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Holding(s) in Company

17 Apr 2020 14:14

RNS Number : 0808K
Aston Martin Lagonda Global Hld PLC
17 April 2020
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TR-1: Standard form for notification of major holdings

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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:

15 April 2020

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

17 April 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

21.76%

N/A

21.76%

66,144,930

Position of previous notification (if

applicable)

24.99%

N/A

24.99%

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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 ofshares

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

66,144,930

N/A

21.76%

SUBTOTAL 8. A

66,144,930

21.76%

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

Type of financial instrument

Expirationdatex

Exercise/Conversion Periodxi

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

exercised/converted.

% of voting rights

SUBTOTAL 8. B 1

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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

Expirationdatex

Exercise/Conversion Period xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

SUBTOTAL 8.B.2

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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 thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (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

21.76%

N/A

21.76%

Flair Investment

Holdings Limited

21.76%

N/A

21.76%

Elevage Limited

21.76%

N/A

21.76%

Yew Tree Overseas Limited

21.76%

N/A

21.76%

Securities Services Nominees Limited

22.43%

N/A

22.43%

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

Under the terms of an agreement between Yew Tree Overseas Limited ("Yew Tree") and a number of other persons who hold shares in the issuer (the "Consortium Members") dated 27 February 2020 (the "Consortium Agreement"), the Consortium Members agreed to exercise the voting rights attaching to the shares in the issuer held by them in accordance with Yew Tree's written instructions. For the purposes of DTR 5.2.1(a), Yew Tree therefore indirectly held the voting rights attaching to the shares in the issuer held by the other Consortium Members.

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The Consortium Agreement was terminated on 15 April 2020 and the ultimate beneficial owners of each Consortium Member (or, in some cases, the Consortium Members themselves) have instead given undertakings to Lawrence Stroll that they will exercise the voting rights attaching to the shares in the issuer directly or indirectly held by them in accordance with Lawrence Stroll's instructions. Lawrence Stroll therefore continues to indirectly hold the voting rights attaching to the shares in the issuer directly and indirectly held by the other Consortium Members, but, following the termination of the Consortium Agreement, Yew Tree no longer indirectly holds any voting rights attaching to shares in the issuer directly or indirectly held by other Consortium Members.

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Securities Services Nominees Limited holds a number of shares in the issuer 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.

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Place of completion

London, United Kingdom

Date of completion

17 April 2020

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This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
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END
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HOLUBAORROUSAAR
Date   Source Headline
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