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REG - Grit Real Estate Inc - Holding(s) in Company

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RNS Number : 7414Y  Grit Real Estate Income Group  18 January 2022

 GRIT REAL ESTATE INCOME GROUP LIMITED

 (Registered in Guernsey)

 (Registration number: 68739)

 LSE share code: GR1T

 SEM share code: DEL.N0000

 ISIN: GG00BMDHST63

 LEI: 21380084LCGHJRS8CN05

 ("Grit" or the "Company" and, together with its subsidiaries, the "Group")

 

 

TR-1: Standard form for notification of major holdings

 

 

 1a. Identity of the issuer or the underlying issuer of existing shares to                                                                                    GRIT REAL ESTATE INCOME GROUP LIMITED
 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                                                                                                                                                                                                                                    X
 2. Reason for the notification (please mark the appropriate box or boxes with
 an "X")
 An acquisition or disposal of voting rights
 An acquisition or disposal of financial instruments
 An event changing the breakdown of voting rights                                                                                                                                                                                                 X
 Other (please specify)(iii):
 3. Details of person subject to the notification obligation(iv)
 Name                                                                                                                                                         PUBLIC INVESTMENT CORPORATION SOC LIMITED
 City and country of registered office (if applicable)                                                                                                        PRETORIA, SOUTH AFRICA
 4. Full name of shareholder(s) (if different from 3.)(v)
 Name
 City and country of registered office (if applicable)
 5. Date on which the threshold was crossed or reached(vi):                                                                                                   13/01/2022
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                               17/01/2022
 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 of issuer(vii)

(total of 8.B 1 + 8.B 2)
 Resulting situation on the date on which threshold was crossed or reached          17.71%                                                                                               17.71%                          477,577,858
 Position of previous notification (if applicable)                                 25.541%                                                                                               25.541%

 

              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                           Number of voting rights(ix)                                                                                                 % of voting rights

              ISIN code (if possible)
                                                                          Direct                                                         Indirect                                                                   Direct                                                                                            In

                                                                                                 di
                                                                          (Art 9 of Directive 2004/109/EC) (DTR5.1)                      (Art 10 of Directive 2004/109/EC) (DTR5.2.1)                               (Art 9 of Directive 2004/109/EC) (DTR5.1)                                                         re
                                                                                                                                                                                                                                                                                                                      ct

                                                                                                                                                                                                                                                                                                                      (A
                                                                                                                                                                                                                                                                                                                      rt
                                                                                                                                                                                                                                                                                                                      10
                                                                                                                                                                                                                                                                                                                      of
                                                                                                                                                                                                                                                                                                                      Di
                                                                                                                                                                                                                                                                                                                      re
                                                                                                                                                                                                                                                                                                                      ct
                                                                                                                                                                                                                                                                                                                      iv
                                                                                                                                                                                                                                                                                                                      e
                                                                                                                                                                                                                                                                                                                      20
                                                                                                                                                                                                                                                                                                                      04
                                                                                                                                                                                                                                                                                                                      /1
                                                                                                                                                                                                                                                                                                                      09
                                                                                                                                                                                                                                                                                                                      /E
                                                                                                                                                                                                                                                                                                                      C)
                                                                                                                                                                                                                                                                                                                      (D
                                                                                                                                                                                                                                                                                                                      TR
                                                                                                                                                                                                                                                                                                                      5.
                                                                                                                                                                                                                                                                                                                      2.
                                                                                                                                                                                                                                                                                                                      1)
              PAN                                               84 599 515                                                                                                                         17.71%
              SUBTOTAL 8. A                                  84 599 515                                                                                                                  17.71%

              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                        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                                                NIL                                                                              NIL

              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                                         Exercise/ Conversion Period (xi)          Physical or cash settlement(xii)                                           Number of voting rights    % of voting rights

date(x)

                                                                                                                                         SUBTOTAL 8.B.2                                                             NIL                        NIL

 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
 the financial instruments are effectively held starting with the ultimate
 controlling natural person or legal entity(xiv )(please add additional rows as
 necessary)
 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
 PUBLIC INVESTMENT CORPORATION SOC LIMITED                                            17.71%                                                                                                                                                   17.71%

 10. In case of proxy voting, please identify:
 Name of the proxy holder                                                                                                                                     N/A
 The number and % of voting rights held                                                                                                                       N/A
 The date until which the voting rights will be held                                                                                                          N/A

 11. Additional information(xvi)
 This is due to a corporate event whereby the Company issued new shares, that
 changed the shares in issue to 477,577,858

 

 Place of completion  PRETORIA, SOUTH AFRICA
 Date of completion   17 January 2022

 

 

18 January 2022

 

 FOR FURTHER INFORMATION, PLEASE CONTACT:

 Grit Real Estate Income Group Limited
 Bronwyn Knight, Chief Executive Officer                           +230 269 7090
 Darren Veenhuis, Chief Strategy Officer and Investor Relations    +44 779 512 3402

 Maitland/AMO - Communications Adviser
 James Benjamin                                                    +44 7747 113 930
                                                                   Grit-maitland@maitland.co.uk (mailto:Grit-maitland@maitland.co.uk)

 finnCap Ltd - UK Financial Adviser
 William Marle / Teddy Whiley (Corporate Finance)                  +44 20 7220 5000
 Mark Whitfeld / Pauline Tribe (Sales)                             +44 20 3772 4697
 Monica Tepes (Research)                                           +44 20 3772 4698

 Perigeum Capital Ltd - SEM Authorised Representative and Sponsor
 Shamin A. Sookia                                                  +230 402 0894
 Kesaven Moothoosamy                                               +230 402 0898

 Capital Markets Brokers Ltd - Mauritian Sponsoring Broker
 Neetusha Aubeeluck                                                +230 402 0285

NOTES:

Grit Real Estate Income Group Limited is the leading pan-African real estate
company focused on investing in and actively managing a diversified portfolio
of assets in carefully selected African countries (excluding South Africa).
These high-quality assets are underpinned by predominantly US$ and Euro
denominated long-term leases with a wide range of blue-chip multi-national
tenant covenants across a diverse range of robust property sectors.

 

The Company holds its primary listing on the Main Market of the London Stock
Exchange (LSE: GR1T and a secondary listing on the Stock Exchange of Mauritius
(SEM: DEL.N0000).

 

Further information on the Company is available at http://grit.group/
(http://grit.group/)

 

Directors: Peter Todd+ (Chairman), Bronwyn Knight (Chief Executive Officer)*,
Leon van de Moortele (Chief Financial Officer)*, David Love+, Sir Samuel Esson
Jonah+, Nomzamo Radebe, Catherine McIlraith+, Jonathan Crichton+, Cross
Kgosidiile(+) and Bright Laaka+ (Permanent Alternate Director to Nomzamo
Radebe).

(* Executive Director) (+ independent Non-Executive Director)

 

Company secretary: Intercontinental Fund Services Limited

Registered address: PO Box 186, Royal Chambers, St Julian's Avenue, St Peter
Port, Guernsey GY1 4HP

Registrar and transfer agent (Mauritius): Intercontinental Secretarial
Services Limited

UK Transfer secretary: Link Asset Services Limited

SEM authorised representative and sponsor: Perigeum Capital Ltd

Mauritian sponsoring broker: Capital Markets Brokers Ltd

 

 

This notice is issued pursuant to the FCA Listing Rules and SEM Listing Rule
15.24 and the Mauritian Securities Act 2005.  The Board of the Company
accepts full responsibility for the accuracy of the information contained in
this communiqué.

 

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.   END  HOLUBAARURUAAUR

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