Holding(s) in Company

RNS Number : 2949V

FRP Advisory Group PLC

13 April 2021

 

12 April 2021

FRP ADVISORY GROUP PLC

(the "Company")

Holding(s) in Company

The Company notes the below TR-1 forms relate only to a change in ownership of the administrator of the Company's Employee Benefit Trust, with RBC cees Limited having been acquired by JTC plc.

Enquiries:

FRP Advisory Group plc  

Geoff Rowley, CEO

Jeremy French, COO

Gavin Jones, CFO

Enquiries via MHP

Cenkos Securities plc (Nominated Adviser and Sole Broker)

Max Hartley/Max Gould (Corporate Finance)

Alex Pollen (Sales)

Tel: [phone]

MHP Communications (Financial Public Relations)

Oliver Hughes

Charlie Barker

Pete Lambie

Tel: [phone]

[e-mail]  

TR-1: S tandard 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) i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii :			FRP Advisory Group 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						N/A
An event changing the breakdown of voting rights						N/A
Other (please specify)iii:						N/A
3. Details of person subject to the notification obligation iv
Name			JTC plc
City and country of registered office (if applicable)
4. Full name of shareholder(s) (if different from 3.) v
Name			JTC Employer Solutions Trustee Limited
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached vi :			06/04/2021
6. Date on which issuer notified (DD/MM/YYYY):			09/04/2021
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 vii
Resulting situation on the date on which threshold was crossed or reached	7.71%			7.71%	243,191,489
Position of previous notification (if applicable)	N/A	N/A		N/A

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rights ix					% 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)
GB00BL9BW044		18,750,000					7.71%
SUBTOTAL 8. A		18,750,000					7.71%
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 x	Exercise/ Conversion Period xi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
N/A
			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 x		Exercise/ Conversion Period xi		Physical or cash settlement xii			Number of voting rights	% of voting rights
N/A
					SUBTOTAL 8.B.2

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 xiii
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 xiv (please add additional rows as necessary)
Name xv	% 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
JTC plc (group head)	7.71%		7.71%
JTC Employer Solutions Trustee Limited	7.71%		7.71%
10. In case of proxy voting, please identify:
Name of the proxy holder		N/a
The number and % of voting rights held		N/A
The date until which the voting rights will be held		N/a
11. Additional information xvi
The Issued Share Capital Position is 243,191,489 shares as at 09/04/2019

Place of completion	Jersey, Channel Islands
Date of completion	09/04/2021

TR-1: S tandard 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) i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii :			FRP Advisory Group 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						N/A
An event changing the breakdown of voting rights						N/A
Other (please specify)iii:						N/A
3. Details of person subject to the notification obligation iv
Name			Royal Bank of Canada
City and country of registered office (if applicable)
4. Full name of shareholder(s) (if different from 3.) v
Name			RBC cees Trustees Limited
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached vi :			06/04/2021
6. Date on which issuer notified (DD/MM/YYYY):			08/04/2021
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 vii
Resulting situation on the date on which threshold was crossed or reached	0%			0%	243,191,489
Position of previous notification (if applicable)	7.71%			7.71%	243,191,489

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rights ix					% 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)
GB00BL9BW044		0					0%
SUBTOTAL 8. A		0					0%
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 x	Exercise/ Conversion Period xi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
N/A
			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 x		Exercise/ Conversion Period xi		Physical or cash settlement xii			Number of voting rights	% of voting rights
N/A
					SUBTOTAL 8.B.2

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 xiii
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 xiv (please add additional rows as necessary)
Name xv	% 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
Royal Bank of Canada (group head)	0%		0%
RBC cees Trustees Ltd	0%		0%
10. In case of proxy voting, please identify:
Name of the proxy holder		N/a
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional information xvi
RBC cees Trustees Limited is a wholly owned indirect subsidiary of the Royal Bank of Canada. Calculated on TSO of 243,191,489

Place of completion	Jersey, Channel Islands
Date of completion	08/04/2021

 

END

 

 

HOLUORKRABUSARR