TR1 Notification of Major Holdings -Senvest

RNS Number : 0673M

Bank of Cyprus Holdings PLC

09 January 2023

 

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 of Ireland)I
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii : Bank of Cyprus Holdings Public Limited Company, 10 Earlsfort Terrace, Dublin 2 (LEI 635400L14KNHZXPUZM19)
2. Reason for the notification (please tick the appropriate box or boxes): [√] 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:
3. Details of person subject to the notification obligation iv :
Name: (1) Senvest Cyprus Recovery Investment Fund, LP (2) RIMA Senvest Cyprus GP Ltd. (3) Senvest Management, LLC (4) Senvest Master Fund, LP (5) RIMA Senvest Master Fund GP, LLC	City and country of registered office (if applicable): (1), (2) and (4) Grand Cayman, Cayman Islands (3) and (5) Delaware, United States of America
4. Full name of shareholder(s) (if different from 3.)v: Senvest Master Fund, LP & Senvest Cyprus Recovery Investment Fund, LP
5. Date on which the threshold was crossed or reached vi : 5 January 2023
6. Date on which issuer notified: 6 January 2023
7. Threshold(s) that is/are crossed or reached: Above 8%

*See section 12

8. Total positions of person(s) subject to the notification obligation:
	% of voting rights attached to shares (total of 9.A)	% of voting rights through financial instruments (total of 9.B.1 + 9.B.2)	Total of both in % (9.A + 9.B)	Total number of voting rights of issuer vii
Resulting situation on the date on which threshold was crossed or reached	8.06%	N/A	8.06%	446,199,933
Position of previous notification (if applicable)	7.11%	N/A	7.11%

9. 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			Indirect	Direct	Indirect
IE00BD5B1Y92	35.976.196				8.06%	-
SUBTOTAL A	35.976.196				8.06%
B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations
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		N/A	N/A		N/A		N/A
			SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations
Type of financial instrument	Expiration date x	Exercise/ Conversion Period xi	Physical or cash settlement xii	Number of voting rights	% of voting rights
			SUBTOTAL B.2

10. Information in relation to the person subject to the notification obligation (please tick the applicable box) : [ ] 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 :
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
Senvest Management, LLC	N/A	N/A	N/A
RIMA Senvest Cyprus GP Ltd.	N/A	N/A	N/A
Senvest Cyprus Recovery Investment Fund, LP	3.57%	N/A	3.57%
Senvest Master Fund, LP	4.49%	N/A	4.49%

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

12. Additional information xvi : 15,933,514 of the shares are held in by Senvest Cyprus Recovery Investment Fund, LP, a Cayman Islands exempted limited partnership. 20,042,682 are held by Senvest Master Fund, LP, a Cayman Islands exempted limited partnership. RIMA Senvest Cyprus GP Ltd. is the general partner of Senvest Cyprus Recovery Investment Fund, LP. RIMA Senvest Master Fund GP, LLC is the general partner of Senvest Master Fund, LP. Senvest Management, LLC is the investment manager of the Senvest Cyprus Recovery Investment Fund, LP and Senvest Master Fund LP.

 

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