Notification of Major Holdings

RNS Number : 0993D
ScS Group PLC
17 October 2022
 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BRF0TJ56

Issuer Name

SCS GROUP P.L.C.

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Stadium Capital Management LLC

City of registered office (if applicable)

New Canaan

Country of registered office (if applicable)

United States

Name

City of registered office

Country of registered office

STADIUM CAPITAL MANAGEMENT GP, LP, a Delaware limited partnership (USA)



STADIUM CAPITAL MANAGEMENT, LLC, a Delaware limited liability company (USA)



SK FAMILY INVESTMENTS, LLC, a Delaware limited liability company (USA)



4. Details of the shareholder

Name

City of registered office

Country of registered office

BNP Paribas



5. Date on which the threshold was crossed or reached

12-Oct-2022

6. Date on which Issuer notified

14-Oct-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 held in issuer

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

4.960000

0.000000

4.960000

1771685

Position of previous notification (if applicable)

5.045800

0.000000

5.045800


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)

GB00BRF0TJ56

1771685

0

4.960000

0.000000

Sub Total 8.A

1771685

4.960000%

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

2. 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 entities (please add additional rows as necessary)

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

SK FAMILY INVESTMENTS, LLC





STADIUM CAPITAL MANAGEMENT, LLC





STADIUM CAPITAL MANAGEMENT GP





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

Stadium Capital Management, LLC is the general partner of Stadium Capital Management GP, L.P.(the "GP"), which is the general partner of Stadium Capital Partners, LP and Stadium Capital Qualified Partners, LP. The GP has delegated investment advisory responsibilities with respect to Stadium Capital Partners, LP and Stadium Capital Qualified Partners, LP to Stadium Capital Management LLC.

Stadium Capital Management, LLC is a controlled undertaking of SK Family Investments LLC as a result of its right to appoint a majority of the managers of Stadium Capital Management, LLC. The members of SK Family Investments LLC are Alexander M. Seaver and Bradley R. Kent, who are also the only managers of Stadium Capital Management, LLC on the date of this notification. Neither Alexander M. Seaver nor Bradley R. Kent constitutes an indirect holder of Stadium Capital Management, LLC or SK Family Investments LLC for the purposes of the disclosure obligation under DTR 5.

12. Date of Completion

14-Oct-2022

13. Place Of Completion

New Canaan, Connecticut, USA

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