TR1 Major Holdings Notification -Senvest

RNS Number : 1268C
Bank of Cyprus Holdings PLC
18 February 2022
 

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 ofIreland)I


2.Reasonforthenotification (pleaseticktheappropriatebox or boxes):

[√]Anacquisitionordisposalofvotingrights*

[ ] An acquisition or disposal of financial instruments[ ] An event changing the breakdown of voting rights[]Other(please specify)iii:

3. Detailsofpersonsubjecttothenotificationobligation iv :

Name:

 

(1) SenvestCyprusRecoveryInvestmentFund,LP

(2) RIMASenvest CyprusGPLtd.

 

(3) SenvestManagement,LLC

 

(4) SenvestMaster Fund, LP

 

(5) RIMASenvestMaster FundGP,LLC

 

 

 

Cityandcountryofregisteredoffice(ifapplicable):(1),(2)and(4) Grand Cayman,CaymanIslands

(3)and(5)Delaware, UnitedStatesofAmerica

5. Dateonwhichthethresholdwas crossedorreached vi : 16 February 2022

6. Dateonwhichissuernotified: 17 February 2022

7.Threshold(s)thatis/are crossedorreached: Above6%

 

 

*See section 12


8.Totalpositionsofperson(s)subjecttothenotificationobligation:


% of voting rightsattachedtoshares(totalof9.A)

%ofvotingrightsthrough financialinstruments

(totalof9.B.1+9.B.2)

 

Totalofbothin%(9.A+ 9.B)

Totalnumberofvoting rights ofissuer vii

Resulting situationonthedateonwhichthreshold wascrossedor reached

 

6.01%

 

N/A

 

6.01%

 

446,199,933

Positionofpreviousnotification (ifapplicable)

5.01%

N/A

5.01%


 

 

9.Notified detailsofthe resultingsituationonthedateonwhichthethresholdwascrossedor

reached viii :

A:Votingrights attached toshares

Class/type ofshares

ISINcode(ifpossible)

Numberof votingrights ix

%of voting rights

 

Direct

 

Indirect

 

Direct

 

Indirect

IE00BD5B1Y92

26.837.132


6.01%

-











SUBTOTALA

26.837.132

6.01%


B1:FinancialInstrumentsaccordingtoRegulation17(1)(a)oftheRegulations

 

Typeoffinancialinstrument

 

Expiration date x

 

Exercise/ConversionPeriod xi

Number of votingrightsthatmaybeacquirediftheinstrumentis

exercised/converted.

 

 

%of voting rights

N/A

N/A

N/A

N/A

N/A












SUBTOTALB.1




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

Typeoffinancialinstrument

Expiration date x

Exercise/Conversion

Period xi

Physical orcash

settlement xii

Number ofvotingrights

 

%of voting rights




















SUBTOTALB.2



 

 

10. Information in relation to the person subject to the notification obligation (please tick theapplicablebox) :

 

[ ] Person subject to the notification obligation is not controlled by any natural person or legalentityanddoesnot controlanyotherundertaking(s) holdingdirectlyorindirectlyaninterestinthe(underlying)issuer. xiii

 

[√] Fullchainofcontrolledundertakingsthroughwhichthevotingrights and/orthe

financialinstrumentsare effectivelyheldstartingwiththeultimatecontrollingnaturalpersonorlegalentity xiv :

 

 

Name xv

 

% of voting rights if itequalsorishigherthanthenotifiablethreshold

% of voting rightsthrough financialinstrumentsifitequalsor is higher than thenotifiablethreshold

 

Totalofbothifitequalsor is higher than thenotifiablethreshold

Senvest Management,LLC

N/A

N/A

N/A

RIMA Senvest CyprusGPLtd.

N/A

N/A

N/A

Senvest CyprusRecovery InvestmentFund,LP

3.67%

N/A

3.67%

Senvest Master Fund,LP

2.34%

N/A

2.34%






 

 

 

 

11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] votingrightsas of[date] N/A


12.Additionalinformation xvi :

 

16,383,514 of the shares are held in by Senvest Cyprus Recovery Investment Fund, LP, a Cayman Islandsexemptedlimitedpartnership.

 

10.453.618areheld bySenvestMasterFund,LP,aCaymanIslandsexemptedlimitedpartnership.

 

RIMA Senvest Cyprus GP Ltd. is the general partner of Senvest Cyprus Recovery Investment Fund, LP.RIMASenvestMasterFundGP,LLCis thegeneralpartnerofSenvestMasterFund,LP.

SenvestManagement, LLCistheinvestmentmanager oftheSenvestCyprus RecoveryInvestment Fund,

LPand SenvestMasterFund LP.

 

 

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