RNS Number : 4597Q
On the Beach Group PLC
17 December 2024
 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

 


1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are attached: ii

On The Beach Group plc

 

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments


An event changing the breakdown of voting rights


Other (please specify):



3. Full name of person(s) subject to the
notification obligation: iii

Hawksford Trustees Jersey Limited (as trustees of the SC  2014 Settlement)

 

 

4. Full name of shareholder(s)
 (if different from 3.):iv


5. Date of the transaction and date on
which the threshold is crossed or
reached: v

12 December 2024

6. Date on which issuer notified:

16 December 2024

7. Threshold(s) that is/are crossed or
reached: vi, vii

6%, 5%


 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


 if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00BYM1K758

10,427,589

10,427,589

7,427,589

7,427,589


4.45%




B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date xiii

Exercise/
Conversion Period xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights







C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

7,427,589

4.45%


 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi

 

Hawksford Trustees Jersey Limited holds the voting rights as trustees of the SC 2014 Settlement.

 

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will cease
to hold:

N/A

12. Date on which proxy holder will cease to hold
voting rights:

N/A



13. Additional information:



14. Contact name:

David Carswell and Kay Bougeard

15. Contact telephone number:

01534 740152 / 01534 740244

 

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