REG - RTW Biotech Opp. - Holding(s) in Company

RTW Biotech OpportunitiesAnnouncement

28/05/2024 07:00

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RNS Number : 9370P  RTW Biotech Opportunities Ltd  28 May 2024

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GG00BKTRRM22

Issuer Name

RTW BIOTECH OPPORTUNITIES LTD

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

Other

Comments

As a result of RTW Biotech Opportunities Ltd.'s ("RTW") recent cancellation of
48,322,863 of its shares, Bluestem's interest in RTW has increased to 10.14%,
which triggers the notification threshold.

3. Details of person subject to the notification obligation

Name

Bluestem Asset Management, LLC

City of registered office (if applicable)

Charlottesville

Country of registered office (if applicable)

United States

 Name                   City of registered office  Country of registered office
 Bluestem Partners, LP  Wilmington Delaware        USA

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the
notification obligation, above

 

City of registered office (if applicable)

 

Country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reached

24-May-2024

6. Date on which Issuer notified

24-May-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 8.B 1 + 8.B 2)  Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer
 Resulting situation on the date on which threshold was crossed or reached  10.140000                                             0.000000                                                                   10.140000                       34,093,156
 Position of previous notification (if applicable)                          8.740000                                              0.000000                                                                   8.740000

8. Notified details of the resulting situation on the date on which the
threshold was crossed or reached

8A. Voting rights attached to shares

 Class/Type of shares ISIN code(if possible)  Number of direct voting rights (DTR5.1)  Number of indirect voting rights (DTR5.2.1)  % of direct voting rights (DTR5.1)  % of indirect voting rights (DTR5.2.1)
 GG00BKTRRM22                                 34,093,156                                                                            10.140000
 Sub Total 8.A                                34,093,156                                                                            10.140000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 Type of financial instrument  Expiration date  Exercise/conversion period  Number of voting rights that may be acquired if the instrument is  % of voting rights
                                                                            exercised/converted

 Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to
(DTR5.3.1R.(1) (b))

 Type of financial instrument  Expiration date  Exercise/conversion period  Physical or cash settlement  Number of voting rights  % of voting rights

 Sub Total 8.B2

9. Information in relation to the person subject to the notification
obligation

2. 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 entities (please add additional
rows as necessary)

 Ultimate controlling person  Name of controlled undertaking  % 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
 Michael D. Bills             Bluestem Asset Management LLC   10.140000                                                                   0.000000                                                                    10.140000%

10. In case of proxy voting

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

Michael D. Bills has sole authority for Bluestem Asset Management, LLC, as its
Managing Member. Bluestem Asset Management, LLC is the General Partner of the
Shareholder, Bluestem Partners, LP, and is authorized to act for Bluestem
Partners, LP on all matters.

 

The last notification was submitted to the FCA and the issuer on February 16,
2024. Bluestem's interest in RTW at that time was 8.74%.

12. Date of Completion

24-May-2024

13. Place Of Completion

Charlottesville, VA USA

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