REG - KRM22 PLC - Holding(s) in Company

KRM22Announcement

28/03/2022 17:30

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RNS Number : 2987G  KRM22 PLC  28 March 2022

TR-1: Standard form for notification of major holdings

 

 1a. Identity of the issuer or the underlying issuer of existing shares to                                                                                    KRM22 PLC
 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
 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                                                                                                                                                                                                 X
 Other (please specify)(iii):
 3. Details of person subject to the notification obligation(iv)
 Name                                                                                                                                                         Kestrel Partners LLP
 City and country of registered office (if applicable)                                                                                                        LONDON, UK
 4. Full name of shareholder(s) (if different from 3.)(v)
 Name                                                                                                                                                         Kestrel Opportunities, a cell of Guernsey Portfolios PCC Ltd (through Bank of
                                                                                                                                                              New York Nominees Ltd), various other clients of Kestrel Partners LLP (through
                                                                                                                                                              JIM Nominees Ltd and Bank of New York Nominees Ltd) and Max Royde, partner of
                                                                                                                                                              Kestrel Partners LLP, (through "UBS AG Nominees").
 City and country of registered office (if applicable)
 5. Date on which the threshold was crossed or reached(vi):                                                                                                   25 March 2022
 6. Date on which issuer notified:                                                                                                                            28 March 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  17.52%                                                                                                       17.52%                          6,248,597
 Position of previous notification (if                                      22.26%

 applicable)

 

 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                                  Number of voting rights(ix)                                                                                                            % of voting rights

shares

 ISIN code (if possible)
                                                            Direct                                                                           Indirect                                                       Direct                                                                   Ind

                                                                        ire
                                                            (DTR5.1)                                                                          (DTR5.2.1)                                                    (DTR5.1)                                                                 ct

                                                                                                                                                                                                                                                                                     (DT
                                                                                                                                                                                                                                                                                     R5.
                                                                                                                                                                                                                                                                                     2.1
                                                                                                                                                                                                                                                                                     )
 Ordinary Shares of 10p each                    N/A                                                               6,248,597                                                            N/A                                                                 17.52%

 ISIN GB00BFM6WC61

 SUBTOTAL 8. A                                  6,248,597                                                                                                                              17.52%

 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

 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  Type of financial instrument                            Type of financial instrument                          Type of financial instrument                                   Type of financial instrument                   Type of financial instrument

                                                                                                                                             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)
 Full chain of controlled undertakings through which the voting rights and/or                                                                                                                                                                                                        X
 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
 Bank of New York Nominees Ltd                              11.55%                                                                                                                                                               11.55%
 Bank of New York Nominees Ltd                              3.66%                                                                                                                                                                3.66%
 JIM Nominees Ltd                                           0.34%                                                                                                                                                                0.34%
 UBS AG Nominees                                            1.97%                                                                                                                                                                1.97%

 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)
 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   28/03/22

 

 

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