TIDMGLV TIDM84JL

RNS Number : 3875T

Glenveagh Properties PLC

24 March 2021

Standard Form TR-1

S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the Central Bank of Ireland) (i) 
 
 1. Identity of the issuer or the underlying issuer of existing shares 
  to which voting rights are attached (ii) : 
  GLENVEAGH PROPERTIES PLC 
 2. Reason for the notification (please tick the appropriate box or boxes): 
  [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)(iii) : 
 3. Details of person subject to the notification obligation (iv) : 
 Name:                                         City and country of registered office (if 
  Bank of America Corporation                   applicable): 
                                                Wilmington, DE, United States 
                                              ------------------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.)(v) : Merrill Lynch 
  International, UK 
 5. Date on which the threshold was crossed or reached (vi) : 19/03/2021 
 6. Date on which issuer notified: 23/03/2021 
 7. Threshold(s) that is/are crossed or reached: 
 
  5% 
 8. Total positions of person(s) subject to the notification obligation: 
                           % of voting         % of voting rights   Total of both   Total number 
                            rights attached     through financial    in % (9.A +     of voting rights 
                            to shares (total    instruments          9.B)            of issuer(vii) 
                            of 9.A)             (total of 9.B.1 
                                                + 9.B.2) 
                          ------------------  -------------------  --------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached               5.679%              0.317%               5.996%          871,333,550 
                          ------------------  -------------------  --------------  ------------------ 
 Position of 
  previous notification 
  (if applicable)          5.685%              0.325%               6.009% 
                          ------------------  -------------------  --------------  ------------------ 
 
 
 9. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached (viii) : 
 A: Voting rights attached to shares 
 Class/type            Number of voting rights (ix)                    % of voting rights 
  of 
  shares 
  ISIN code (if 
  possible) 
 
                               Direct                 Indirect                    Direct                Indirect 
                                              ---------------------- 
 IE00BD6JX574          0                       49,482,979              0%                           5.679% 
                      ----------------------  ----------------------  ---------------------------  ---------------- 
 SUBTOTAL A                                    49,482,979                                           5.679% 
                      ----------------------  ----------------------  ---------------------------  ---------------- 
 
 B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations 
 Type of financial         Expiration    Exercise/                     Number of voting             % of voting 
  instrument                date (x)      Conversion Period             rights that may              rights 
                                          (xi)                          be acquired if 
                                                                        the instrument 
                                                                        is exercised/converted. 
                          ------------  ----------------------------  ---------------------------  ---------------- 
 Right to Recall           N/A           N/A                           72,876                       0.008% 
                          ------------  ----------------------------  ---------------------------  ---------------- 
                                         SUBTOTAL B.1                  72,876                       0.008% 
                                        ----------------------------  ---------------------------  ---------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Regulation 17(1)(b) of the Regulations 
 Type of financial     Expiration        Exercise/        Physical or              Number           % of voting 
  instrument            date (x)          Conversion       cash settlement          of voting        rights 
                                          Period (xi)      (xii)                    rights 
                      ----------------  ---------------  -----------------------  --------------- 
 Swaps                 19/04/2021        N/A              Cash                     2,000,000        0.230% 
                      ----------------  ---------------  -----------------------  --------------- 
 Swaps                 31/01/2022        N/A              Cash                     2,470            0.000% 
                      ----------------  ---------------  -----------------------  --------------- 
 Swaps                 31/03/2022        N/A              Cash                     686,602          0.079% 
                      ----------------  ---------------  -----------------------  --------------- 
 Swaps                 15/09/2022        N/A              Cash                     27               0.000% 
                      ----------------  ---------------  -----------------------  --------------- 
 Swaps                 16/11/2022        N/A              Cash                     2,241            0.000% 
                      ----------------  ---------------  -----------------------  --------------- 
                                                          SUBTOTAL B.2             2,691,340        0.309% 
                                                         -----------------------  --------------- 
 
 
 
 10. Information in relation to the person subject to the notification 
  obligation (please tick the applicable box): 
 
  [ ] 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) 
  issuer. (xiii) 
 
  [X ] 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 entity (xiv) : 
 Name (xv)                       % of voting rights      % of voting rights     Total of both if 
                                  if it equals or         through financial      it equals or is 
                                  is higher than the      instruments if it      higher than the 
                                  notifiable threshold    equals or is higher    notifiable threshold 
                                                          than the notifiable 
                                                          threshold 
                                ----------------------  ---------------------  ---------------------- 
 Bank of America                 N/A                     N/A                    N/A 
  Corporation 
                                ----------------------  ---------------------  ---------------------- 
 NB Holdings Corporation         N/A                     N/A                    N/A 
                                ----------------------  ---------------------  ---------------------- 
 BofAML Jersey Holdings          N/A                     N/A                    N/A 
  Limited 
                                ----------------------  ---------------------  ---------------------- 
 BofAML EMEA Holdings            N/A                     N/A                    N/A 
  2 Limited 
                                ----------------------  ---------------------  ---------------------- 
 ML UK Capital Holdings          N/A                     N/A                    N/A 
  Limited 
                                ----------------------  ---------------------  ---------------------- 
 Merrill Lynch International     5.678%                  N/A                    5.987% 
                                ----------------------  ---------------------  ---------------------- 
 
 Bank of America                 N/A                     N/A                    N/A 
  Corporation 
                                ----------------------  ---------------------  ---------------------- 
 NB Holdings Corporation         N/A                     N/A                    N/A 
                                ----------------------  ---------------------  ---------------------- 
 Merrill Lynch International,    N/A                     N/A                    N/A 
  L.L.C. 
                                ----------------------  ---------------------  ---------------------- 
 Merrill Lynch Group             N/A                     N/A                    N/A 
  Holdings I, L.L.C. 
                                ----------------------  ---------------------  ---------------------- 
 BofA Securities                 N/A                     N/A                    N/A 
  Europe SA 
                                ----------------------  ---------------------  ---------------------- 
 
 11. In case of proxy voting: [name of the proxy holder] will cease to 
  hold [% and number] voting rights as of [date] 
 
 12. Additional information (xvi) : 
 

Done at United Kingdom on 23(rd) March 2021.

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