REG - Velocys PLC - Holding(s) in Company

VelocysAnnouncement

01/03/2022 13:15

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RNS Number : 2229D  Velocys PLC  01 March 2022

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                                                                                    Velocys plc
 which voting rights are attached(ii):
 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                                                                                                                                                         Eugene Tenenbaum
 City and country of registered office (if applicable)
 4. Full name of shareholder(s) (if different from 3.)(v)
 Name                                                                                                                                                         Ervington Investments Limited
 City and country of registered office (if applicable)                                                                                                        Limassol, Republic of Cyprus
 5. Date on which the threshold was crossed or reached(vi):                                                                                                   24 February 2022
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                               28 February 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 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  3.97                                                   N/A                                                   3.97                            55,413,333
 Position of previous notification (if                                      N/A                                                    N/A                                                   N/A

 applicable)

 

 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                                          Indirect                                                    Direct                                           Indirect

                                                (Art 9 of Directive 2004/109/EC) (DTR5.1)       (Art 10 of Directive 2004/109/EC) (DTR5.2.1)                (Art 9 of Directive 2004/109/EC) (DTR5.1)        (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
 Ordinary share (GB00B11SZ269)                                                                  55,413,333                                                                                                   3.97%

 SUBTOTAL 8. A                                  55,413,333                                                                                                  3.97%

 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        % of voting rights

date(x)
Conversion Period(xi)

                                                                                                                                    exercised/converted.

                                                                        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                                                  Number of voting rights  % of voting rights

date(x)
Conversion Period (xi)

                                                                                                                  settlement(xii)

                                                                                                                  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                                                                                                                                                 x
 the

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  Total of both if it equals or is higher than the notifiable threshold
                                                                                                             than the notifiable threshold
 Eugene Tenenbaum                3.97%                                                                                                                                                   3.97%
 Heathville Investments Limited  3.97%                                                                                                                                                   3.97%
 Ervington Investments Limited   3.97%                                                                                                                                                   3.97%

 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)
 This notification is made on behalf of each of Mr Eugene Tenenbaum, Heathville
 Investments Limited and Ervington Investments Limited.

 As per the previously notified TR1 provided to the issuer on 22 December 2021,
 Ervington Investments Limited holds a direct interest in 55,413,333 (3.97%)
 ordinary shares of Velocys plc.  Norma Investments Limited is no longer the
 parent company of Ervington Investments Limited.

 Heathville Investments Limited holds a 100% direct interest in Ervington
 Investments Limited and therefore, through Heathville Investments Limited,
 holds an indirect interest in the 55,413,333 (3.97%) ordinary shares of
 Velocys plc held by Ervington Investments Limited.

 Mr Eugene Tenenbaum holds a 100% direct interest in Heathville Investments
 Limited and therefore, through Heathville Investments Limited and Ervington
 Investments Limited, holds an indirect interest in the 55,413,333 (3.97%)
 ordinary shares of Velocys plc held by Ervington Investments Limited.

 

 Place of completion  Jersey
 Date of completion   28 February 2022

 

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