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REG - Victoria PLC - Holding(s) in Company

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RNS Number : 7193C  Victoria PLC  13 October 2022

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BZCOLC10

Issuer Name

VICTORIA P.L.C.

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Spruce House Investment Management

City of registered office (if applicable)

New York

Country of registered office (if applicable)

USA

4. Details of the shareholder

 Name                              City of registered office  Country of registered office
 The Spruce House Partnership LLC                             USA

5. Date on which the threshold was crossed or reached

12-Oct-2022

6. Date on which Issuer notified

12-Oct-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  20.440000                                             0.000000                                                                   20.440000                       23545000
 Position of previous notification (if applicable)                          19.000000                                             0.000000                                                                   19.000000

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)
 GB00BZCOLC10                                 23545000                                                                              20.440000
 Sub Total 8.A                                23545000                                                                              20.440000%

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

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

Based on 23,545,000 shares owned out of 115,213,482 shares outstanding on 10
October 2022.

The Spruce House Partnership LLC is an aggregating entity to its sole member
funds: The Spruce House Partnership (AI) LP and The Spruce House Partnership
(QP) LP - the general partner of both funds is Spruce House Capital LLC
(itself controlled equally by Ben Stein and Zach Sternberg).

12. Date of Completion

12-Oct-2022

13. Place Of Completion

New York, NY USA

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