REG - On the Beach Group - Holding(s) in Company

On Beach groupAnnouncement

17/12/2024 15:30

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RNS Number : 4597Q  On the Beach Group PLC  17 December 2024

 

 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)

 1. Identity of the issuer or the underlying issuer                          On The Beach Group plc

of existing shares to which voting rights are attached: (ii)

 2 Reason for the notification (please tick the appropriate box or boxes):
 An acquisition or disposal of voting rights                                                             X
 An acquisition or disposal of qualifying financial instruments which may
 result in the acquisition of shares already issued to which voting rights are
 attached
 An acquisition or disposal of instruments with similar economic effect to
 qualifying financial instruments
 An event changing the breakdown of voting rights
 Other (please specify):
 3. Full name of person(s) subject to the        Hawksford Trustees Jersey Limited (as trustees of the SC  2014 Settlement)

notification obligation: (iii)

 4. Full name of shareholder(s)
  (if different from 3.):(iv)
 5. Date of the transaction and date on          12 December 2024

which the threshold is crossed or

reached: (v)
 6. Date on which issuer notified:               16 December 2024
 7. Threshold(s) that is/are crossed or          6%, 5%

reached: (vi, vii)

 

 8. Notified details:
 A: Voting rights attached to shares (viii, ix)
 Class/type of       Situation previous                                                         Resulting situation after the triggering transaction

shares
to the triggering

transaction
 if possible using

the ISIN CODE
                                          Number                                Number                                Number                      Number of voting                      % of

of
of
of shares
rights                               votin

Shares
Voting                                                                                                 g

Rights                                                                                                 right
                                                                                                                                                                                        s (x)
                                Direct              Direct (xi)                 Indirect (xii)  Direct                              Indirect
 GB00BYM1K758        10,427,589                     10,427,589                                  7,427,589             7,427,589                                 4.45%

 B: Qualifying Financial Instruments
 Resulting situation after the triggering transaction
 Type of financial                        Expiration              Exercise/                                                         Number of voting                                    % of voting

instrument
date (xiii)
Conversion Period (xiv)
rights that may be
rights

acquired if the

instrument is

exercised/ converted.

 C: Financial Instruments with similar economic effect to Qualifying Financial
 Instruments (xv, xvi)
 Resulting situation after the triggering transaction
 Type of financial              Exercise price      Expiration date (xvii)      Exercise/                             Number of voting rights instrument refers to            % of voting rights (xix, xx)

instrument
Conversion period (xviii)

                                                                                                                                                                              Nominal                       Delta

 Total (A+B+C)
 Number of voting rights                                                                                   Percentage of voting rights
 7,427,589                                                                                                 4.45%

 

 9. Chain of controlled undertakings through which the voting rights and/or the
 financial instruments are effectively held, if applicable: (xxi)

 Hawksford Trustees Jersey Limited holds the voting rights as trustees of the
 SC 2014 Settlement.

 Proxy Voting:
 10. Name of the proxy holder:                              N/A
 11. Number of voting rights proxy holder will cease        N/A

to hold:
 12. Date on which proxy holder will cease to hold          N/A

voting rights:

 13. Additional information:
 14. Contact name:              David Carswell and Kay Bougeard
 15. Contact telephone number:  01534 740152 / 01534 740244

 

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