FCAP Finncap Group Plc

TIDMCAV

RNS Number : 2207A

Cavendish Financial PLC

19 January 2024

19 January 2024

Cavendish Financial plc

("Cavendish", "the Company" or the "Group")

Holding(s) in Company

Cavendish Financial plc (AIM: CAV) announces that 3,213,512 shares of 1 pence each in the Company ("Ordinary Shares"), have been transferred from its EBT administered by Zedra Trust Company (Guernsey) Limited ("Zedra") to its EBT administered by Apex Financial Services (Trust Company) Limited ("Apex").

Following the transfer, Apex has a beneficial holding of 34,774,661 (9.6%) Ordinary Shares and Zedra has no beneficial holding.

Contacts

Cavendish Financial plc Tel: +44 (0) 20 7220 0500

Julian Morse, Co-CEO investor.relations@finncap.com

John Farrugia, Co-CEO

   Grant Thornton (Nominated Adviser)                                     Tel: +44 (0) 20 7383 5100 

Philip Secrett/Samantha Harrison/Ciara Donnelly

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BGKPX309

Issuer Name

CAVENDISH FINANCIAL PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Apex Financial Services (Trust Company) Limited

City of registered office (if applicable)

Jersey

Country of registered office (if applicable)

Jersey

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

18-Jan-2024

6. Date on which Issuer notified

18-Jan-2024

7. Total positions of person(s) subject to the notification obligation

 
                          % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                9.600000                0.000000                9.600000                34774661 
                        ======================  ======================  ======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable)            8.710000                0.000000                8.710000 
                        ======================  ======================  ======================  ====================== 
 

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

8A. Voting rights attached to shares

 
Class/Type of shares    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
ISIN code(if possible)  voting rights (DTR5.1)  voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
                                                (DTR5.2.1) 
GB00BGKPX309               34774661                                        9.600000 
                        ======================  ======================  ======================  ====================== 
Sub Total 8.A              34774661                                        9.600000% 
                        ==============================================  ============================================== 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
Type of financial           Expiration date  Exercise/conversion period  Number of voting rights    % of voting rights 
instrument                                                               that may be acquired if 
                                                                         the instrument is 
                                                                         exercised/converted 
 
Sub Total 8.B1 
                            ===========================================  =========================  ================== 
 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
Type of financial   Expiration date  Exercise/conversion  Physical or cash     Number of voting     % of voting rights 
instrument                           period               settlement           rights 
 
Sub Total 8.B2 
                    =========================================================  ===================  ================== 
 

9. Information in relation to the person subject to the notification obligation

1. 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.

 
Ultimate controlling    Name of controlled      % of voting rights if   % of voting rights      Total of both if it 
person                  undertaking             it equals or is higher  through financial       equals or is higher 
                                                than the notifiable     instruments if it       than the notifiable 
                                                threshold               equals or is higher     threshold 
                                                                        than the notifiable 
                                                                        threshold 
 
 

10. In case of proxy voting

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

Increase due to receipt of shares from another EBT of the issuer which is being closed down.

12. Date of Completion

18-Jan-2024

13. Place Of Completion

Jersey

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January 19, 2024 02:00 ET (07:00 GMT)