AVG Avingtrans Plc

TIDMAVG

RNS Number : 0700O

Avingtrans PLC

28 September 2023

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0009188797

Issuer Name

AVINGTRANS 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

Downing LLP

City of registered office (if applicable)

London

Country of registered office (if applicable)

Greater London

4. Details of the shareholder

 
Name                        City of registered  Country of registered 
                             office              office 
   Client funds managed by     London              UK 
    Downing LLP 
                            ==================  ===================== 
 

5. Date on which the threshold was crossed or reached

05-Sep-2023

6. Date on which Issuer notified

06-Sep-2023

7. Total positions of person(s) subject to the notification obligation

 
                          % of voting       % of voting             Total of      Total number 
                           rights attached   rights through          both in %     of voting 
                           to shares         financial instruments   (8.A + 8.B)   rights held 
                           (total of         (total of 8.B                         in issuer 
                           8.A)              1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                  3.280000          0.000000                3.280000      1059079 
                          ================  ======================  ============  ============ 
   Position of previous 
    notification 
    (if applicable) 
                          ================  ======================  ============  ============ 
 

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      Number of         Number of           % of direct     % of indirect 
 of shares       direct voting     indirect voting     voting rights   voting rights 
 ISIN code(if    rights (DTR5.1)   rights (DTR5.2.1)   (DTR5.1)        (DTR5.2.1) 
 possible) 
GB0009188797       1059079                               3.280000 
                ================  ==================  ==============  ============== 
Sub Total 
 8.A               1059079                               3.280000% 
                ====================================  ============================== 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
Type of financial  Expiration  Exercise/conversion  Number of voting             % of 
 instrument         date        period               rights that may be           voting 
                                                     acquired if the instrument   rights 
                                                     is exercised/converted 
 
Sub Total 
 8.B1 
                   ===============================  ===========================  ======= 
 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
Type of      Expiration  Exercise/conversion  Physical             Number      % of 
 financial    date        period               or cash settlement   of voting   voting 
 instrument                                                         rights      rights 
 
Sub Total 
 8.B2 
             ====================================================  ==========  ======= 
 

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         Name of           % of voting           % of voting           Total of both 
 controlling      controlled        rights if             rights through        if it equals 
 person           undertaking       it equals             financial             or is higher 
                                    or is higher          instruments           than the notifiable 
                                    than the notifiable   if it equals          threshold 
                                    threshold             or is higher 
                                                          than the notifiable 
                                                          threshold 
                    Client funds 
                     managed by 
   Downing LLP       Downing LLP      3.280000                                    3.280000% 
                 ================  ====================  ====================  ==================== 
 

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

12. Date of Completion

13. Place Of Completion

London

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END

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