Holding(s) in Company

RNS Number : 5097T

Hyve Group PLC

24 November 2021

 

TR-1:   Standard   form for notification of major holdings

1. Issuer Details

ISIN

GB00BKP36R26

Issuer   Name

HYVE   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

Strategic   Value Partners, LLC

City of registered office (if applicable)

Country of registered office (if applicable)

US

Name	City ofregisteredoffice	Country ofregisteredoffice
Strategic ValuePartners,LLC	Wilmington, Delaware	UnitedStates

4. Details of the shareholder

Name	City ofregisteredoffice	Country of registered office
Strategic ValueSpecialSituations Master FundV,L.P.	Cayman Islands	Cayman Islands
Strategic ValueDislocationMaster Fund,L.P.	Cayman Islands	Cayman Islands
Strategic ValueOpportunitiesFund, L.P.	Cayman Islands	Cayman Islands
Strategic ValueSpecialSituations Master FundIV,L.P.	Cayman Islands	Cayman Islands

5. Date on which the threshold was crossed or reached

22-Nov-2021

6. Date on which Issuer notified

24-Nov-2021

7. Total positions of person(s) subject to the notification

	%ofvoting rightsattachedto shares (totalof 8.A)	%ofvotingrightsthroughfinancial instruments  (totalof8.B1+ 8.B2)	Totalofbothin % (8.A +8.B)	Totalnumberof votingrights held in issuer
Resulting situation onthe date onwhich threshold was crossedor reached	16.250000	0.000000	16.250000	47380421
Position of previous notification (if applicable)	13.050000	0.000000	13.050000

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 votingrights (DTR5.1)	Number of indirect votingrights (DTR5.2.1)	%ofdirect votingrights (DTR5.1)	%ofindirectvoting rights (DTR5.2.1)
GB00BKP36R26		47380421			16.250000
Sub Total 8.A	47380421		16.250000%

8B1.   Financial   Instruments according to (DTR5.3.1R.(1) (a))  

Type offinancial instrument	Expiration date	Exercise/conversion period	Number ofvotingrightsthatmay be acquired ifthe instrument isexercised/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 orcashsettlement	Number of votingrights	%ofvoting 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 ofcontrolledundertaking	%ofvoting rightsifit equalsorishigherthanthenotifiable threshold	%ofvoting rightsthrough financial instrumentsifit equals orishigherthanthenotifiable threshold	Totalofbothifit equals orishigherthanthenotifiable threshold
Strategic Value Partners, LLC	Strategic ValueSpecial Situations Master Fund V,L.P.	9.020000	0.000000	9.020000%
Strategic Value Partners, LLC	Strategic ValueSpecial Situations Master Fund IV,L.P.			0.000000%
Strategic Value Partners, LLC	Strategic Value Opportunities Fund,L.P.			0.000000%
Strategic Value Partners, LLC	Strategic Value Dislocation Master Fund, L.P.			0.000000%
Strategic Value Partners, LLC		16.250000		16.250000%

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

Strategic   Value Partners, LLC is (i) the managing member of SVP Special   Situations   IV LLC, 

which   is  the investment manager of Strategic Value   Special   Situations Master Fund IV, L.P.; 
(ii) the managing member of SVP   Special   Situations III-A LLC, which is the investment manager of Strategic   Value Opportunities Fund, L.P., (iii) the 
managing member of SVP   Dislocation   LLC, which is the investment manager of Strategic 
Value   Dislocation   Master Fund, L.P., and (iv) the managing member of SVP   Special   Situations
 IV LLC, which is the investment manager of Strategic   Value Special Situations Master Fund V, L.P.

12. Date of Completion

24-Nov-2021

13. Place Of Completion

Greenwich,   CT

 

END

 

 

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