Notification of Major Holdings

RNS Number : 7597N

Bank of Ireland Group PLC

02 February 2021

 

Standard Form TR-1

S tandard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Bank of Ireland Group Plc
2. Reason for the notification (please tick the appropriate box or boxes): [X] An acquisition or disposal of voting rights [ ] An acquisition or disposal of financial instruments [] An event changing the breakdown of voting rights [ ] Other (please specify):
3. Details of person subject to the notification obligation:
Name: Marathon Asset Management LLP		City and country of registered office (if applicable): London, UK
4. Full name of shareholder(s) (if different from 3.): See attached breakdown
5. Date on which the threshold was crossed or reached: 29th January 2021
6. Date on which issuer notified: 1st February 2021
7. Threshold(s) that is/are crossed or reached: 3%
8. Total positions of person(s) subject to the notification obligation:
	% of voting rights attached to shares (total of 9.A)	% of voting rights through financial instruments (total of 9.B.1 + 9.B.2)	Total of both in % (9.A + 9.B)	Total number of voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached	2.99	0	2.99	1,078,822,872
Position of previous notification (if applicable)	3.02	0	3.02

9. Notified details of the resulting situation on the date on which the threshold was crossed or reached:
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rights					% of voting rights
	Direct			Indirect		Direct		Indirect
Ordinary Shares IE00BD1RP616				32,209,305				2.99
SUBTOTAL A				32,209,305				2.99
B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations
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
None
			SUBTOTAL B.1
B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations
Type of financial instrument	Expiration date		Exercise/ Conversion Period		Physical or cash settlement		Number of voting rights		% of voting rights
None
					SUBTOTAL B.2

10. Information in relation to the person subject to the notification obligation (please tick the applicable box): [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. [] 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 entity:
Name	% 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
11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]
12. Additional information: Breakdown of Holdings: Custodian Nominal Bank of America Merrill Lynch 263,793 Bank of New York Mellon 6,965,577 BNP Paribas 23,830 Brown Brothers Harriman 1,610,314 JP Morgan Chase 811,557 Northern Trust 14,183,863 State Street Bank & Trust Company 11,175,518 Total 35,034,452 The shares referred to in this disclosure correspond to a number of funds and accounts managed by portfolio managers under the control of Marathon Asset Management LLP.  The provided breakdown of holdings refer to the total number of shares in the issuer controlled by Marathon Asset Management LLP but the firm only has authority to vote in connection with 32,209,305 shares.

Done at Dublin on 2 February 2021

Contact: Sarah McLaughlin, Group Secretary

Telephone: [phone]  

 

END

 

 

HOLEALAAESXFEFA