bluebird Fund, Ltd                                                       Cayman Islands                
 Saba Capital Income & Opportunities Fund                                              United States                 
 Saba Capital CEF Special Opportunities Master Fund 2, Ltd                             Cayman Islands                
 Saba Capital R Fund, Ltd                                                              Cayman Islands                
 Saba Capital Master Fund, Ltd                                                         Cayman Islands                

5. Date on which the threshold was crossed or reached

02-Apr-2024

6. Date on which Issuer notified

03-Apr-2024

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  
 Resulting situation on the date on which threshold was crossed or reached  1.948500                                              3.726000                                                                   5.674500                        4354517                                       
 Position of previous notification (if applicable)                          1.634500                                              3.126000                                                                   4.760500                                                                      

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)  
 GG00B4L0PD47                                 1495318                                  0                                            1.948500                            0.000000                                
 Sub Total 8.A                                1495318                                                                               1.948500%                                                                   

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is exercised/converted  % of voting rights  
                                                                                                                                                                                       
 Sub Total 8.B1                                                                                                                                                                        

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights  
 Total Return Swap             08/17/2024                                   Cash                         2859199                  3.726000            
 Sub Total 8.B2                                                                                          2859199                  3.726000%           

9. Information in relation to the person subject to the notification
obligation

2. 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 entities (please add additional
rows as necessary)

 Ultimate controlling person      Name of controlled undertaking   % 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  
 Boaz Weinstein                   Saba Capital Management GP, LLC                                                                                                                                                                                                                                                               
 Saba Capital Management GP, LLC  Saba Capital Management, LP                                                                                                                                                                                            5.674500%                                                              

10. In case of proxy voting

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

 

12. Date of Completion

03-Apr-2024

13. Place Of Completion

New York



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