8th May 2025 09:13
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BYYN4225
Issuer Name
HOSTELWORLD GROUP PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An event changing the breakdown of voting rights
3. Details of person subject to the notification obligation
Name
BGF Investment Management Limited
City of registered office (if applicable)
London
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
Name | City of registered office | Country of registered office |
Pershing Securities Limited (via Pershing Nominees Limited) | Liverpool | England |
5. Date on which the threshold was crossed or reached
01-May-2025
6. Date on which Issuer notified
07-May-2025
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 | 4.965000 | 0.000000 | 4.965000 | 6319111 |
Position of previous notification (if applicable) | 5.117000 | 0.000000 | 5.117000 |
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) |
Ordinary GB00BYYN4225 | 6319111 | 4.965000 | ||
Sub Total 8.A | 6319111 | 4.965000% |
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 |
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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 |
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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 |
BGF Group Plc | BGF Investment Management Limited | 4.965000 | 4.965000% | |
BGF Investment Management Limited | BGF Investments LP | 4.965000 | 4.965000% |
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
12. Date of Completion
07-May-2025
13. Place Of Completion
13-15 York Buildings, London, WC2N 6JU
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: Hostelworld Group plc | ||||
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 [●] An event changing the breakdown of voting rights [●] Other (please specify)iii: Following subscription of shares announced 02/05/2025 | ||||
3. Details of person subject to the notification obligationiv : | ||||
Name: BGF Investment Management Limited (a/c BGF Investments LP) | City and country of registered office (if applicable): London, England | |||
4. Full name of shareholder(s) (if different from 3.)v: Pershing Securities Limited (via Pershing Nominees Limited) | ||||
5. Date on which the threshold was crossed or reachedvi: 01/05/2025 | ||||
6. Date on which issuer notified: 07/05/2025 | ||||
7. Threshold(s) that is/are crossed or reached:
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8. Total positions of person(s) subject to the notification obligation: | ||||
% 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 | 4.965% | - | 4.965% | 127,277,323 |
Position of previous notification (if applicable) | 5.117% | - | 5.117% |
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 ofshares ISIN code (if possible) | Number of voting rightsix | % of voting rights | |||||||
Direct
|
Indirect
|
Direct
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Indirect
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Ordinary GB00BYYN4225 | 6,319,111 | 4.965% | |||||||
SUBTOTAL A | 6,319,111 | 4.965% | |||||||
B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations | |||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Periodxi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
SUBTOTAL B.1 | |||||||||
B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations | |||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Period xi | Physical or cash settlementxii | Number of voting rights | % of voting rights | ||||
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| 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 thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:
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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 |
BGF Group plc | 4.965% |
| 4.965% |
BGF Investment Management Limited | 4.965% |
| 4.965% |
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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:
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Done at London on 7th May 2025.
Related Shares:
Hostelworld