Holding(s) in Company

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GG00BQBFY479

Issuer Name

BH MACRO LIMITED

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Rathbones Investment Management Ltd

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

Name	City of registered office	Country of registered office
Investec Wealth & Investment (Channel Islands)	St Peter Port	Guernsey
Investec Wealth & Investment Limited	London	United Kingdom
Rathbones Investment Management International Limited	St Helier	Jersey

4. Details of the shareholder

Name	City of registered office	Country of registered office
Rathbone Nominees Limited	London	United Kingdom
BNP Paribas Limited	London	United Kingdom
Ferlim Nominees Limited	London	United Kingdom
Hero Nominees Limited	St Peter Port	Guernsey
Torch Nominees Limited	St Peter Port	Guernsey

5. Date on which the threshold was crossed or reached

24-Jul-2024

6. Date on which Issuer notified

25-Jul-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	23.954500	0.000000	23.954500	130493973
Position of previous notification (if applicable)	24.993600	0.000000	24.993600

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)
GG00BQBFY479		4788160		0.879000
GG00BQBFY362		125705813		23.075500
Sub Total 8.A	130493973		23.954500%

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
Rathbones Group Plc	Rathbones Investment Management Limited	8.163100		8.163100%
Rathbones Group Plc	Rathbones Investment Management International Limited	0.327600		0.327600%
Rathbones Group Plc	Investec Wealth & Investment Limited	14.956000		14.956000%
Rathbones Group Plc	Investec Wealth & Investment (Channel Islands) Limited	0.507700		0.507700%