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Hibernia REIT plc (HBRN)

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Thursday 19 November, 2020

Hibernia REIT plc

Holding(s) in company

Hibernia REIT plc (HBRN)
Holding(s) in company

19-Nov-2020 / 10:31 GMT/BST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


Standard Form TR-1

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)i

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Hibernia REIT Plc

2. Reason for the notification (please tick the appropriate box or boxes):

[X] An acquisition or disposal of voting rights

[ ] 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: TIAA-CREF Investment Management, LLC behalf of the accounts listed in Exhibit B.

 

 

City and country of registered office (if applicable): 

TIAA-CREF Investment Management, LLC - New York, USA

 

4. Full name of shareholder(s) (if different from 3.)v: Same as 3

 

5. Date on which the threshold was crossed or reachedvi:  17 November 2020

 

6. Date on which issuer notified:  18 November 2020

 

7. Threshold(s) that is/are crossed or reached:  6%

 

8. Total positions of person(s) subject to the notification obligation: 46,035,501

 

% of voting rights attached to shares (total of 9.A)

% of voting rights through financial instruments
(total of 9.B.1 + 9.B.2)

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

6.958%

0%

6.958%

46,035,501

Position of previous notification (if applicable)

7.000% (46,489,653)

0%

7.000%

 

           

 

9. 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

 

 

Indirect

 

 

Direct

 

 

Indirect

 

IE00BGHQ1986

46,035,501

0.0

6.958%

0%

 

 

 

 

 

 

 

 

 

 

SUBTOTAL A

46,035,501

 

6.958%

 

 

B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations 

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

N/A

N/A

N/A

N/A

 

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL B.1

N/A

N/A

 

B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations

Type of financial instrument

Expiration
datex

Exercise/
Conversion Period xi

Physical or cash settlementxii

Number of voting rights

% of voting rights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL B.2

 

 

                     

 

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

 

[X ] 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 entity

 

The College Retirement Equities Fund ("CREF") hereby informs you that on November 17, 2020 CREF sold 454,152 shares of Hibernia REIT Plc brining its ownership to 46,035,501 voting shares equivalent to a 6.958% voting share ownership percentage. It is our understanding the total voting shares outstanding of Hibernia REIT Plc decreased from 661,975,019 to 661,656,792 on November 17, 2020.

For your information, CREF is a U.S. based investment company, which is registered with the Securities and Exchange Commission ("SEC").  CREF has multiple investment accounts, each with separate investment objectives and policies.  All assets in the accounts are beneficially owned by CREF, and all the accounts are managed by TIAA-CREF Investment Management, LLC ("TCIM"), an SEC registered investment adviser.

A total of 46,035,501 voting shares or 6.958% of the outstanding voting shares of Hibernia REIT Plc are owned, in aggregate, by CREF and these affiliated accounts.

 

Please see Exhibit A

 

 

Advisors 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

TIAA-CREF Investment Management LLC

6.958%

0.00%

6.958%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]  TIAA-CREF Investment Management, LLC will separately and independently vote all proxies for shares held in Hibernia REIT Plc.

 

 

 

 

12. Additional informationxvi: N/A

 

 


 

 

Done at Dublin on 19 November, 2020.

 



ISIN: IE00BGHQ1986
Category Code: HOL
TIDM: HBRN
LEI Code: 635400MHRA4QVVFTON18
OAM Categories: 2.3. Major shareholding notifications
Sequence No.: 88188
EQS News ID: 1149405

 
End of Announcement EQS News Service

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