Formation Group Plc - Holding(s) in Company PR Newswire

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 ("MAR").

FORMATION GROUP PLC

('Formation' or the 'Company')

Holdings in Company

Formation has received three TR-1’s which are reproduced without amendment below. 

TR-1: Standard form for notification of major holdings


NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the                 Formation Group Plc
underlying issuer of existing shares to
which voting rights are attachedii:

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)iii:

3. Details of person subject to the notification obligationiv

Name                                    Zandra Holdings Limited

City and country of registered office   St Helier, Jersey
(if applicable)

4. Full name of shareholder(s) (if different from 3.)v

Name

City and country of registered office
(if applicable)

5. Date on which the threshold was      04/12/2019
crossed or reachedvi:

6. Date on which issuer notified        10/12/2019
(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
                                                                             vii

Resulting situation       89.99%                                             173
on the date on                                                               ,80
which threshold was                                                          0,0
crossed or reached                                                           00

Position of               74.62%
previous
notification (if
applicable)



   


 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         Number of voting rightsix              % of voting
 shares                                                       rights
 ISIN code (if
 possible)                   Direct             Indirect         Direct     Indi
                       (Art 9 of Directive     (Art 10 of       (Art 9 of   rect
                          2004/109/EC)         Directive        Directive   (Art
                            (DTR5.1)         2004/109/EC)     2004/109/EC)  10
                                               (DTR5.2.1)       (DTR5.1)    of
                                                                            Dire
                                                                            ctiv
                                                                             e
                                                                            2004
                                                                            /109
                                                                            /EC)
                                                                            (DTR
                                                                            5.2.
                                                                            1)

 GB00BYXQZ969          156,410,167                            89.99%

 SUBTOTAL 8. A                      156,410,167                    89.99%

 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC
 (DTR5.3.1.1 (a))

 Type of financial     Expiration Exercise/            Number of voting     %
 instrument            datex      Conversion Periodxi  rights that may be   of
                                                       acquired if the      voti
                                                       instrument is        ng
                                                       exercised/converted. righ
                                                                            ts

                                  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 Number of    %
 financial  datex                 Conversion Period   or cash  voting       of
 instrument                       xi                  settlemenrights       voti
                                                      txii                  ng
                                                                            righ
                                                                            ts

                                                      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 person or legal entity and does not control any other undertaking(s)
holding directly or indirectly an interest in the (underlying) issuerxiii

Full chain of controlled undertakings through which the voting rights and/or X
the
financial instruments are effectively held starting with the ultimate
controlling natural person or legal entityxiv (please add additional rows as
necessary)

       Namexv            % of voting rights if it    % of voting rights  Total
                       equals or is higher than the   through financial   of
                           notifiable threshold       instruments if it  both
                                                     equals or is higher if it
                                                     than the notifiable equals
                                                          threshold      or is
                                                                         higher
                                                                         than
                                                                          the
                                                                         notifi
                                                                         able
                                                                         thresh
                                                                          old

Kennedy Private Trust             89.99%                                 156,41
Company Limited as                                                       0,167
trustee of the
Kennedy Family
Discretionary
Settlement

Kennedy Capital                   89.99%                                 156,41
Limited                                                                  0,167

Zandra Holdings                   89.99%                                 156,41
Limited                                                                  0,167

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 informationxvi



   


Place of completion St Helier, Jersey

Date of completion  10/12/2019



TR-1: Standard form for notification of major holdings


NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the                 Formation Group Plc
underlying issuer of existing shares to
which voting rights are attachedii:

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)iii:

3. Details of person subject to the notification obligationiv

Name                                    Streetwise Limited

City and country of registered office   St Helier, Jersey
(if applicable)

4. Full name of shareholder(s) (if different from 3.)v

Name

City and country of registered office
(if applicable)

5. Date on which the threshold was      04/12/2019
crossed or reachedvi:

6. Date on which issuer notified        10/12/2019
(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
                                                                             vii

Resulting situation        NIL                                               173
on the date on                                                               ,80
which threshold was                                                          0,0
crossed or reached                                                           00

Position of               8.78%
previous
notification (if
applicable)



   


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  Number of voting rightsix          % 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)

GB00BYXQZ969NIL                                NIL

SUBTOTAL 8.                NIL                              NIL
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   datex      Conversion   may be acquired if the       rights
instrument             Periodxi     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  datex       Conversion  cash         rights           rights
instrument             Period xi   settlementxii

                                   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 person or legal entity and
does not control any other undertaking(s) holding
directly or indirectly an interest in the (underlying)
issuerxiii

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
entityxiv (please add additional rows as necessary)

Namexv % of voting rights if     % of voting rights      Total of both if it
       it equals or is higher    through financial     equals or is higher than
        than the notifiable   instruments if it equals the notifiable threshold
             threshold         or is higher than the
                                notifiable threshold

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 informationxvi



   


Place of completion St Helier, Jersey

Date of completion  10/12/2019



TR-1: Standard form for notification of major holdings


NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the
FCA in Microsoft Word format if possible)i

1a. Identity of the issuer or the                 Formation Group Plc
underlying issuer of existing shares to
which voting rights are attachedii:

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)iii:

3. Details of person subject to the notification obligationiv

Name                                    Kennedy Private Trust Company Limited
                                        as trustee of the Kennedy Family
                                        Discretionary Settlement

City and country of registered office   St Helier, Jersey
(if applicable)

4. Full name of shareholder(s) (if different from 3.)v

Name

City and country of registered office
(if applicable)

5. Date on which the threshold was      04/12/2019
crossed or reachedvi:

6. Date on which issuer notified        10/12/2019
(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
                                                                             vii

Resulting situation        NIL                                               173
on the date on                                                               ,80
which threshold was                                                          0,0
crossed or reached                                                           00

Position of               6.59%
previous
notification (if
applicable)



   


 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   Number of voting rightsix               % 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)          Directive        Directive    Directive
 possible)         (DTR5.1)          2004/109/EC)     2004/109/EC)  2004/109/EC)
                                      (DTR5.2.1)        (DTR5.1)    (DTR5.2.1)

 GB00BYXQZ969 NIL                                     NIL

 SUBTOTAL 8.                    NIL                              NIL
 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     % of voting
 financial    datex      Conversion Periodxi   rights that may be   rights
 instrument                                    acquired if the
                                               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 Number of    % of voting
 financial  datex        Conversion Period xi or cash  voting       rights
 instrument                                   settlemenrights
                                              txii

                                              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 person or legal entity and does not control any other
undertaking(s) holding directly or indirectly an interest in the
(underlying) issuerxiii

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 entityxiv (please add
additional rows as necessary)

   Namexv    % of voting rights if it equals % of voting rights  Total of both
                  or is higher than the       through financial  if it equals
                  notifiable threshold        instruments if it  or is higher
                                             equals or is higher   than the
                                             than the notifiable  notifiable
                                                  threshold        threshold

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 informationxvi



   


Place of completion St Helier, Jersey

Date of completion  10/12/2019



The Directors of the Company accept responsibility for the contents of this announcement.

--ENDS--

Enquiries:


Formation Group plc                            Tel: +44 (0) 20 7920 7590
Noel O’Carroll - Director

Peterhouse Capital Limited (Corporate Adviser) Tel: +44 (0) 20 7469 0934
Mark Anwyl