TR-1:
NOTIFICATION OF MAJOR INTERESTS IN SHARES
(1a).
Identity of the issuer or the underlying issuer of existing shares
to which voting rights are attached: SVM UK
Emerging Fund
(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: (X)
An
acquisition or disposal of financial instruments: ( )
An event
changing the breakdown of voting rights: ( )
Other
(please specify): ( )
(3).
Details
of person subject to the notification
obligation
Name:
William Black, Armstrong
Investments
City and
country of registered office (if applicable): Douglas, Isle of Man
(4).
Full name of shareholder(s) (if
different from 3.)
Name:
Nortrust Nominees Limited
City and
country of registered office (if applicable): London, UK
(5).
Date of the transaction and date on which the threshold is crossed
or reached:
26/03/2024
(6).
Date on which issuer notified
(DD/MM/YYYY):
28/03/2024
(7).
Total positions of person(s) subject to the notification
obligation
Resulting
situation on the date on which threshold was crossed or
reached
% of
voting rights attached to shares (total of 8. A):
15.596330%
% of
voting rights through financial instruments (total of 8.B 1 + 8.B
2): 0%
Total of
both in % (8.A + 8.B): 15.596330%
Total
number of voting rights held in issuer: 935,000
Position
of previous notification (if applicable)
% of
voting rights attached to shares (total of 8. A):
14.261885%
% of
voting rights through financial instruments (total of 8.B 1 + 8.B
2): 0%
Total of
both in % (8.A + 8.B): 14.261885%
(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 shares (ISIN code - if possible): GB0000684174
Number
of Voting rights
Direct:
935,000
Indirect:
NIL
Subtotal:
935,000
%
of Voting rights
Direct:
15.596330%
Indirect:
NIL
Subtotal
8.A: 15.596330%
B1.
Financial Instruments according to Art. 13(1)(a) of Directive
2004/109/EC (DTR5.3.1.1 (a))
Type of
financial instrument: ( )
Expiration
date: ( )
Exercise/Conversion
Period: ( )
Number of
voting rights that may be acquired if the instrument is
exercised/converted: ( )
% of
voting rights: ( )
Subtotal
8.B.1: ( )
B2.
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
date: ( )
Exercise/Conversion
Period: ( )
Physical
or cash settlement: ( )
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) issuer: ( )
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): (X)
Name:
William Black
Name
of controlled undertaking:
Armstrong Investments Limited
%
of voting rights if it equals or is higher than the notifiable
threshold:
15.596330%
%
of voting rights through financial instruments if it equals or is
higher than the notifiable threshold: 0%
Total
of both if it equals or is higher than the notifiable
threshold:
15.596330%
(10).
In case of proxy voting, please identify
Name of
the proxy holder: ( )
The number
and % of voting rights held: ( )
The number
and % of voting rights held: ( )
(11).
Additional information:
Threshold crossed – 14%
Disclosure
based on 5,995,000 ordinary shares with voting rights
Contact
Name: Diane Miller
Contact
Telephone Number: 0131 718 5618
Date:
28 March 2024