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 which voting rights are attached ii : PHSC 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) iii :
3. Details of person subject to the notification obligation iv
Name Stephen Anson King
City and country of registered office (if applicable) Edinburgh, United Kingdom
4. Full name of shareholder(s) (if different from 3.) v
Name Embark Investment Services Ltd
City and country of registered office (if applicable) Dundee, United Kingdom
5. Date on which the threshold was crossed or reached vi : 26 March 2025
6. Date on which issuer notified (DD/MM/YYYY): 27 March 2025
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 19.02% 19.02% 1,955,000
Position of previous notification (if applicable) 18.76% 1,928,402
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 (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 GB0033113456 0 1,955,000 0 19.02%
SUBTOTAL 8. A 1,955,000 19.02%
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 exercised/converted. % of voting rights
date x Conversion Period xi
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 Expiration Exercise/ Physical or cash settlement xii Number of voting rights % of voting rights
date x Conversion Period xi
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 the x
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 than the notifiable threshold Total of both if it equals or is higher than the notifiable threshold
Stephen Anson King 19.02% 0% 19.02%
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
The voting rights held are attached to shares held by Embark Investment Services Ltd on behalf of Standard Life Trustees Company Ltd Standard Life Trustee Company Ltd has custody of these assets on behalf of the beneficial owner – Stephen Anson King
Place of completion Edinburgh, United Kingdom
Date of completion 27 March 2025
Copyright (c) 2025 PR Newswire Association,LLC. All Rights Reserved