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Holding(s) in Company

23rd Mar 2021 12:40

RNS Number : 2143T
Dev Clever Holdings PLC
23 March 2021
 

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)

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

DEV CLEVER HOLDINGS 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):

3. Details of person subject to the notification obligation

Name

Sitius Ltd

City and country of registered office (if applicable)

Gibraltar

4. Full name of shareholder(s) (if different from 3.)

Name

City and country of registered office (if applicable)

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

18/03/2021

6. Date on which issuer notified (DD/MM/YYYY):

19/03/2021

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 issuervii

Resulting situation on the date on which threshold was crossed or reached

10.90%

1.74%

12.64%

573,584,189

Position of previous notification (if

applicable)

8.31%

1.96%

10.27%

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rights

% of voting rights

Direct

(DTR5.1)

Indirect

 (DTR5.2.1)

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

GB00BH452L44

62,500,000

N/A

10.90%

N/A

SUBTOTAL 8. A

62,500,000

10.90%

 

 

B 1: Financial Instruments according to DTR5.3.1R (1) (a)

Type of financial instrument

Expirationdate

Exercise/Conversion Period

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

Option

25/02/2023

£0.25

5,000,000

0.87%

Option

25/02/2023

£0.25

5,000,000

0.87%

SUBTOTAL 8. B 1

10,000,000

1.74%

 

 

B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)

Type of financial instrument

Expirationdate

Exercise/Conversion Period

Physical or cash

settlement

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 thefinancial 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

David Von Rosen

Sitius Ltd

10.90%

1.74%

12.64%

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

David Von Rosen is the ultimate beneficial owner of Sitius Ltd. Sitius Ltd holds 10.90% of the issued share capital of the issuer. In respect of the options here notified, if they were exercised Sitius Ltd would own 12.64% of the current issued share capital of the issuer. David Von Rosen also holds 11,780,475 ordinary shares in the issuer in his own name, representing 2.05% of the current issued share capital of the issuer, for a total interest of 14.69%.

 

 

Place of completion

Gibraltar

Date of completion

19 March 2021

 

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END
 
 
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