TR-1 Notification -Senvest

RNS Number : 9800L
Bank of Cyprus Holdings PLC
16 September 2021
 

Standard Form TR-1

Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank ofIreland)I

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights areattached ii : Bank of Cyprus Holdings Public Limited Company, 10 Earlsfort Terrace, Dublin 2 (LEI635400L14KNHZXPUZM19)

2.Reasonforthenotification (pleaseticktheappropriatebox or boxes):

[√]Anacquisitionordisposalofvotingrights*

[ ] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights

[]Other(please specify)iii:

3. Detailsofpersonsubjecttothenotificationobligation iv :

Name:

 

(1) SenvestCyprusRecoveryInvestmentFund,LP

(2) RIMASenvest CyprusGPLtd.

 

(3) SenvestManagement,LLC

 

(4) SenvestMaster Fund, LP

 

(5) RIMASenvestMaster FundGP,LLC

 

 

 

Cityandcountryofregisteredoffice(ifapplicable):(1),(2)and(4) Grand Cayman,CaymanIslands

(3)and(5)Delaware, UnitedStatesofAmerica

4. Full name of shareholder(s) (if different from 3.)v: Senvest Master Fund, LP & Senvest Cyprus RecoveryInvestmentFund,LP

5. Dateonwhichthethresholdwas crossedorreached vi : 14 September 2021

6. Dateonwhichissuernotified: 15 September 2021

7.Threshold(s)thatis/are crossedorreached: Above5%

 

 

*See section 12

 

8.Totalpositionsofperson(s)subjecttothenotificationobligation:

 

% of voting rightsattachedtoshares(totalof9.A)

%ofvotingrightsthrough financialinstruments

(totalof9.B.1+9.B.2)

 

Totalofbothin%(9.A+ 9.B)

Totalnumberofvoting rights ofissuer vii

Resulting situationonthedateonwhichthreshold wascrossedor reached

 

5.01%

 

N/A

 

5.01%

 

446,199,933

Positionofpreviousnotification (ifapplicable)

4.02%

N/A

4.02%

 

 

 

9.Notified detailsofthe resultingsituationonthedateonwhichthethresholdwascrossedor

reached viii :

A:Votingrights attached toshares

Class/type ofshares

ISINcode(ifpossible)

Numberof votingrights ix

%of voting rights

 

Direct

 

Indirect

 

Direct

 

Indirect

IE00BD5B1Y92

22,338,748

 

5.01%

-

 

 

 

 

 

 

 

 

 

 

SUBTOTALA

22,338,748

5.01%

 

B1:FinancialInstrumentsaccordingtoRegulation17(1)(a)oftheRegulations

 

Typeoffinancialinstrument

 

Expiration date x

 

Exercise/Period xi

Number of votingrightsthatmaybeacquirediftheinstrumentis

exercised/converted.

 

 

%of voting rights

N/A

N/A

N/A

N/A

N/A

 

 

 

 

 

 

 

 

 

 

 

SUBTOTALB.1

 

 
               

 

B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of theRegulations

Typeoffinancialinstrument

Expiration date x

Exercise/

Period xi

Physical orcash

settlement xii

Number ofrights

 

%of voting rights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SUBTOTALB.2

 

 

 

 

10. Information in relation to the person subject to the notification obligation (please tick theapplicablebox) :

 

[ ] Person subject to the notification obligation is not controlled by any natural person or legalentityanddoesnot controlanyotherundertaking(s) holdingdirectlyorindirectlyaninterestinthe(underlying)issuer. xiii

 

[√] Fullchainofcontrolledundertakingsthroughwhichthevotingrights and/orthe

financialinstrumentsare effectivelyheldstartingwiththeultimatecontrollingnaturalpersonorlegalentity xiv :

 

 

Name xv

 

% of voting rights if itequalsorishigherthanthenotifiablethreshold

% of voting rightsthrough financialinstrumentsifitequalsor is higher than thenotifiablethreshold

 

Totalofbothifitequalsor is higher than thenotifiablethreshold

Senvest Management,LLC

N/A

N/A

N/A

RIMA Senvest CyprusGPLtd.

N/A

N/A

N/A

Senvest CyprusRecovery InvestmentFund,LP

3.67%

N/A

3.67%

Senvest Master Fund,LP

1.34%

N/A

1.34%

 

 

 

 

 

 

 

 

 

11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] votingrightsas of[date] N/A

 

12.Additionalinformation xvi :

 

16,383,514 of the shares are held in by Senvest Cyprus Recovery Investment Fund, LP, a Cayman Islandsexemptedlimitedpartnership.

 

5,955,234areheld bySenvestMasterFund,LP,aCaymanIslandsexemptedlimitedpartnership.

 

RIMA Senvest Cyprus GP Ltd. is the general partner of Senvest Cyprus Recovery Investment Fund, LP.RIMASenvestMasterFundGP,LLCis thegeneralpartnerofSenvestMasterFund,LP.

SenvestManagement, LLCistheinvestmentmanager oftheSenvestCyprus RecoveryInvestment Fund,

LPand SenvestMasterFund LP.

 

Done at New York, New York, United States of America on 14 September 2021.

 

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