Holding(s) in Company

RNS Number : 5226Q
Beazley PLC
28 June 2022
 

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)

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 Group LLP on behalf of Wellington Management Global Holdings, Ltd.

City and country of registered office (if applicable)

Boston, USA

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:

27/06/2022

6. Date on which issuer notified (DD/MM/YYYY):

28/06/2022

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 of issuer

Resulting situation on the date on which threshold was crossed or reached

4.99%

0.02%

5.01%

609,967,535

Position of previous notification (if applicable)

5.03%

0.01%

5.04%


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

(DTR5.1)

Indirect

(DTR5.2.1)

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

GB00BYQ0JC66 Common Stock


30,492,378


4.99%






SUBTOTAL 8.A

30,492,378

4.99%


B 1: Financial Instruments 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








SUBTOTAL 8.B.1




B 2: Financial Instruments with similar economic effect 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

Equity Swap

05/05/2023

26/05/2022 to 05/05/2023

Cash settlement

67,829 Equity Swap shares or 67,829 votes on a converted basis

0.01%

Equity Swap

05/05/2023

22/09/2021 to 05/05/2023

Cash settlement

37,202 Equity Swap shares or 37,202 votes on a converted basis

0.01%

Equity Swap

05/05/2023

20/09/2021 to 05/05/2023

Cash settlement

6,725 Equity Swap shares or 6,725 votes on a converted basis

0.00%




SUBTOTAL 8.B.2

111,756

 

0.02%

 

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 Global LLP

5.18


5.20%

Wellington Group Holdings LLP

5.18


5.20%

Wellington Investment Advisors Holdings LLP

5.18


5.20%

Wellington Management Global Holdings, Ltd.

4.99


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 Global Holdings, Ltd. has crossed below the 5% notification threshold for voting rights attached to shares in its own right. Wellington Management Global Holdings, Ltd. 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

28/06/2022

 

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Beazley (BEZ)
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