Holding(s) in Company

ASA International Group PLC

12 July 2023

 

Press release

ASA International Group plc reports TR-1 notification of major holdings

London, United Kingdom / Amsterdam, The Netherlands, 12 July 2023 - In accordance with the requirements of DTR 5.8.12R(1), and in line with the RNS published on 10 July 2023, ASA International Group plc ('ASA International' or the 'Company'), is publishing the following TR-1 notification of major holdings in the Company it has received in respect of the Company's Shares.

Shareholders should refer to the Company's announcements regarding the total voting rights attributable to the Company's Shares to determine if they are required to notify their interests in, or a change to their interests in, the Shares under the FCA's Disclosure Guidance and Transparency Rules.

Enquiries:

ASA International Group plc

Investor Relations                                                                                          

Mischa Assink                                                                                    [e-mail]

About ASA International Group plc

ASA International Group plc (ASAI: LN) is one of the world's largest international microfinance institutions, with a strong commitment to financial inclusion and socioeconomic progress. The company provides small, socially responsible loans to low-income, financially underserved entrepreneurs, predominantly women, across South Asia, South East Asia, West and East Africa.

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BDFXHW57

Issuer Name

ASA INTERNATIONAL GROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Catalyst Microfinance Investors

City of registered office (if applicable)

Ebene

Country of registered office (if applicable)

Mauritius

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

07-Jul-2023

6. Date on which Issuer notified

12-Jul-2023

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	29.220000	0.000000	29.220000	29220000
Position of previous notification (if applicable)

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)
GB00BDFXHW57	29220000		29.220000
Sub Total 8.A	29220000		29.220000%

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
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
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
Dirk Brouwer (Chain 1)	CMIMC	19.319999		19.319999%
Dirk Brouwer (Chain 1)	Catalyst Microfinance Investors	29.220000		29.220000%
Dirk Brouwer (Chain 2)	CMIMC	19.319999		19.319999%
Dirk Brouwer (Chain 2)	Catalyst Continuity	17.110000		17.110000%

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

As a result of the aforementioned transactions, the ultimate shareholding percentage of Dirk Brouwer in ASA International reduced from 20.3% to 19.3% .

12. Date of Completion

12-Jul-2023

13. Place Of Completion

Amsterdam

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BDFXHW57

Issuer Name

ASA INTERNATIONAL GROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Catalyst Continuity

City of registered office (if applicable)

Ebene

Country of registered office (if applicable)

Mauritius

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

07-Jul-2023

6. Date on which Issuer notified

12-Jul-2023

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	17.110000	0.000000	17.110000	17110000
Position of previous notification (if applicable)

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)
GB00BDFXHW57	17110000		17.110000
Sub Total 8.A	17110000		17.110000%

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
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
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
Dirk Brouwer (Chain 1)	CMIMC	19.319999		19.319999%
Dirk Brouwer (Chain 1)	Catalyst Continuity	17.110000		17.110000%
Dirk Brouwer (Chain 2)	CMIMC	19.319999		19.319999%
Dirk Brouwer (Chain 2)	Catalyst Microfinance Investors	29.220000		29.220000%

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

As a result of the aforementioned transactions, the ultimate shareholding percentage of Dirk Brouwer in ASA International reduced from 20.3% to 19.3% .

12. Date of Completion

12-Jul-2023

13. Place Of Completion

Amsterdam

 

END