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REG-Third Point Investors: Holding(s) in Company

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GG00B1YQ7219

Issuer Name

THIRD POINT INVESTORS LIMITED

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights; An event changing the breakdown
of voting

3. Details of person subject to the notification obligation

Name

AVI Global Trust plc

City of registered office (if applicable)

Exeter

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

 Name                                                            City of registered office  Country of registered office  
 JP Morgan - Chase Nominees Limited CREST: BO01 - Account 11429  London                     England                       

5. Date on which the threshold was crossed or reached

29-Apr-2022

6. Date on which Issuer notified

03-May-2022

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  3.960000                                              0.000000                                                                   3.960000                        1926152                                       
 Position of previous notification (if applicable)                          6.000000                                              0.000000                                                                   6.000000                        3412359                                       

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)  
 GG00B1YQ7219                                                                          1926152                                                                          3.960000                                
 Sub Total 8.A                                1926152                                                                               3.960000%                                                                   

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 exercised/converted  % of voting rights  
                                                                                                                                                                                       
 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

1. 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.

 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 than the notifiable threshold  Total of both if it equals or is higher than the notifiable threshold  
                                                                                                                                                                                                                                                                                                                           

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

On 29th April the Company announced the finalisation of the 2022 Exchange
Facility which confirmed that the total voting rights as at 31st March 2022
was 48,957,792. The revised percentage holding of AVI Global Trust plc in the
Company was therefore 3.93% as at 31 March 2022. Following buybacks in the
month of April the total voting rights as at 29th April was 48,630,540 and
therefore the percentage holding of AVI Global Trust plc in the Company was
3.96%.

12. Date of Completion

03-May-2022

13. Place Of Completion

Exeter, England



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