Holding(s) in Company

RNS Number : 8277L

Sabien Technology Group PLC

10 September 2019

 

For immediate release

10 September 2019

Sabien Technology Group plc
("Sabien" or the "Company")

Holding(s) in Company

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

A copy of this announcement is available on the Company's website at http://www.sabien-tech.co.uk

For further information please contact:

Sabien Technology Group plc       Alan O'Brien	[phone]
Beaumont Cornish Limited (Nominated Advisor) Michael Cornish and Roland Cornish      www.beaumontcornish.com	[phone]
Peterhouse Capital Limited (Broker) Duncan Vasey and Lucy Williams	[phone]

This announcement is inside information for the purposes of Article 7 of Regulation 596/20014. The person who arranged for the release of this announcement on behalf of the Company was Alan O'Brien, Chief Executive Officer.

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:			Sabien Technology Group 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			Fiordland GP Limited in its capacity as General Partner to Truell Intergenerational Family Limited Partnership Incorporated (TIG)
City and country of registered office (if applicable)			St Peter Port, Guernsey
4. Full name of shareholder(s) (if different from 3.)v
Name			Truell Intergenerational Family Limited Partnership Incorporated (TIGFLP)
City and country of registered office (if applicable)			St Peter Port, Guernsey
5. Date on which the threshold was crossed or reachedvi:			10th September 2019
6. Date on which issuer notified (DD/MM/YYYY):			10th September 2019
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	25.00%			25.00%	1,187,006,490
Position of previous notification (if applicable)

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)
GB00B1FPCD38		296,751,623 (TIGFLP)
SUBTOTAL 8. A		296,751,623					25.00%
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
			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
					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
TIGFLP is a limited partnership in Guernsey. Fiordland GP Limited is TIGFLP's general partner.  The Directors of Fiordland GP Limited are Cedriane de Boucaud Truell, Edmund Truell and John Loveless. TIGFLP's limited partners comprise of Robert Charles Truell, Matthew Thomas Truell, Michael Mark Truell, and James Peter Truell.	0	0	0
TIG	25.00%	0	25.00%
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 informationxvi

Place of completion	Guernsey, Channel Islands
Date of completion	10th September 2019

 

END

 

 

HOLGGUCABUPBUBU