Holding(s) in Company

RNS Number : 3490U

AssetCo PLC

27 March 2023

 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BQ2K3557

Issuer Name

ASSETCO PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

Other

Comments

See additional information

3. Details of person subject to the notification obligation

Name

UIL Limited

City of registered office (if applicable)

Bermuda, Hamilton

Country of registered office (if applicable)

Bermuda

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

23-Mar-2023

6. Date on which Issuer notified

23-Mar-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	5.080000	0.000000	5.080000	7170960
Position of previous notification (if applicable)	4.980000	0.000000	4.980000	7170960

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)
GB00BQ2K3557	7170960		5.080000
Sub Total 8.A	7170960		5.080000%

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
Somers Isle Private Trust, Trustee of HH Stephens No 1 Trust, 100% of General Provincial Life Pension Fund Limited (65.42% of UIL Limited) and 100% of Union Mutual Pension fund Limited (9.16% of UIL Limited)	UIL Limited	5.080000		5.080000%

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

On 17 October 2022, UIL Limited ("UIL") had a disclosure obligation when, due to an event changing the breakdown of voting rights (transaction in own shares), UIL's holding increased to 5.02%. However, due to an administrative oversight such notification was not made at that time. The holding stated above is the holding of UIL as at the date of this notification.

12. Date of Completion

23/03/2023

13. Place Of Completion

Bermuda

 

END

 

 

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