Holding(s) in Company

RNS Number : 9527E

Boston International Holdings PLC

12 July 2021

 

For immediate release

12 July 2021

Boston International Holdings plc

("BIH" or "the Company")

Holding(s) in Company

The Company announces that it has received the following TR-1 notification which is set out below without amendment.

For more information, please  contact:-

Boston International Holdings Plc
Christopher Pitman, Chairman	[phone]
Beaumont Cornish Limited (Financial Adviser)
Roland Cornish	[phone]
Peterhouse Capital Limited (Broker)
Lucy Williams / Duncan Vasey / Eran Zucker	[phone]

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 :			Boston International Holdings 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						X
An event changing the breakdown of voting rights
Other (please specify) iii:
3. Details of person subject to the notification obligation iv
Name			Emirates Fund Exchange PLTD
City and country of registered office (if applicable)			Sofia, Bulgaria
4. Full name of shareholder(s) (if different from 3.) v
Name			Paul Belogour
City and country of registered office (if applicable)			Sofia, Bulgaria
5. Date on which the threshold was crossed or reached vi :			8 July 2021
6. Date on which issuer notified (DD/MM/YYYY):			8 July 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 held in issuer (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached	0%	18.44%		18.44%	8,100,000
Position of previous notification (if applicable)	0%	6.83%		6.83%

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 (DTR5.1)		Indirect  (DTR5.2.1)			Direct (DTR5.1)		Indirect (DTR5.2.1)
GB00BD70S874		0					0
SUBTOTAL 8. A		0					0%
B 1: Financial Instruments according to DTR5.3.1R (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
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (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
Convertible Loan Note	30 March 2022		The earlier of (1) the publication of a prospectus which would cover the issue and allotment of the Ordinary Shares pursuant to the conversion of the Convertible Loan Notes; or (2) the completion of a reverse transaction and relisting of the Company onto a recognised stock exchange.		Physical			3,000,000	6.83%
Convertible Loan Note	30 September 2022		The earlier of (1) the publication of a prospectus which would cover the issue and allotment of the Ordinary Shares pursuant to the conversion of the Convertible Loan Notes; or (2) the completion of a reverse transaction and relisting of the Company onto a recognised stock exchange.		Physical			5,100,000	11.61%
					SUBTOTAL 8.B.2			8,100,000	18.44%

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				X
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 (please add additional rows as necessary) 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
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
11. Additional information xvi
Having reviewed the form after submission it appears the 5.1m shares (11.61%), which were subject to this transaction, were not included under position of previous notification. It looks as if the overall percentage holding has increased from 6.83% to 18.44, but it remains the same as total shares subject to this transaction and the previous are the same in number as in the previous notice regarding 3m shares.

Place of completion	Sofia, Bulgaria
Date of completion	8 July 2021

 

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