RNS Number : 4605I
Aston Martin Lagonda Global Hld PLC
01 April 2020
 

1 April 2020

 

 

 

Aston Martin Lagonda Global Holdings plc

Notification of Major Holdings

 

Aston Martin Lagonda Global Holdings plc (the "Company") announces the following Notification of Major Holdings notified to the Company today, from entities within the Prestige shareholder group.  These relate to a reduction in voting rights due to the Company's share capital increase announced and completed on 30 March 2020, among other matters.

 

 

 

 

 

Enquiries:

 

Investors and Analysts

Charlotte Cowley,

Director of Investor Relations

 

 

+44 (0)7771 9767

charlotte.cowley@astonmartin.com

Media

Kevin Watters,

Director of Communications

 

 

 +44 (0)7764 386683

kevin.watters@astonmartin.com

Grace Barnie,

Corporate Communications Manager

 

 +44 (0)7880 903490

grace.barnie@astonmartin.com

Toby Bates,

Senior Advisor, Financial Communications

 

+44 (0)7584 773837

toby.bates1@astonmartin.com

Brunswick

Dan Roberts, Andrew Porter, Diana Vaughton

 

+44 (0)20 7404 5959 astonmartin@brunswickgroup.com

 

 

 

 

 

 

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 underlying issuer of existing shares to which voting rights are attachedii:

Aston Martin Lagonda Global Holdings plc

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

X

Other (please specify)iii:

 

3. Details of person subject to the notification obligationiv

Name

Investindustrial Advisors Limited (as investment manager to Investindustrial V L.P. and                  Investindustrial VI L.P.)

City and country of registered office (if applicable)

16 Palace Street, London, England, SW1E 5JD

4. Full name of shareholder(s) (if different from 3.)v

Name

(1) Prestige Motor Holdings S.A.
(2) Preferred Prestige Motor Holdings S.A.

(3) Strategic European Investment Group S.à.r.l.

City and country of registered office (if applicable)

(1), (2), (3) 23 Avenue Monterey, L-2163, Luxembourg

5. Date on which the threshold was crossed or reachedvi:

30/03/2020

6. Date on which issuer notified (DD/MM/YYYY):

01/04/2020

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 of issuervii

Resulting situation on the date on which threshold was crossed or reached

17.30%

4.93%

22.23%

67,582,104

Position of previous notification (if

applicable)

29.64%

N/A

29.64%

 
             

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00BFXZC448

 

52,582,104

 

17.30%

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8. A

52,582,104

17.30%

 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
datex

Exercise/
Conversion Periodxi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

Stock loan

20 April 2020

 

11,300,000

3.71%

Stock loan

20 April 2020

 

3,700,000

1.22%

 

 

 

 

 

 

 

SUBTOTAL 8. B 1

15,000,000

4.93%

 

 

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration
datex

Exercise/
Conversion Period xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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) issuerxiii

 

 

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 entityxiv (please add additional rows as necessary)

X

 

Namexv

% 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

Investindustrial Advisors  Limited

17.30%

4.93%

22.23%

 

Investindustrial V L.P.

15.05%

4.93%

19.98%

 

Luxury Automotive Holdings SCSp

15.05%

4.93%

19.98%

 

Prestige Motor Holdings S.A.

15.05%

4.93%

19.98%

 

 

 

 

 

 

Investindustrial Advisors    Limited

17.30%

4.93%

22.23%

 

Investindustrial V L.P.

15.05%

4.93%

19.98%

 

Luxury Automotive Holdings SCSp

15.05%

4.93%

19.98%

 

Prestige Motor Holdings S.A.

15.05%

4.93%

19.98%

 

Preferred Prestige Motor Holdings S.A.

3.71%

1.22%

4.93%

 

 

 

 

 

 

Investindustrial Advisors  Limited

17.30%

4.93%

22.23%

 

Investindustrial VI L.P.

2.25%

N/A

2.25%

 

Strategic European              Investment Group S.à.r.l

2.25%

N/A

2.25%

 

Strategic European          Participation Group S.à.r.l.

2.25%

N/A

2.25%

 

 

 

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 informationxvi

 

Pre placing on 30 March 2020, Prestige Motor Holdings S.A., Preferred Prestige Motor Holdings S.A. and Strategic European Investment Group S.à.r.l entities had 67,582,104 shares corresponding to 29.64% of the issuer share capital.

 

Post placing on 30 March 2020, above entities continue to have 67,582,104 shares, but ownership
percentage is changed to 22.23% following the issuance of 76 million shares to the Lawrence Stroll led Yew Tree Consortium.

 

Additionally, Prestige Motor Holdings S.A. and Preferred Prestige Motor Holdings S.A. entered into a stock loan in respect of 15.000.000 shares which are expected to represent 0.99% of the total share capital of the issuer post rights issue.

 
               

 

Place of completion

London Stock Exchange

Date of completion

01/04/2020

 

 


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