23 May 2022 16:23
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BMMV6B79
Issuer Name
CLIPPER LOGISTICS PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights; An acquisition or disposal of financial instruments
3. Details of person subject to the notification obligation
Name
Bank of America Corporation
City of registered office (if applicable)
Ā
Country of registered office (if applicable)
US
4. Details of the shareholder
Name | City of registered office | Country of registered office |
Merrill Lynch International | London | United Kingdom |
5. Date on which the threshold was crossed or reached
19-May-2022
6. Date on which Issuer notified
23-May-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 | |
Resulting situation on the date on which threshold was crossed or reached | 10.638221 | 3.808086 | 14.446307 | 15088870 |
Position of previous notification (if applicable) | 10.077824 | 3.324948 | 13.402772 |
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached
8A. Voting rights attached to shares
Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
GB00BMMV6B79 | 11111402 | 10.638221 | ||
Sub Total 8.A | 11111402 | 10.638221% |
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))
Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
Right to Recall | N/A | N/A | 25675 | 0.024582 |
Sub Total 8.B1 | 25675 | 0.024582% |
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
Swaps | 30/11/2022 | N/A | Cash | 500000 | 0.478707 |
Swaps | 31/01/2023 | N/A | Cash | 12178 | 0.011659 |
Swaps | 29/03/2023 | N/A | Cash | 13800 | 0.013212 |
Swaps | 31/05/2023 | N/A | Cash | 2791 | 0.002672 |
Swaps | 28/03/2024 | N/A | Cash | 500000 | 0.478707 |
Swaps | 15/02/2023 | N/A | Cash | 3612 | 0.003458 |
Swaps | 09/06/2023 | N/A | Cash | 967738 | 0.926527 |
Swaps | 12/06/2023 | N/A | Cash | 1951674 | 1.868562 |
Sub Total 8.B2 | 3951793 | 3.783504% |
9. Information in relation to the person subject to the notification obligation
2. 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 entities (please add additional rows as necessary)
Ultimate controlling person | Name of controlled undertaking | % 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 |
Bank of America Corporation | Merrill Lynch International | 9.461592 | 10.473633% | |
Bank of America Corporation | BofA Securities EUROPE SA | |||
Bank of America Corporation | Bank of America, NA |
10. In case of proxy voting
Name of the proxy holder
Ā
The number and % of voting rights held
Ā
The date until which the voting rights will be held
Ā
11. Additional Information
Ā
12. Date of Completion
23-May-2022
13. Place Of Completion
United Kingdom