TIDMFEN

RNS Number : 0084S

Frenkel Topping Group PLC

10 November 2021

 
  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                                       Frenkel Topping Group 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 
                                                                                                ------------------ 
 An acquisition or disposal of financial instruments 
                                                                                                ------------------ 
 An event changing the breakdown of voting rights                                                        X 
                                                                                                ------------------ 
 Other (please specify) (iii) : 
                                                                                                ------------------ 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                     Mr Michael Spencer 
 City and country of registered office                    n/a 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name                                                     IPGL Limited, 
                                                           INCAP Netherlands (Holdings) BV 
                                                         --------------------------------------------------------- 
 City and country of registered office                    London, UK 
  (if applicable) 
                                                         --------------------------------------------------------- 
 5. Date on which the threshold was                       2 November 2021 
  crossed or reached (vi) : 
                                                         --------------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):           4 November 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                     14.35%                                    -   14.35%            16,236,377 
                                -----------------------  -------------------  ----------------  ------------------ 
 Position of 
  previous notification 
  (if 
  applicable)                    14.75%                                    -   14.75% 
                                -----------------------  -------------------  ----------------  ------------------ 
 
 
 
 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) 
                                        ----------------- 
 GB00B01YXQ71         -                  16,236,377         -                                    14.35% 
                     -----------------  -----------------  -----------------------------------  -------------- 
 
 
 SUBTOTAL 8. A                    16,236,377                                      14.35% 
                     ------------------------------------  --------------------------------------------------- 
 
 B 1: Financial Instruments according to DTR5.3.1R (1) (a) 
 Type of financial    Expiration         Exercise/          Number of voting                     % of voting 
  instrument           date              Conversion          rights that may                      rights 
                       (x)               Period              be acquired if 
                                         (xi)                the instrument 
                                                             is 
                                                             exercised/converted. 
                     -----------------  -----------------  -----------------------------------  -------------- 
 n/a 
                     -----------------  -----------------  -----------------------------------  -------------- 
 
 
                                         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) 
                    ------------------  -----------------  ---------------  ------------------ 
 n/a 
                     -----------------  -----------------  ---------------  ------------------ 
 
 
                                                            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) issuer (xiii) 
 Full chain of controlled undertakings through which the voting rights                   X 
  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 
                         -------------------------  ------------------------  ---------------------- 
 Mr Michael Spencer       14.35%                     -                         14.35% 
                         -------------------------  ------------------------  ---------------------- 
 IPGL (Holdings) 
  Ltd                     14.35%                     -                         14.35% 
                         -------------------------  ------------------------  ---------------------- 
 IPGL Ltd                 14.35%                     -                         14.35% 
                         -------------------------  ------------------------  ---------------------- 
 
 Mr Michael Spencer       14.35%                     -                         14.35% 
                         -------------------------  ------------------------  ---------------------- 
 IPGL (Holdings) 
  Ltd                     14.35%                     -                         14.35% 
                         -------------------------  ------------------------  ---------------------- 
 IPGL Ltd                 14.35%                     -                         14.35% 
                         -------------------------  ------------------------  ---------------------- 
 INCAP Netherlands 
  (Holdings) BV           0.00%                      -                         0.00% 
                         -------------------------  ------------------------  ---------------------- 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder                            n/a 
                                                    ------------------------------------------------ 
 The number and % of voting rights                   n/a 
  held 
                                                    ------------------------------------------------ 
 The date until which the voting rights              n/a 
  will be held 
                                                    ------------------------------------------------ 
 
 11. Additional information (xvi) 
 
 
 
 
 Place of completion   London 
 Date of completion    4 November 2021 
                      ---------------- 
 

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