REG-Vesuvius Plc: Holding(s) in Company

VesuviusAnnouncement

25/11/2024 18:00

The below TR-1 notification has been received from Cevian Capital. The Company
understands that Cevian Capital's position prior to the below TR-1
notification was 21.021691%, and notes that the 22% notifiable threshold has
been crossed as a result of a decrease in the number of ordinary shares of the
Company in issue, due to the Share Buyback Programme launched on 19 November
2024.

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00B82YXW83

Issuer Name

VESUVIUS PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An event changing the breakdown of voting rights

3. Details of person subject to the notification obligation

Name

Cevian Capital II GP Limited

City of registered office (if applicable)

`St Helier

Country of registered office (if applicable)

Jersey

4. Details of the shareholder

 Name                     City of registered office  Country of registered office  
 Aurora Nominees Limited  London                     United Kingdom                

5. Date on which the threshold was crossed or reached

20-Nov-2024

6. Date on which Issuer notified

22-Nov-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  22.008006                                             0.000000                                                                   22.008006                       57249896                                      
 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)  
 GB00B82YXW83                                                                          57249896                                                                         22.008006                               
 Sub Total 8.A                                57249896                                                                              22.008006%                                                                  

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

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 than the notifiable threshold  Total of both if it equals or is higher than the notifiable threshold  
 Cevian Capital II G.P. Limited  Cevian Capital II Master Fund L.P.  22.008006                                                                                                                                                                             22.008006%                                                             

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

Cevian Capital II G.P. Limited acts as general partner for Cevian Capital II
Master Fund L.P. 

The legal owner of the shares is Aurora Nominees Limited (acting as nominee),
which holds the shares on behalf of UBS AG, London Branch (acting as
custodian). 

The notifiable threshold was crossed as a result of a decrease in the number
of ordinary shares of the issuer in issue, due to the Share Buyback Programme
launched on 19 November 2024.

12. Date of Completion

22-Nov-2024

13. Place Of Completion

Jersey



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