Holding(s) in Company

Cavendish Financial PLC

19 January 2024

 

19 January 2024

Cavendish Financial plc

("Cavendish", "the Company" or the "Group")

Holding(s) in Company

Cavendish Financial plc (AIM: CAV) announces that 3,213,512 shares of 1 pence each in the Company ("Ordinary Shares"), have been transferred from its EBT administered by Zedra Trust Company (Guernsey) Limited ("Zedra") to its EBT administered by Apex Financial Services (Trust Company) Limited ("Apex").

Following the transfer, Apex has a beneficial holding of 34,774,661 (9.6%) Ordinary Shares and Zedra has no beneficial holding.

Contacts

Cavendish Financial plc                                                             Tel: [phone]

Julian Morse, Co-CEO                                                                   [e-mail]

John Farrugia, Co-CEO

Grant Thornton (Nominated Adviser)                                    Tel: [phone]

Philip Secrett/Samantha Harrison/Ciara Donnelly

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BGKPX309

Issuer Name

CAVENDISH FINANCIAL PLC

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

Apex Financial Services (Trust Company) Limited

City of registered office (if applicable)

Jersey

Country of registered office (if applicable)

Jersey

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

18-Jan-2024

6. Date on which Issuer notified

18-Jan-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	9.600000	0.000000	9.600000	34774661
Position of previous notification (if applicable)	8.710000	0.000000	8.710000

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)
GB00BGKPX309	34774661		9.600000
Sub Total 8.A	34774661		9.600000%

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

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

Increase due to receipt of shares from another EBT of the issuer which is being closed down.

12. Date of Completion

18-Jan-2024

13. Place Of Completion

Jersey

 

END