TIDMWISE

RNS Number : 7815T

Wise PLC

26 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) 
 
 1a. Identity of the issuer or the                                          Wise plc 
  underlying issuer of existing shares 
  to which voting rights are attached: 
                                                            ---------------------------------------- 
 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): 
                                                                                           --------- 
 3. Details of person subject to the notification obligation 
 Name                                                        Kristo Käärmann 
                                                            ---------------------------------------- 
 City and country of registered office                       London, United Kingdom 
  (if applicable) 
                                                            ---------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.) 
 Name 
                                                            ---------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                            ---------------------------------------- 
 5. Date on which the threshold was                          25 November 2021 
  crossed or reached: 
                                                            ---------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):              25 November 2021 
                                                            ---------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                         % of voting rights     % of voting rights    Total of both   Total number 
                          attached to shares     through financial     in % (8.A +     of voting 
                             (total of 8.           instruments            8.B)        rights held 
                                  A)               (total of 8.B                       in issuer 
                                                    1 + 8.B 2)                         (8.A + 8.B) 
                                                                                       (vii) 
                        --------------------  ---------------------  --------------  --------------- 
 Resulting situation 
  on the date on 
  which threshold 
  was crossed or 
  reached                       41.1%                                                     41.1% 
                        --------------------  ---------------------  --------------  --------------- 
 Position of previous 
  notification 
  (if 
  applicable) 
                        --------------------  ---------------------  --------------  --------------- 
 
 
 
 8. Notified details of the resulting situation on the date on 
  which the threshold was crossed or reached 
 A: Voting rights attached to shares 
 Class/type of             Number of voting rights                         % of voting rights 
  shares 
  ISIN code (if 
  possible) 
                          ----------------------------------------------  --------------------------------- 
                                  Direct                 Indirect               Direct          Indirect 
                                 (DTR5.1)               (DTR5.2.1)             (DTR5.1)         (DTR5.2.1) 
                          ---------------------  -----------------------  -----------------  -------------- 
 Class A                   186,858,255                                     4.07% 
                          ---------------------  -----------------------  -----------------  -------------- 
 Class B                   1,681,221,204                                   37.03% 
                          ---------------------  -----------------------  -----------------  -------------- 
 
 SUBTOTAL 8. A                                                             41.1% 
                          ----------------------------------------------  --------------------------------- 
 
 B 1: Financial Instruments according to DTR5.3.1R (1) (a) 
 Type of financial         Expiration   Exercise/                   Number of                 % of voting 
  instrument                date (x)     Conversion Period           voting rights             rights 
                                         (xi)                        that may 
                                                                     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          Number             % of voting 
  instrument           date (x)          Conversion       or cash           of voting          rights 
                                         Period (xi)      Settlement        rights 
                                                          (xii) 
                     ----------------  ---------------  ----------------  -----------------  -------------- 
 
 
 
                                                         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                     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            % of voting rights      % of voting rights        Total of both 
                         if it equals or        through financial         if it equals 
                       is higher than the       instruments if it         or is higher 
                      notifiable threshold     equals or is higher     than the notifiable 
                                               than the 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 information 
 On 25 November 2021, pursuant to the Articles and as disclosed in 
  the Prospectus, the voting caps in respect of class B ordinary shareholders 
  were increased. As a result of this, Wise's CEO Kristo Kaarmann's 
  voting rights in respect of shareholder decisions increased from 26.8% 
  to 41.1%. 
 
 
 
 Place of completion   London 
 Date of completion    25 November 2021 
                      ----------------- 
 

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