Holding(s) in Company
Updated : 17:28
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGSi | ||||||
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1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: | AA Plc | |||||
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
Non-UK issuer |
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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 | X | |||||
An event changing the breakdown of voting rights |
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Other (please specify)iii: |
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3. Details of person subject to the notification obligationiv | ||||||
Name | Albert Bridge Capital LLP | |||||
City and country of registered office (if applicable) | London, United Kingdom | |||||
4. Full name of shareholder(s) (if different from 3.)v | ||||||
Name | Albert Bridge Capital is the appointed discretionary Investment Manager to several managed accounts and a fund and under the terms of the investment management agreements, it holds the power to vote any physical shareholdings held by these clients. The only individual client holding a position exceeding the notifiable threshold is the managed account for the Board of Regents of the University of Texas System. | |||||
City and country of registered office (if applicable) | Austin, Texas, USA | |||||
5. Date on which the threshold was crossed or reachedvi: | 28 May 2020 | |||||
6. Date on which issuer notified (DD/MM/YYYY): | 01 June 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 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 | 10.424% | 5.260% | 15.684% | 618,158,627 | ||
Position of previous notification (if applicable) | 10.406% | 5.931% | 16.337% |
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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 of 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) | ||||||
GB00BMSKPJ95 |
| 64,436,901 |
| 10.424% | |||||
SUBTOTAL 8. A | 64,436,901 | 10.424% | |||||||
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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 | Expiration | Exercise/ | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
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| 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 | Expiration | Exercise/ | Physical or cash settlementxii | Number of voting rights | % of voting rights | ||||
Equity swap | 19-Oct-2020 |
| Cash | 1,327,107 | 0.215% | ||||
Equity swap | 18-Nov-2020 |
| Cash | 133,120 | 0.022% | ||||
Equity swap | 17-Dec-2020 |
| Cash | 180,680 | 0.029% | ||||
Equity swap | 17-Mar-2021 |
| Cash | 18,482,318 | 2.990% | ||||
Equity swap | 19-May-2021 |
| Cash | 1,457,851 | 0.236% | ||||
Equity swap | 23-Feb-2022 |
| Cash | 10,936,663 | 1.769% | ||||
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| SUBTOTAL 8.B.2 | 32,517,739 | 5.260% | ||||
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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 |
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Full chain of controlled undertakings through which the voting rights and/or the | X | |||
Albert Bridge Capital LLP is controlled by Andrew Dickson.
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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 | |
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10. In case of proxy voting, please identify: | ||||
Name of the proxy holder |
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The number and % of voting rights held |
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The date until which the voting rights will be held |
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11. Additional informationxvi | ||||
Albert Bridge Capital acts as Investment Manager and the shares reported on this Notification are owned by client accounts (managed accounts and AIFs) under its discretionary investment management. Albert Bridge Capital has the ability to vote any physical shareholdings held by these clients. | ||||
Place of completion | London, United Kingdom |
Date of completion | 01 June 2020 |
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