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REG - Permanent TSB Group - Holding(s) in Company

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RNS Number : 8373B  Permanent TSB Group Holdings PLC  06 June 2023

Standard Form TR-1

Standard form for notification of major holdings

 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
 Central Bank of Ireland)(i)

 1. Identity of the issuer or the underlying issuer of existing shares to which
 voting rights are attached(ii): Permanent TSB Group Holdings p.l.c

 2. Reason for the notification (please tick the appropriate box or boxes):

  x  An acquisition or disposal of voting rights

 [ ] An acquisition or disposal of financial instruments

 [ ] An event changing the breakdown of voting rights

 [ ] Other (please specify)(iii):

 3. Details of person subject to the notification obligation(iv) :
 Name: The Minister for Finance of Ireland                                                                                        City and country of registered office (if applicable):

                                                                                                                                  Minister for Finance of Ireland,  Government Buildings, Upper Merrion Street,
                                                                                                                                  D02 R583
 4. Full name of shareholder(s) (if different from 3.)(v): N/A

 5. Date on which the threshold was crossed or reached(vi): 02 June 2023

 6. Date on which issuer notified: 06 June 2023

 7. Threshold(s) that is/are crossed or reached: The Minister's percentage of
 voting rights has decreased from 62.44% to 57.44% following a shareholding
 disposal of 27,279,456 Permanent TSB Group Holdings plc shares.
 8. Total positions of person(s) subject to the notification obligation:
                                                                            % of voting rights attached to shares (total of 9.A)  % of voting rights through financial instruments  Total of both in % (9.A + 9.B)  Total number of voting rights of issuer(vii)

(total of 9.B.1 + 9.B.2)
 Resulting situation on the date on which threshold was crossed or reached  57.44%                                                Nil                                               57.44%                          545,589,119
 Position of previous notification (if applicable)                          62.44%                                                Nil                                               62.44%

 

 9. 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                                      In

                                           di
                                                                                                                                                                                                             re
                                                                                                                                                                                                             ct

 IE00BWB8X525                        313,382,197                                Nil                              57.44%                                          Nil

 (ordinary shares of €0.50 each)

 SUBTOTAL A                          313,382,197                                                                 57.44%

 B 1: Financial Instruments according to Regulation 17(1)(a) of the
 Regulations
 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 B.1

 B 2: Financial Instruments with similar economic effect according to
 Regulation 17(1)(b) of the Regulations
 Type of financial instrument        Expiration                   Exercise/                   Physical or cash settlement(xii)           Number of voting rights                         % of voting rights

date(x)
Conversion Period (xi)

                                                                                              SUBTOTAL B.2

 

 10. Information in relation to the person subject to the notification
 obligation (please tick the applicable box):

  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):

 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
 Minister For Finance of Ireland  57.44%                                                                      Nil                                                                         57.44%

 11. In case of proxy voting: [name of the proxy holder] will cease to hold [%
 and number] voting rights as of  date 

 N/A

 12. Additional information(xvi):

 The Minister's percentage of voting rights has decreased from 62.44% to 57.44%
 following a shareholding disposal of 27,279,456 Permanent TSB Group Holdings
 plc shares.

 

Done at Dublin on 02 June 2023.

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