TIDMBIH

RNS Number : 9527E

Boston International Holdings PLC

12 July 2021

For immediate release

12 July 2021

Boston International Holdings plc

("BIH" or "the Company")

Holding(s) in Company

The Company announces that it has received the following TR-1 notification which is set out below without amendment.

For more information, please contact:-

 
 Boston International Holdings Plc 
 Christopher Pitman, Chairman            +44 (0) 7768 104329 
 Beaumont Cornish Limited (Financial 
  Adviser) 
 Roland Cornish                         +44 (0) 20 7628 3396 
 Peterhouse Capital Limited (Broker) 
 Lucy Williams / Duncan Vasey / 
  Eran Zucker                           +44 (0) 20 7469 0930 
 

TR-1: S tandard 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                                 Boston International Holdings plc 
  underlying issuer of existing shares 
  to which voting rights are attached 
  (ii) : 
                                                             -------------------------------------------- 
 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                                                   X 
                                                                                                     ---- 
 An event changing the breakdown of voting rights 
                                                                                                     ---- 
 Other (please specify) (iii) : 
                                                                                                     ---- 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                         Emirates Fund Exchange PLTD 
 City and country of registered office                        Sofia, Bulgaria 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name                                                         Paul Belogour 
                                                             -------------------------------------------- 
 City and country of registered office                        Sofia, Bulgaria 
  (if applicable) 
                                                             -------------------------------------------- 
 5. Date on which the threshold was                           8 July 2021 
  crossed or reached (vi) : 
                                                             -------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):               8 July 2021 
                                                             -------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting       % of voting rights    Total of both   Total number 
                            rights attached      through financial     in % (8.A +     of voting rights 
                            to shares (total        instruments            8.B)        held in issuer 
                                of 8. A)           (total of 8.B                       (8.A + 8.B) 
                                                    1 + 8.B 2)                         (vii) 
                          ------------------  ---------------------  --------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached               0%                  18.44%                 18.44%          8,100,000 
                          ------------------  ---------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)              0%                  6.83%                  6.83% 
                          ------------------  ---------------------  --------------  -------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of             Number of voting rights                              % of voting rights 
  shares                    (ix) 
  ISIN code (if 
  possible) 
                                   Direct                   Indirect                  Direct             Indirect 
                                  (DTR5.1)                  (DTR5.2.1)                (DTR5.1)           (DTR5.2.1) 
                                                   -------------------------- 
 GB00BD70S874              0                                                    0 
                          -----------------------  --------------------------  --------------------  ---------------- 
 
 
 SUBTOTAL 8. A                                     0                                             0% 
                          ---------------------------------------------------  -------------------------------------- 
 
 B 1: Financial Instruments according to DTR5.3.1R (1) (a) 
 Type of financial         Expiration   Exercise/                         Number of voting            % of voting 
  instrument                date         Conversion Period                 rights that may             rights 
                            (x)          (xi)                              be acquired if 
                                                                           the instrument 
                                                                           is 
                                                                           exercised/converted. 
                          -----------  --------------------------------  --------------------------  ---------------- 
 
 
 
                                        SUBTOTAL 8. B 1 
                                       --------------------------------  -------------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  DTR5.3.1R (1) (b) 
 Type of financial    Expiration        Exercise/               Physical or          Number of        % of voting 
  instrument           date (x)          Conversion              cash                 voting rights    rights 
                                         Period (xi)             Settlement 
                                                                 (xii) 
                     ----------------  ----------------------  -------------------  --------------- 
                                        The earlier 
                                         of (1) the 
                                         publication 
                                         of a prospectus 
                                         which would 
                                         cover the 
                                         issue and 
                                         allotment 
                                         of the Ordinary 
                                         Shares pursuant 
                                         to the conversion 
                                         of the Convertible 
                                         Loan Notes; 
                                         or (2) the 
                                         completion 
                                         of a reverse 
                                         transaction 
                                         and relisting 
                                         of the Company 
 Convertible          30 March           onto a recognised 
  Loan Note            2022              stock exchange.        Physical             3,000,000        6.83% 
                     ----------------  ----------------------  -------------------  --------------- 
                                        The earlier 
                                         of (1) the 
                                         publication 
                                         of a prospectus 
                                         which would 
                                         cover the 
                                         issue and 
                                         allotment 
                                         of the Ordinary 
                                         Shares pursuant 
                                         to the conversion 
                                         of the Convertible 
                                         Loan Notes; 
                                         or (2) the 
                                         completion 
                                         of a reverse 
                                         transaction 
                                         and relisting 
                                         of the Company 
 Convertible          30 September       onto a recognised 
  Loan Note            2022              stock exchange.        Physical             5,100,000        11.61% 
                     ----------------  ----------------------  -------------------  ---------------  ---------------- 
 
                                                                SUBTOTAL 8.B.2       8,100,000        18.44% 
                                                               -------------------  --------------- 
 
 
 
 
 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                        X 
  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 (xiii) 
 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) (xiv) 
    Name (xv)        % of voting rights      % of voting rights       Total of both if 
                       if it equals or        through financial        it equals or is 
                      is higher than the      instruments if it        higher than the 
                     notifiable threshold    equals or is higher     notifiable threshold 
                                             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 information (xvi) 
 Having reviewed the form after submission it appears the 5.1m shares 
  (11.61%), which were subject to this transaction, were not included under 
  position of previous notification. It looks as if the overall percentage 
  holding has increased from 6.83% to 18.44, but it remains the same as 
  total shares subject to this transaction and the previous are the same 
  in number as in the previous notice regarding 3m shares. 
 
 
 
 Place of completion   Sofia, Bulgaria 
 Date of completion    8 July 2021 
                      ---------------- 
 

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