RNS Number : 5004H
Velocity Composites PLC
06 May 2025
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BF339H01
Issuer Name
VELOCITY COMPOSITES PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
Other
Comments
Please refer to the additional information section of the form for information - no change to the position.
3. Details of person subject to the notification obligation
Name
Maven Capital Partners UK LLP
City of registered office (if applicable)
Glasgow
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
Name
City of registered office
Country of registered office
Maven Renovar VCT PLC
London
England and Wales
5. Date on which the threshold was crossed or reached
01-May-2025
6. Date on which Issuer notified
06-May-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 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
10.461000
0.000000
10.461000
5650294
Position of previous notification (if applicable)
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)
GB00BF339H01
5650294
10.461000
Sub Total 8.A
5650294
10.461000%
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
Maven Renovar VCT PLC was previously Amati AIM VCT plc.
The name change occurred following a change of Investment Manager from Amati Global Investors (AGI) to Maven Capital Partners UK LLP (Maven).
There has been no change to the position held by the Company, the notification has been submitted for information on the name change only.
12. Date of Completion
06-May-2025
13. Place Of Completion
Glasgow
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