TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuer
FORBES VENTURES PLCof existing shares to which voting rights are attached: ii 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights X An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the BEAUFORT NOMINEES LIMITED notification obligation: iii 4. Full name of shareholder(s) (if different from 3.):iv 5. Date of the transaction and date on 2nd December 2016which the threshold is crossed or reached: v 6. Date on which issuer notified: 5th December 20167. Threshold(s) that is/are crossed or Below 9% reached: vi, vii
8. Notified details: A: Voting rights attached to shares viii, ix Class/type Situation previous Resulting situation after the triggering of to the triggering transaction shares transaction if possible Number Number Number Number of voting % of voting using of of of shares rights rights x the ISIN Shares Voting CODE Rights Direct Direct xi Indirect DirIndirect xii ect ORD NPV 32,500,000 32,500,000 10,138,746 10,138,746 8.8 9% KYG361891016 B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of ExpirationExercise/ Number of voting % of voting financial date xiii Conversion Period xiv rights that may be rights instrument acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of voting % of voting financial price date xvii Conversion rights instrument rights xix, instrument period refers to xx xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 10,138,746 8.89%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi Proxy Voting: 10.
Nameof the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: Beaufort Nominees 15. Contact telephone number: 020 7382 8332
Note: Annex should only be submitted to the FSA not the issuer Annex: Notification of major interests in sharesxxii A: Identity of the persons or legal entity subject to the notification obligation Full name (including legal form of legal entities) Contact address (registered office for legal entities) Phone number & email Other useful information (at least legal representative for legal persons) B: Identity of the notifier, if applicable Full name Contact address Phone number & email Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) C: Additional information