Holding(s) in Company

RNS Number : 1564F

Beazley PLC

12 November 2020

 

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)
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:			Beazley plc
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):
3. Details of person subject to the notification obligation
Name			Wellington Management International Ltd
City and country of registered office (if applicable)			London, England
4. Full name of shareholder(s)  (if different from 3)
Name			BBH ISL NOMINEES LTD BNY (OCS) Nominees Limited GOLDMAN SACHS INTERNATIONAL HSBC Global Custody Nominee (UK) Limited JP Morgan Chase Nominees Limited Mellon Nominees (UK) Ltd. Nortrust Nominees Limited ROY Nominees Limited State Street Nominees Limited VIDACOS NOMINEES LIMITED
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached:			10/11/2020
6. Date on which issuer notified (DD/MM/YYYY):			12/11/2020
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 of issuer
Resulting situation on the date on which threshold was crossed or reached	4.94%	0.08%		5.01%	608,862,541
Position of previous notification (if applicable)

8. 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 (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)			Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB00BYQ0JC66 Common Stock		30,054,846				4.94%
SUBTOTAL 8.A	30,054,846				4.94%
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 date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/converted			% of voting rights
		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 date	Exercise/ Conversion Period	Physical or cash settlement	Number of voting rights		% of voting rights
Equity Swap	15/05/2023	11/11/2020to15/05/2023	Cash settlement	231,225 Equity Swap shares or 231,225 votes on a converted basis		0.04%
Equity Swap	15/05/2023	29/05/2020to15/05/2023	Cash settlement	80,773 Equity Swap shares or 80,773 votes on a converted basis		0.01%
Equity Swap	15/05/2023	21/05/2020to15/05/2023	Cash settlement	64,269 Equity Swap shares or 64,269 votes on a converted basis		0.01%
Equity Swap	15/05/2023	11/03/2020to15/05/2023	Cash settlement	24,237 Equity Swap shares or 24,237 votes on a converted basis		0.00%
Equity Swap	22/05/2023	24/04/2020to22/05/2023	Cash settlement	22,154 Equity Swap shares or 22,154 votes on a converted basis		0.00%
Equity Swap	15/05/2023	18/03/2020to15/05/2023	Cash settlement	13,813 Equity Swap shares or 13,813 votes on a converted basis		0.00%
Equity Swap	22/05/2023	09/10/2020to22/05/2023	Cash settlement	8,047 Equity Swap shares or 8,047 votes on a converted basis		0.00%
Equity Swap	22/05/2023	24/09/2020to22/05/2023	Cash settlement	6,513 Equity Swap shares or 6,513 votes on a converted basis		0.00%
Equity Swap	22/05/2023	27/08/2020to22/05/2023	Cash settlement	5,563 Equity Swap shares or 5,563 votes on a converted basis		0.00%
Equity Swap	15/05/2023	19/03/2020to15/05/2023	Cash settlement	4,624 Equity Swap shares or 4,624 votes on a converted basis		0.00%
Equity Swap	22/05/2023	13/10/2020to22/05/2023	Cash settlement	4,553 Equity Swap shares or 4,553 votes on a converted basis		0.00%
Equity Swap	22/05/2023	11/09/2020to22/05/2023	Cash settlement	4,547 Equity Swap shares or 4,547 votes on a converted basis		0.00%
Equity Swap	05/05/2023	21/05/2020to05/05/2023	Cash settlement	3,799 Equity Swap shares or 3,799 votes on a converted basis		0.00%
Equity Swap	22/05/2023	12/11/2020to22/05/2023	Cash settlement	1,841 Equity Swap shares or 1,841 votes on a converted basis		0.00%
Equity Swap	22/05/2023	01/09/2020to22/05/2023	Cash settlement	1,490 Equity Swap shares or 1,490 votes on a converted basis		0.00%
Equity Swap	05/05/2023	01/09/2020to05/05/2023	Cash settlement	373 Equity Swap shares or 373 votes on a converted basis		0.00%
			SUBTOTAL 8.B.2	477,821		0.08%

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.
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 (please add additional rows as necessary)					X
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
Wellington Management International Ltd				5.01%
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:
Wellington Management International Ltd, which crossed the 5% notification threshold in its own right, is an investment management entity that manages the assets of certain funds and/or managed accounts. Wellington Management International Ltd is a direct controlled undertaking of Wellington Management Global Holdings, Ltd., which is a direct controlled undertaking of Wellington Investment Advisors Holdings LLP , which, in turn, is a direct controlled undertaking of Wellington Group Holdings LLP , which, in turn, is a direct controlled undertaking of Wellington Management Group LLP .
Place of completion	London
Date of completion	11/11/2020

 

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