TR-1: Notification of major holdings

RNS Number : 2413I

Fresnillo PLC

13 April 2022

 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00B2QPKJ12

Issuer Name

FRESNILLO PLC

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

Other

Comments

Change of ultimate beneficial shareholder

3. Details of person subject to the notification obligation

Name

Industrias Peñoles S.A.B. de C.V.

City of registered office (if applicable)

Mexico City

Country of registered office (if applicable)

Mexico

Name	City of registered office	Country of registered office
BBVA México, S.A. Institución de Banca Múltiple, Grupo Financiero BBVA México ('BBVA') as fiduciary of the Trust F/32982-2 (the 'Baillères Family Trust')	Mexico	Mexico

4. Details of the shareholder

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

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

15-Mar-2022

6. Date on which Issuer notified

13-Apr-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	74.990000	0.000000	74.990000	552595191
Position of previous notification (if applicable)

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)
GB00B2QPKJ12	552595191	0	74.990000	0.000000
Sub Total 8.A	552595191		74.990000%

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
BBVA as fiduciary of the Baillères Family Trust, being Mr Alejandro Baillères the major beneficiary	Industrias Peñoles, S.A.B. de C.V.	74.990000	0.000000	74.990000%

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

BBVA as fiduciary of the Baillères Family Trust (the 'Trust') holds the majority interest in the issued share capital (and voting rights) in Industrias Peñoles S.A.B. de C.V., which holds 552,595,191 ordinary shares (74.99%) of the issued share capital of Fresnillo plc. Mr Alejandro Baillères, Non-Executive Chairman of Fresnillo plc, is the major beneficiary of the Trust.
The transaction described above was as a result of the probate arrangements in respect of Mr Alberto Baillères, which resulted in his entire shareholding in Industrias Peñoles S.A.B. de C.V. being transferred to the Trust. The interest of Industrias Peñoles S.A.B. de C.V., in Fresnillo plc remains unchanged.

12. Date of Completion

13-Apr-2022

13. Place Of Completion

Mexico

 

END

 

 

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