Standard Form TR-1
Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer) |
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Greencoat Renewables PLC ("GRP") |
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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 [ X] An event changing the breakdown of voting rights [ ] Other (please specify)iii:
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3. Details of person subject to the notification obligationiv : |
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Name: National Treasury Management Agency (the "NTMA") Ireland Strategic Investment Fund (the "ISIF") Minister for Finance of Ireland |
City and country of registered office (if applicable): Treasury Building, Grand Canal Street, Dublin 2, Ireland, D02 XN96 |
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4. Full name of shareholder(s) (if different from 3.)v: National Treasury Management Agency, as controller and manager of the Ireland Strategic Investment Fund |
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5. Date on which the threshold was crossed or reachedvi: 29th March 2019 |
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6. Date on which issuer notified: 2nd April 2019 |
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7. Threshold(s) that is/are crossed or reached: The NTMA's' percentage of voting rights in GRP has decreased from 20% to 14.6%/ Each 1% threshold from 20% down to 14% has been crossed.
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8. Total positions of person(s) subject to the notification obligation: |
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% of voting rights attached to shares (total of 9.A) |
% of voting rights through financial instruments |
Total of both in % (9.A + 9.B) |
Total number of voting rights of issuervii |
Resulting situation on the date on which threshold was crossed or reached |
14.6% |
0% |
14.6% |
520,000,000 |
Position of previous notification (if applicable) |
20% |
0% |
20% |
380,000,000 |
9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii: |
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A: Voting rights attached to shares |
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Class/type of ISIN code (if possible) |
Number of voting rightsix |
% of voting rights |
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Direct
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Indirect
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Direct
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Indirect
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Ordinary shares |
NIL |
76,000,000 |
NIL |
14.6% |
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SUBTOTAL A |
NIL |
76,000,000 |
NIL |
14.6% |
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B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations |
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Type of financial instrument |
Expiration |
Exercise/ |
Number of voting rights that may be acquired if the instrument is exercised/converted. |
% of voting rights |
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N/A |
N/A |
N/A |
N/A |
N/A |
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SUBTOTAL B.1 |
N/A |
N/A |
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B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations |
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Type of financial instrument |
Expiration |
Exercise/ |
Physical or cash settlementxii |
Number of voting rights |
% of voting rights |
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N/A |
N/A |
N/A |
N/A |
N/A |
N/A |
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SUBTOTAL B.2 |
N/A |
N/A |
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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
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Namexv |
% 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 |
NTMA as controller and manager of ISIF |
14.6% |
0% |
14.6% |
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11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date] N/A
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12. Additional informationxvi: Ordinary shares of Greencoat Renewables PLC owned indirectly by the NTMA, as controller and manager of the ISIF, is held in the name of BNY Custodial Nominees (Ireland) Limited (Participant AI0A1). .
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Done at Dublin on 2nd April 2019.