Last checked at 8 Dec 2017 07:00
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8 December 2017
Bakkavor Group plc
(the "Company")
Notification of major holdings
Agust and Lydur Gudmundsson have now completed the reorganisation of the structure through which they indirectly hold 50.2% of the issued share capital in the Company.
The reorganisation, which was contemplated in the prospectus published by the Company on 10 November 2017 in relation to its IPO, involved the transfer of the shares in the Company held by Bakk AL Holdings Ltd. first to Milu Trading Inc. (the common investment vehicle of Agust and Lydur Gudmundsson), and then to the separate corporate holding structures of each of Agust Gudmundsson (with the relevant shares in the Company being held by Carrion Enterprises Ltd.) and Lydur Gudmundsson (with the relevant shares in the Company being held by Umbriel Ventures Ltd.).
The aggregate shareholding in the Company of Agust and Lydur Gudmundsson remains the same as it was prior to the reorganisation.
Announcements relating to the individual steps in the reorganisation will be made shortly as required by the Financial Conduct Authority's Disclosure and Transparency Rules.
For further information please contact:
Simon Witham – General Counsel and Company Secretary – 020 7908 6142