Last checked at 11 Mar 2022 15:30
| 11th March 2022 |
System1 Group PLC (AIM: SYS1)
("System1", or "the Company", or "the Group")
TR1: Notification of major holdings
On 11th March 2022, the Company received the TR1 Standard form for notification of major holdings as disclosed below:
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 ii: | System1 Group Plc. LEI: 213800TDLR42C3Q9ZB74 | |||||
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 obligation iv | ||||||
Name | Lombard Odier Asset Management (Europe) Limited | |||||
City and country of registered office (if applicable) | London, United Kingdom | |||||
4. Full name of shareholder(s) (if different from 3.) v | ||||||
Name | Disclosure on behalf of accounts managed on a discretionary basis by Lombard Odier Investment Managers group. | |||||
City and country of registered office (if applicable) |
| |||||
5. Date on which the threshold was crossed or reached vi: | 09/03/2022 | |||||
6. Date on which issuer notified (DD/MM/YYYY): | 11/03/2022 | |||||
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) vii | ||
Resulting situation on the date on which threshold was crossed or reached | 4.67 |
| 4.67 | 595,976 | ||
Position of previous notification (if applicable) | 5.03 |
| 5.03 |
| ||
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii | |||||||||
A: Voting rights attached to shares | |||||||||
Class/type ofshares ISIN code (if possible) | Number of voting rights ix | % of voting rights | |||||||
Direct (DTR5.1) | Indirect (DTR5.2.1) | Direct (DTR5.1) | Indirect (DTR5.2.1) | ||||||
GB00B1GVQH21 |
| 595,976 |
| 4.67 | |||||
|
|
|
|
| |||||
|
|
|
|
| |||||
SUBTOTAL 8. A | 595,976 | 4.67 | |||||||
| |||||||||
B 1: Financial Instruments according to DTR5.3.1R (1) (a) | |||||||||
Type of financial instrument | Expirationdate 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 DTR5.3.1R (1) (b) | |||||||||
Type of financial instrument | Expirationdate x | Exercise/Conversion Period xi | Physical or cash Settlement xii | 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 xiii | X | |||
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) xiv |
| |||
Name xv | % 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 | |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
|
|
|
| |
| ||||
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 xvi | ||||
| ||||
Place of completion | London, United Kingdom |
Date of completion | 11/03/2022 |
The Company can be found at www.system1group.com.
This announcement contains inside information for the purposes of article 7 of the Market Abuse Regulation (EU) 596/2014 as amended by regulation 11 of the Market Abuse (Amendment) (EU Exit) Regulations 2019/310. With the publication of this announcement, this information is now considered to be in the public domain.
For further information, please contact:
System1 Group PLC | Tel: +44 (0)20 7043 1000 |
|
John Kearon, Founder and Chief Executive Officer |
|
|
Chris Willford, Chief Financial Officer |
|
|
Canaccord Genuity Limited | Tel: +44 (0)20 7523 8000 | |
Simon Bridges / Andrew Potts |
| |