Holding(s) in Company
Updated : 15:58
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BL9YR756
Issuer Name
WISE PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
Distributions by certain of the Valar funds
3. Details of person subject to the notification obligation
Name
James Fitzgerald and Andrew McCormack as managing members of Valar Ventures GP LLC, Valar Co-Invest 1 GP LLC and Valar Velocity GP 1 LLC
City of registered office (if applicable)
New York, New York
Country of registered office (if applicable)
United States
4. Details of the shareholder
Is the shareholder the same as the person subject to the notification obligation, above?
No
NAME | CITY OF REGISTERED OFFICE | COUNTRY OF REGISTERED OFFICE |
Valar Global Principals Fund I LP | New York, New York | United States |
Valar Co-Invest 1 LP | New York, New York | United States |
Valar Global Fund I LP | New York, New York | United States |
Valar Velocity Fund I LP | New York, New York | United States |
5. Date on which the threshold was crossed or reached
18 July 2022
6. Date on which Issuer notified
20 July 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 | 10.85% | 498,837,770 | ||
Resulting situation on the date on which threshold was crossed or reached |
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) |
49,883,777 Class A ordinary shares | 49,883,777 | 1.084% | ||
49,883,777 Class B Ordinary Shares | 448,953,993 | 9.761% | ||
Sub Total 8.A | 498,837,770 | 10.845% | ||
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 |
Sub Total 8.B1 | ||||
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 |
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Sub Total 8.B2 |
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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 |
James Fitzgerald and Andrew McCormack as managing members of Valar Ventures GP LLC | Valar Global Principals Fund I LP | 5.39% | 5.39% | |
James Fitzgerald and Andrew McCormack as managing members of Valar Co-Invest 1 GP LLC | Valar Co-Invest 1 LP | |||
James Fitzgerald and Andrew McCormack as managing members of Valar Ventures GP LLC | Valar Global Fund I LP | |||
James Fitzgerald and Andrew McCormack as managing members of Valar Velocity GP 1 LLC | Valar Velocity Fund 1 LP |
10. In case of proxy voting
Is there proxy voting?
No
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
James Fitzgerald and Andrew McCormack are the managing members of the general partner entities of each of the Valar funds that hold shares in Wise plc.
12. Date of Completion
20 July 2022
13. Place Of Completion
New York, New York, United States
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