RNS Number : 2499L
Vela Technologies PLC
04 September 2019
 

TR-1: Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS 

 

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Vela Technologies Plc

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 obligationiv

Name

Morton PTC Limited as Trustee of The Morton Family Trust (MFT), Hawk Investment Holdings Limited (HIHL), Morton PTC Limited as Trustee of The Andrew Morton Family Trust (TAMFT), Groundlinks Limited (GL)

City and country of registered office (if applicable)

HIHL - St Peter Port, Guernsey

GL - Tortola, British Virgin Islands

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

Name

Hawk Investment Holdings Limited

Groundlinks Limited

City and country of registered office (if applicable)

HIHL - St Peter Port, Guernsey

GL - Tortola, British Virgin Islands

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

2nd September 2019

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

3rd September 2019

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

4.312%

 

4.312%

                   1,718,943,717

 

Position of previous notification (if

applicable)

5.101%

 

5.101%

 
             

 

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)

GB00BYZ9XC29

 

 

70,114,318

(HIHL)

 

3,999,682

(GL)

 

 

 

 

4.079%

 

 

0.233%

 

 

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8. A

74,114,000

4.312%

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8. B 1

 

 

 

 

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

 

 

 

 

p
                   

 

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)

 

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

MFT as sole shareholder of HIHL.  The Board of Directors of the Morton PTC are Albany Directors Limited, Mr Anthony David Holt, Robert Walter Morton (RWM) and Susan Margaret Howard Morton (SMHM).  The adult beneficiaries of MFT are SMHM, RWM, Charles Morton (CNM), Edward Morton (EGM) and Andrew Morton (ARM).

0

0

0

HIHL

4.079%

0

4.079%

 

 

 

 

TAMFT as sole shareholder of GL.  The ultimate beneficiary of TAMFT is ARM.

0

0

0

GL

0.233%

 

0.233%

 

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

 
         

 

Place of completion

Guernsey, Channel Islands

Date of completion

3rd September 2019
 

 

 


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