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Pin to quick picksSomero Regulatory News (SOM)

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Holding(s) in Company

13 Mar 2025 17:45

RNS Number : 6357A
Somero Enterprises Inc.
13 March 2025
 

 

TR-1: Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS

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

Somero Enterprises, Inc. (the "Issuer")

1b. Please indicate if the issuer is a non-UK issuer

Non-UK issuer

X

2. Reason for the notification

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):

3. Details of person subject to the notification obligation

Name

Brian Kelly

City and country of registered office (if applicable)

N/A

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

Name

See Additional Information Section at item 11.

City and country of registered office (if applicable)

N/A

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

12 March 2025

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

13 March 2025

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 held in issuer (8.A + 8.B)

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

6%

0

6%

3,320,859

Position of previous notification (if

applicable)

4.4%

0

4.4%

2,417,359

 

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

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rights

% of voting rights

Direct

(DTR5.1)

Indirect

 (DTR5.2.1)

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

Ordinary Shares (ISIN: USU834501038)

3,320,859

0

6%

0

SUBTOTAL 8. A

3,320,859

6%

 

 

B 1: Financial Instruments according to DTR5.3.1R (1) (a)

Type of financial instrument

Expirationdate

Exercise/Conversion Period

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 DTR5.3.1R (1) (b)

Type of financial instrument

Expirationdate

Exercise/Conversion Period

Physical or cash

Settlement

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) issuer

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 entity (please add additional rows as necessary)

X

Name

% 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

See Additional Information Section at item 11

 

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 information

The Ordinary Shares in the Issuer described in this form are held by two separate entities that are directly or indirectly owned by two family trusts and a family foundation, in each of which Mr. Kelly is the grantor or trustee and as to which Mr. Kelly disclaims beneficial ownership. Mr. Kelly solely controls, and has sole discretion over, the exercise of all voting rights attributable to the Ordinary Shares of the Issuer described in this form.

 

Place of completion

New York, New York, United States of America

Date of completion

13 March 2025

 

 

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