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Aston Martin Lagonda Global Holdings PLC

Aston Martin Lagonda - Holding(s) in Company

RNS Number : 9038R
Aston Martin Lagonda Global Hld PLC
02 July 2020
 

TR-1: Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i


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

Aston Martin Lagonda Global Holdings plc

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK issuer


2. Reason for the notification (please mark the appropriate box or boxes with an "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 obligationiv

Name

Yew Tree Overseas Limited

City and country of registered office (if applicable)

Tortola, British Virgin Islands

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

Name

Securities Services Nominees Limited

City and country of registered office (if applicable)

London, United Kingdom

5. Date on which the threshold was crossed or reachedvi:

2 July 2020

6. Date on which issuer notified (DD/MM/YYYY):

2 July 2020

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 of issuervii

Resulting situation on the date on which threshold was crossed or reached

19.80%

N/A

19.80%

361,187,730

Position of previous notification (if

applicable)

20.14%

N/A

20.14%


 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00BFXZC448

N/A

361,187,730

N/A

19.80%











SUBTOTAL 8. A

361,187,730

19.80%

 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights


















SUBTOTAL 8. B 1



 

 

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights






















SUBTOTAL 8.B.2



 

 

 

 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

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) issuerxiii


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 (please add additional rows as necessary)

X

Namexv

% 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

Lawrence Stroll

24.99%

N/A

24.99%

MSM Trust Corporation as trustee of

The Wellington Trust

19.80%

N/A

19.80%

Flair Investment

Holdings Limited

19.80%

N/A

19.80%

Elevage Limited

19.80%

N/A

19.80%

Yew Tree Overseas Limited

19.80%

N/A

19.80%

Securities Services Nominees Limited

21.53%

N/A

21.53%


10. In case of proxy voting, please identify:

Name of the proxy holder


The number and % of voting rights held


The date until which the voting rights will be held



11. Additional informationxvi

Pursuant to the irrevocable undertaking given by Yew Tree Overseas Limited ("Yew Tree") on 26 June 2020, Yew Tree agreed to subscribe for 24.99 per cent. of new ordinary shares (the "Placing Shares") to be issued by Aston Martin Lagonda Global Holdings plc ("AML") under the placing announced by AML on 26 June 2020.

 

As set out in the announcement of the placing published by AML on 26 June 2020, Yew Tree agreed to transfer approximately 30 per cent. of the Placing Shares to other members of the consortium of AML shareholders led by Yew Tree, being Saint James Invest SA, J.C.B. Research, RRRR Investments LLC, FrancInvest Holding Corporation, Omega Funds I Limited and ErsteAM Ltd (the "Consortium Members"). The change in Yew Tree's indirect percentage holding of voting rights in AML detailed in this notification is as a result of these agreed transfers of part of the Placing Shares to the other Consortium Members having taken place.

 

The Consortium Members have given personal undertakings to Lawrence Stroll that they will exercise the voting rights attaching to the shares in AML directly or indirectly held by them in accordance with Lawrence Stroll's instructions. Lawrence Stroll therefore indirectly holds the voting rights attaching to the shares in AML directly and indirectly held by the Consortium Members.

 

Securities Services Nominees Limited holds a number of shares AML as nominee for other shareholders in addition to the shares it holds in its capacity as nominee for Yew Tree, hence the discrepancy between the percentages of voting rights held by Securities Services Nominees Limited and Yew Tree in Box 9 above.

 

 

Place of completion

London, United Kingdom

Date of completion

2 July 2020

 


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