REG-Grand City Properties S.A. Grand City Properties S.A. notification of a change in major holdings pursuant to the modified law and grand-ducal regulation of 11 January 2008 on transparency requirements for issuers of securities

Grand City Properties SAAnnouncement

14/04/2022 17:00

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 Grand City Properties S.A. (IRSH)
 Grand City Properties S.A. notification of a change in major holdings pursuant
 to the modified law and grand-ducal regulation of 11 January 2008 on
 transparency requirements for issuers of securities

 14-Apr-2022 / 17:55 CET/CEST
 Dissemination of a Regulatory Announcement, transmitted by EQS Group.
 The issuer is solely responsible for the content of this announcement.

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 ANNEX A: Standard form for notification of major holdings

    Form to be used for the purposes of notifying a change in major holdings
  pursuant to the amended law and Grand-ducal Regulation of 11 January 2008 on
  transparency requirements for issuers (referred to as 'the Transparency Law'
                       and 'the Transparency Regulation')

  

 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
 CSSF)i
  
 1. Identity of the issuer or the underlying issuer of existing shares to which
 voting rights are attachedii:
 Name: Grand City Properties S.A., 1 Avenue du Bois, 1251 Luxembourg, RCS
 Luxembourg B 165560

 LEI: 5299002QLUYKK2WBMB18
 2. Reason for the notification (please tick the appropriate box or boxes):

  X  An acquisition or disposal of voting rights
 [ ] 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:                             City and country of registered office (if
                                   applicable):
 Aroundtown SA                     Luxembourg, Grand Duchy of Luxembourg
 4. Full name of shareholder(s) (if different from 3.)v:
 N/A                                                              
 5. Date on which the threshold was crossed or     14/04/2022     
 reachedvi:
 6. Total positions of person(s) subject to the notification obligation:
                      % of voting    % of voting   Total of both Total number of
                        rights     rights through  in % (7.A +   voting rights
                      attached to     financial    7.B)          of issuervii
                     shares (total   instruments
                        of 7.A)    (total of 7.B.1
                                      + 7.B.2)
 Resulting situation        50.04%               %        50.04% 176,187,899
 on the date on
 which threshold was
 crossed or reached
 Position of               35.95 %               %        35.95%  
 previous
 notification (if
 applicable)

  

  

  

 7. 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   Number of voting rightsix               % of voting rights
 of shares         Direct             Indirect           Direct       Indirect
 ISIN code
 (if           (Art. 8 of the      (Art. 9 of the      (Art. 8 of    (Art. 9 of
 possible)    Transparency Law)   Transparency Law)        the          the
                                                      Transparency  Transparency
                                                          Law)          Law)
 LU0775917882    88,159,945                                  50.04%            %
                                                                  %            %
                                                                  %            %
 SUBTOTAL A                                88,159,945                     50.04%
 (Direct &
 Indirect)
  
 B 1: Financial Instruments according to Art. 12(1)(a) of the Transparency Law
 Type of       Expiration Exercise/ Conversion        Number of voting  % of
 financial     datex      Periodxi                    rights that may   voting
 instrument                                           be acquired if    rights
                                                      the instrument is
                                                      exercised/
                                                      converted.
                                                                           %
                                                                           %
                                                                           %
                          SUBTOTAL B.1                                     %
  
 B 2: Financial Instruments with similar economic effect according to Art.
 12(1)(b) of the Transparency Law
 Type of     Expiration   Exercise/        Physical or cash     Number   % of
 financial   datex        Conversion       settlementxii        of       voting
 instrument               Periodxi                              voting   rights
                                                                rights
                                                                               %
                                                                               %
                                                                               %
                                           SUBTOTAL B.2                        %
                                                                          

  

  

  

 8. Information in relation to the person subject to the notification
 obligation:

 (please tick the applicable box)

 [ ] 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 entityxiv (please provide a
 separate organisational chart in case of a complex structure):
 N     Namexv     % of voting rights  % of voting rights Total of    Directly
                   held by ultimate   through financial  both     controlled by
                  controlling person   instruments held           (use number(s)
                   or entity or held     by ultimate                from 1^st
                    directly by any   controlling person             column)
                   subsidiary if it   or entity or held
                  equals or is higher  directly by any
                  than the notifiable  subsidiary if it
                       threshold         equals or is
                                       higher than the
                                          notifiable
                                          threshold
 1 Aroundtown SA                                                         
 2 Edolaxia Group              50.04%                     50.04%        1
      Limited
                                                                   
                                                                   
                                                                   

  

 9. In case of proxy voting:

 The proxy holder named will cease to hold % and number of voting rights as of .
  
 10. Additional informationxvi:                                                 

 Edolaxia Group ltd is a subsidiary of Aroundtown SA

 The previous notification of major holdings by the above mentioned parties
 was on 11/05/2017

  

 Done at Luxembourg On 14/04/2022

  

  

 Notes

 i Please note that national forms may vary due to specific national legislation
 (Article 3(1a) of Directive 2004/109/EC) as for instance the applicable
 thresholds or information regarding capital holdings.

 ii Full name of the legal entity and further specification of the issuer or
 underlying issuer, provided it is reliable and accurate (e.g. address, LEI,
 domestic number identity).

 iii Other reason for the notification could be voluntary notifications, changes
 of attribution of the nature of the holding (e.g. expiring of financial
 instruments) or acting in concert.

 iv This should be the full name of (a) the shareholder; (b) the natural person
 or legal entity acquiring, disposing of or exercising voting rights in the
 cases provided for in Article 9 (b) to (h) of the Transparency Law; or (c) the
 holder of financial instruments referred to in Article 12(1) of the
 Transparency Law.

 As the disclosure of cases of acting in concert may vary due to the specific
 circumstances (e.g. same or different total positions of the parties, entering
 or exiting of acting in concert by a single party) the standard form does not
 provide for a specific method how to notify cases of acting in concert.

 In relation to the transactions referred to in points (b) to (h) of Article 9
 of the Transparency Law, the following list is provided as indication of the
 persons who should be mentioned:

 - in the circumstances foreseen in letter (b) of Article 9 of that Law, the
 natural person or legal entity that acquires the voting rights and is entitled
 to exercise them under the agreement and the natural person or legal entity who
 is transferring temporarily for consideration the voting rights;

 - in the circumstances foreseen in letter (c) of Article 9 of that Law, the
 natural person or legal entity holding the collateral, provided the person or
 entity controls the voting rights and declares its intention of exercising
 them, and natural person or legal entity lodging the collateral under these
 conditions;

 - in the circumstances foreseen in letter (d) of Article 9 of that Law, the
 natural person or legal entity who has a life interest in shares if that person
 or entity is entitled to exercise the voting rights attached to the shares and
 the natural person or legal entity who is disposing of the voting rights when
 the life interest is created;

 - in the circumstances foreseen in letter (e) of Article 9 of that Law, the
 controlling natural person or legal entity and, provided it has a notification
 duty at an individual level under Article 8, under letters (a) to (d) of
 Article 9 of that Law or under a combination of any of those situations, the
 controlled undertaking;

 - in the circumstances foreseen in letter (f) of Article 9 of that Law, the
 deposit taker of the shares, if he can exercise the voting rights attached to
 the shares deposited with him at his discretion, and the depositor of the
 shares allowing the deposit taker to exercise the voting rights at his
 discretion;

 - in the circumstances foreseen in letter (g) of Article 9 of that Law, the
 natural person or legal entity that controls the voting rights;

 - in the circumstances foreseen in letter (h) of Article 9 of that Law, the
 proxy holder, if he can exercise the voting rights at his discretion, and the
 shareholder who has given his proxy to the proxy holder allowing the latter to
 exercise the voting rights at his discretion (e.g. management companies).

 v Applicable in the cases provided for in Article 9 (b) to (h) of the
 Transparency Law. This should be the full name of the shareholder who is the
 counterparty to the natural person or legal entity referred to in Article 9 of
 that Law unless the percentage of voting rights held by the shareholder is
 lower than the 5% threshold for the disclosure of voting rights holdings (e.g.
 identification of funds managed by management companies).

 vi The date on which threshold is crossed or reached should be the date on
 which the acquisition or disposal took place or the other reason triggered the
 notification obligation. For passive crossings, the date when the corporate
 event took effect.

 vii The total number of voting rights shall be composed of all the shares,
 including depository receipts representing shares, to which voting rights are
 attached even if the exercise thereof is suspended.

  

 viii If the holding has fallen below the 5% threshold, please note that it is
 not necessary to disclose the extent of the holding, only that the new holding
 is below that threshold.

 ix In case of combined holdings of shares with voting rights attached 'direct
 holding' and voting rights 'indirect holding', please split the voting rights
 number and percentage into the direct and indirect columns - if there is no
 combined holdings, please leave the relevant box blank.

 x Date of maturity/expiration of the financial instrument i.e. the date when
 right to acquire shares ends.

 xi If the financial instrument has such a period - please specify this period -
 for example once every 3 months starting from  date .

 xii In case of cash settled instruments the number and percentages of voting
 rights is to be presented on a delta- adjusted basis (Article 12(2) of the
 Transparency Law).

 xiii If the person subject to the notification obligation is either controlled
 and/or does control another undertaking then the second option applies.

 xiv The full chain of controlled undertakings starting with the ultimate
 controlling natural person or legal entity also has to be presented in the
 cases in which only on subsidiary level a threshold is crossed or reached and
 the subsidiary undertaking discloses the notification as only then the market
 always gets the full picture of the group holdings. In case of multiple chains
 through which the voting rights and/or financial instruments are effectively
 held the chains have to be presented chain by chain leaving a row free between
 different chains (e.g.: A, B, C, free row, A, B, D, free row, A, E, F etc.).
 Numbers shall be attributed to all persons or entities within the group in
 column 1 in order to allow a clear indication of the control structure in
 column 6. The names of all undertakings of the control chain shall be provided
 in column 2, even if the number of the directly held voting rights and/or
 financial instruments is not equal or higher than the notifiable threshold.
 Columns 3 & 4 shall indicate the holdings of those persons or entities directly
 holding the voting rights and/or financial instruments if the holding is equal
 or higher than the notifiable threshold.

 xv The names of controlled undertakings through which the voting rights and/or
 financial instruments are effectively held have to be presented irrespectively
 whether the controlled undertakings cross or reach the lowest applicable
 threshold themselves.

 xvi Example: Correction of a previous notification.

  

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   ISIN:           LU0775917882, XS1130507053, XS1191320297, XS1220083551,
                   XS1491364953, XS1373990834, XS1654229373, XS1811181566,
                   XS1706939904, XS1763144604, XS1781401085, CH0401956872
   Category Code:  MSCL
   TIDM:           IRSH
   LEI Code:       5299002QLUYKK2WBMB18
   OAM Categories: 2.3. Major shareholding notifications
   Sequence No.:   155857
   EQS News ID:    1328907


    
   End of Announcement EQS News Service

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