Holding(s) in Company

Chesnara PLC

21 April 2023

 

LEI Number: 213800VFRMBRTSZ3SJ06

21^st April 2023

CHESNARA plc (CSN.L)

("Chesnara" or "the Company")

NOTIFICATION OF MAJOR HOLDINGS

1. Issuer Details

ISIN

GB00B00FPT80

Issuer Name

CHESNARA PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights. Transfer out of shares and voting rights in Chesnara plc by a managed fund.

3. Details of person subject to the notification obligation

Name

Canaccord Genuity Group Inc

City of registered office (if applicable)

Vancouver

Country of registered office (if applicable)

Canada

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

Discretionary Clients

City of registered office (if applicable)

Vancouver

Country of registered office (if applicable)

Canada

5. Date on which the threshold was crossed or reached

18-April-2023

6. Date on which Issuer notified

20-April-2023

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	4.7463	0.000000	4.7463	7,137,946
Position of previous notification (if applicable)	5.0332	0.000000	5.0332

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)
GB00B00FPT80		7,137,946		4.7463
Sub Total 8.A	7,137,946		4.7463

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
	Canaccord Genuity Group Inc.	4.7463		4.7463
	Canaccord Genuity Wealth Group Holdings Limited	4.7463		4.7463
	Canaccord Genuity Wealth Group Holdings (Jersey) Limited	4.7463		4.7463
	Canaccord Genuity Wealth (International) Holdings Limited	0.0230		0.0230
	Canaccord Genuity Wealth (International) Limited	0.0230		0.0230
	Canaccord Genuity Wealth Group Limited	4.7233		4.7233
	Canaccord Genuity Wealth Group Limited	0.0687		0.0687
	Canaccord Genuity Asset Management Limited (formerly Hargreave Hale Limited)	4.6546		4.6546

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

12. Date of Completion

20-April-2023

13. Place Of Completion

Blackpool, England

The above notification is made in accordance with the requirements of the EU Market Abuse Regulation and FCA's Disclosure and Transparency Rules sourcebook.

For further information, please contact:

Investor Enquiries

Sam Perowne

Head of Strategic Development & Investor Relations

Chesnara plc

E - [e-mail]

Media Enquiries

Roddy Watt

Director, Capital Markets

FWD

T - 020 7280 0651 / 07714 770 493 

E - [e-mail]

Notes to Editors

Chesnara (CSN.L) is a European life and pensions consolidator listed on the London Stock Exchange.  It administers approximately one million policies and operates as Countrywide Assured and CASLP in the UK, as The Waard Group and Scildon in the Netherlands, and as Movestic in Sweden.

Following a three pillar strategy, Chesnara's primary responsibility is the efficient administration of its customers' life and savings policies, ensuring good customer outcomes and providing a secure and compliant environment to protect policyholder interests. It also adds value by writing profitable new business in Sweden and the Netherlands and by undertaking value-adding acquisitions of either companies or portfolios.

Consistent delivery of the Company strategy has enabled Chesnara to increase its dividend for 18 years in succession. Further details are available on the Company's website (www.chesnara.co.uk).

Further details are available on the Company's website (www.chesnara.co.uk).

 

END