19 January 2024
Cavendish Financial plc
("Cavendish", "the Company" or the "Group")
Holding(s) in Company
Cavendish Financial plc (AIM: CAV) announces that 3,213,512 shares of 1 pence each in the Company ("Ordinary Shares"), have been transferred from its EBT administered by Zedra Trust Company (Guernsey) Limited ("Zedra") to its EBT administered by Apex Financial Services (Trust Company) Limited ("Apex").
Following the transfer, Apex has a beneficial holding of 34,774,661 (9.6%) Ordinary Shares and Zedra has no beneficial holding.
Contacts
Cavendish Financial plc Tel: +44 (0) 20 7220 0500
Julian Morse, Co-CEO investor.relations@finncap.com
John Farrugia, Co-CEO
Grant Thornton (Nominated Adviser) Tel: +44 (0) 20 7383 5100
Philip Secrett/Samantha Harrison/Ciara Donnelly
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BGKPX309
Issuer Name
CAVENDISH FINANCIAL PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Apex Financial Services (Trust Company) Limited
City of registered office (if applicable)
Jersey
Country of registered office (if applicable)
Jersey
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
18-Jan-2024
6. Date on which Issuer notified
18-Jan-2024
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 | 9.600000 | 0.000000 | 9.600000 | 34774661 |
| Position of previous notification (if applicable) | 8.710000 | 0.000000 | 8.710000 | |
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) |
| GB00BGKPX309 | 34774661 | | 9.600000 | |
| Sub Total 8.A | 34774661 | 9.600000% | ||
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 |
|
| | | | | |
| Sub Total 8.B2 | | | | ||
9. Information in relation to the person subject to the notification obligation
1. 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) issuer.
| 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 |
|
| | | | |
10. In case of proxy voting
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
Increase due to receipt of shares from another EBT of the issuer which is being closed down.
12. Date of Completion
18-Jan-2024
13. Place Of Completion
Jersey
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