PayPoint plc : Holding(s) in Company

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
1 a . Identity of the issuer or the underlying issuer of existing shares to which voting rights are a t tache d ii :			PayPoint 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
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii: This is a voluntary notification, confirming the person subject to the notification obligation is Sanford DeLand Asset Management Limited. Previously, TR1 notifications were made by Castlefield Partners. This notification also brings Sanford DeLand’s interest up-to-date (note: no threshold cross because the position is held by a scheme required to report at 5%; 10% and 1% increments thereafter)						X
3. Details of person subject to the notification obligatio n iv
Name			SANFORD DELAND ASSET MANAGEMENT LTD
City and country of registered office (if applicable)			LEEDS, UNITED KINGDOM
4. Full name of shareholder(s) (if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reache d vi :
6. Date on which issuer notified (DD/MM/YYYY) :			04 March 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 issuervii
Resulting situation on the date on which threshold was crossed or reached	5.68%			5.68%	68,909,270
Position of previous notification (if applicable)	6.15%			6.15%

8 . Notified details of the r esulting situation on the date on which the threshold was crossed or reache d viii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting right s 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)
GB00B02QND93		3,915,000					5.68%
SUBTOTAL 8. A		3,915,000					5.68%
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 dat e x	Exercise/ Conversion Period xi			Number of voting rights that may be acquired if the instrument is exer cised/ 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 dat e x		Exercise/ Conversion Period x i		Physical or cash settlemen t xii			Number of voting rights	% of voting rights
					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) issuerxiii
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 entityxiv (please add additional rows as necessary)				X
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
CFP SDL UK BUFFETTOLOGY FUND	5.68%		5.68%
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
1 1 . Additional information xvi
TR1 notifications were previously made on behalf of Sanford DeLand Asset Management, by Castlefield Partners. However, as Sanford DeLand is no longer an appointed representative of Castlefield, the person with the reporting obligation is Sanford DeLand.

Place of completion	Sanford DeLand Asset Management Limited, Leeds, UK
Date of completion	04 March 2022

Enquiries for PayPoint plc Brian McLelland, Company Secretary (tel: [phone])