REG - Ondo InsurTech PLC - Holding(s) in Company
19/07/2024 15:00
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RNS Number : 1359X Ondo InsurTech PLC 19 July 2024
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
FCA in Microsoft Word format if possible) (i)
1a. Identity of the issuer or the underlying issuer of existing shares to Ondo Insurtech 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
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 HomeServe Assistance Limited
City and country of registered office (if applicable) Walsall, UK
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): 05/06/2024
6. Date on which issuer notified (DD/MM/YYYY): 17/07/2024
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 held in issuer (8.A + 8.B) (vii)
(total of 8.B 1 + 8.B 2)
Resulting situation on the date on which threshold was crossed or reached 11.70% 11.70% 13,628,275
Position of previous notification (if 15.72% 15.72%
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 Indirect
(DTR5.1) (DTR5.2.1) (DTR5.1) (DTR5.2.1)
Ordinary shares 13,628,275 11.70%
GB00BD3B8Z11
SUBTOTAL 8. A 13,628,275 11.70%
B 1: Financial Instruments according to DTR5.3.1R (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 DTR5.3.1R
(1) (b)
Type of financial instrument Expiration Exercise/ Physical or cash Number of voting rights % of voting rights
date (x)
Conversion Period (xi)
Settlement (xii)
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 (please add additional rows as
necessary) (xiv)
Name (xv) % of voting rights if it equals or is higher than the notifiable threshold % of voting rights through financial Total of both if it equals or is higher than the notifiable threshold
instruments if it equals or is higher than the notifiable threshold
Chain A - Ownership
Chain A1
BIF IV Investors (A, B and C Sleeves) Non- 7.99% 7.99%
European
BIF IV Hestia AIV LP (Cayman Islands) 7.99% 7.99%
BIF IV Hestia Carry LP (Cayman Islands) 7.99% 7.99%
BIF IV Hestia 11.70% 11.70%
Aggregator LP
(Cayman Islands)
Chain A2
BIF IV Investors (ER Sleeve) (European) 0.79% 0.79%
BIF IV Hestia Carry LP (Cayman Islands) 0.79% 0.79%
BIF IV Hestia 11.70% 11.70%
Aggregator LP
(Cayman Islands)
Chain B - Ownership
BIP BIF IV Hestia AIV LP (Cayman Islands) 2.925% 2.925%
BIF IV Hestia 11.70% 11.70%
Aggregator LP
(Cayman Islands)
Chain C control exercised as General Managing Partner
Brookfield Corporation 11.70% 11.70%
Brookfield Infrastructure Group Bermuda Ltd 11.70% 11.70%
BIF IV Bermuda GP Ltd (Bermuda) 11.70% 11.70%
Chain C1 control exercised as General Managing Partner
BIF IV Bermuda GP Ltd (Bermuda) 2.925% 2.925%
BIF IV Hestia AIV LP (Cayman Islands) 2.925% 2.925%
BIF IV Hestia Carry LP (Cayman Islands) 2.925% 2.925%
BIF IV Hestia 11.70% 11.70%
Aggregator LP
(Cayman Islands)
Chain C2 control exercised as General Managing Partner
BIF IV Bermuda GP Ltd (Bermuda) 7.99% 7.99%
BIF IV Bermuda GP LP (Bermuda) 7.99% 7.99%
BIF IV LTIP Global 7.99% 7.99%
Splitters LP (Bermuda)
BIF IV Hestia Carry LP (Cayman Islands) 7.99% 7.99%
BIF IV Hestia 11.70% 11.70%
Aggregator LP
(Cayman Islands)
Chain C3 control exercised as General Managing Partner
BIF IV Bermuda GP Ltd (Bermuda) 11.70% 11.70%
BIF IV Hestia 11.70% 11.70%
Aggregator LP
(Cayman Islands)
Chain C4 control exercised as General Managing Partner
BIF IV Bermuda GP Ltd (Bermuda) 2.925% 2.925%
BIP BIF IV Hestia AIV LP (Cayman Islands) 2.925% 2.925%
BIF IV Hestia 11.70% 11.70%
Aggregator LP
(Cayman Islands)
Chain D - Ownership
BIF IV Hestia 11.70% 11.70%
Aggregator LP
(Cayman Islands)
BIF IV Fund 11.70% 11.70%
Hestia UK Topco Ltd 11.70% 11.70%
Hestia UK Midco I Ltd 11.70% 11.70%
Hestia UK Midco II Ltd 11.70% 11.70%
Hestia UK Midco III Ltd 11.70% 11.70%
Hestia UK Holdco Ltd 11.70% 11.70%
Hestia UK II Holdco Ltd 11.70% 11.70%
Hestia Bidco Ltd 11.70% 11.70%
HomeServe Ltd 11.70% 11.70%
HomeServe Enterprises Ltd 11.70% 11.70%
HomeServe Assistance Ltd 11.70% 11.70%
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information (xvi)
Place of completion Walsall
Date of completion 17/07/2024
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