REG - K3 Bus Tech Grp PLC - Holding(s) in Company
RNS Number : 6021AK3 Business Technology Group PLC02 June 2021TR-1: Standard form for notification of major holdings
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached•:
K3 Business Technology Group 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
An event changing the breakdown of voting rights
Other (please specify):
3. Details of person subject to the notification obligation
Name
Kestrel Partners LLP
City and country of registered office (if applicable)
LONDON, UK
4. Full name of shareholder(s) (if different from 3.),
Name
Kestrel Opportunities, a cell of Guernsey Portfolios PCC Ltd (through Bank of New York Nominees Ltd) and various other clients of Kestrel Partners LLP (through JIM Nominees Ltd, Bank of New York Nominees Ltd)
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached:
28 May 2021
6. Date on which issuer notified:
01 June 2021
7. Total positions of person(s) subject to the notification obligation
% of voting rights
attached to shares
(total of 8. A)1% 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 of issuer
Resulting situation on the date on which threshold was
crossed or reached
24.44%
24.44%
44,732,379
Position of previous notification (if applicable)
25.29%
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
A: Voting rights attached to shares
Class/type of
shares
ISIN code (if possible)
Number of voting rights.
% of voting rights
Direct
(Art 9 of Directive
2004/109/EC) (DTR5.1)Indirect
(Art 10 of Directive
2004/109/EC)
(DTR5.2.1)Direct
(Art 9 of Directive
2004/109/EC) (DTR5.1)Indirect
(Art 10 of Directive
2004/109/EC)
(DTR5.2.1)Ordinary Shares of 25p each
ISIN GBOOBOOP6O61
N/A
10,931,459
N/A
24.44%
SUBTOTAL 8. A
10,931,459
24.44%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 200411091EC (DTR5.3.1.1 (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
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 200411091EC (DTR5.3.1.1 (b))
Type of financial instrument
Expiration date.
Exercise/ Conversion Period xi
Physical or cash
settlement-
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
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)
X
Name-
% of voting rights if it
equals or is higherthan 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
thresholdBank of New York Nominees Ltd
18.99%
18.99%
JIM Nominees Limited
0.15%
0.15%
Bank of New York Nominees Ltd
5.30%
5.30%
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
The indirect voting rights held under (9) relate to shares held in client portfolios managed by Kestrel Partners LLP under discretionary investment management agreements
Place of completion
London
Date of completion
28/05/21
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