TR-1: Notification of Major Holdings

RNS Number : 0880A

Kin and Carta PLC

16 January 2020

 

TR-1: Standard 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 attachedii:			Kin and Carta 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
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name			Kabouter Management, LLC
City and country of registered office (if applicable)			Chicago, United States
4. Full name of shareholder(s) (if different from 3.)v
Name			Kabouter Fund I (QP), LLC Kabouter Fund II, LLC Kabouter Fund III, LLC
City and country of registered office (if applicable)			Chicago, United States
5. Date on which the threshold was crossed or reachedvi:			13 January 2020
6. Date on which issuer notified (DD/MM/YYYY):			14 January 2020
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 of issuervii
Resulting situation on the date on which threshold was crossed or reached	6.11%	-		6.11%	168,669,421
Position of previous notification (if applicable)	5.10%	-		5.10%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rightsix					% of voting rights
		Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)			Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Ordinary shares ISIN: GB0007689002				10,305,302					6.11%
SUBTOTAL 8. A		10,305,302					6.11%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument		Expiration datex	Exercise/ Conversion Periodxi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
N.A.
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration datex		Exercise/ Conversion Period xi		Physical or cash settlementxii			Number of voting rights	% of voting rights
N.A.
					SUBTOTAL 8.B.2

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) issuerxiii
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 entityxiv (please add additional rows as necessary)				X
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
Peter Zaldivar
Kabouter Holdings Inc.
Kabouter Management, LLC
Kabouter Fund I (QP), LLC	3.26%	-	3.26%
Peter Zaldivar
Kabouter Holdings Inc.
Kabouter Management, LLC
Kabouter Fund II, LLC
Peter Zaldivar
Kabouter Holdings Inc.
Kabouter Management, LLC
Kabouter Fund III, LLC
10. In case of proxy voting, please identify:
Name of the proxy holder		N.A.
The number and % of voting rights held		N.A.
The date until which the voting rights will be held		N.A.
11. Additional informationxvi
Peter Zaldivar is the majority stockholder in Kabouter Holdings Inc., which is the holding company of Kabouter Management, LLC.  Kabouter Management, LLC acts as the investment adviser to Kabouter Fund I (QP), LLC, Kabouter Fund II, LLC, and Kabouter Fund III, LLC.

Place of completion	Chicago, United States
Date of completion	14 January 2020

 

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