FORBES VENTURES
("Forbes" or the "Company")
Director/PDMR Shareholding and Holding in Company
The Ordinary Shares held by MEGHUK represent 59.84% of the Company's issued share capital. The Company has received a TR-1 which is reproduced without amendment below. Following this transaction, Quanta no longer has a notifiable interest in the Company.
The Directors of Forbes accept responsibility for the contents of this announcement.
ENDS
For further information, please contact:
Forbes Ventures Peter Moss , Chairman 01625 568 767Rob Cooper , Chief Executive Officer 020 3687 0498 NEX Exchange Corporate AdviserPeterhouse Capital Limited 020 7469 0930Mark Anwyl andAllie Feuerlein
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to theFCA in Microsoft Word format if possible) 1a. Identity of the issuer or the Forbes Ventures underlying issuer of existing shares to which voting rights are attached: 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): 3. Details of person subject to the notification obligation Name MEGH UK Limited City and country of registered office Manchester, United Kingdom (if applicable) 4. Full name of shareholder(s) (if different from 3.)Name City and country of registered office (if applicable) 5. Date on which the threshold was 28/02/2020 crossed or reached: 6. Date on which issuer notified 28/02/2020 (DD/MM/YYYY): 7. Total positions of person(s) subject to the notification obligation % of voting rights % of voting rights Total of both in % Tot attached to shares through financial (8.A + 8.B) al (total of 8. A) instruments num (total of 8.B 1 + ber 8.B 2) of vot ing rig hts of iss uer Resulting situation 59.84 59.84 456 on the date on ,25 which threshold was 1,8 crossed or reached 30 Position of previous notification (if applicable)
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 Number of voting rights % of voting rights
of
shares Direct Indirect Direct Indirect
ISIN code (Art 9 of Directive (Art 10 of (Art 9 of (Art 10 of
(if 2004/109/EC) (DTR5.1) Directive Directive Directive
possible) 2004/109/EC) 2004/109/EC) 2004/109/EC)
(DTR5.2.1) (DTR5.1) (DTR5.2.1)
Ord GBP 273,000,000 59.84
0.001
KYG361891016
SUBTOTAL 8. 273,000,000 59.84
A
B 1: Financial Instruments according to Art. 13(1)(a) of Directive
2004/109/EC (DTR5.3.1.1 (a))
Type of Expiration Exercise/ Number of voting rights that % of voting
financial date Conversion may be acquired if the rights
instrument Period instrument is
exercised/converted.
SUBTOTAL 8.
B 1
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 Expiration Exercise/ Physical or Number of voting % of voting
financial date Conversion cash rights rights
instrument Period settlement
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 X 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 the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity(please add additional rows as necessary)Name % of voting rights if it equals or % of voting rights through financial Tot is higher than the notifiable instruments if it equals or is higher al threshold than the notifiable threshold of bot h if it equ als or is hig her tha n the not ifi abl e thr esh old 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
Place of completionManchester, United Kingdom Date of completion28 February 2020
Market Abuse Regulation (MAR) Disclosure
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement via a
