TIDMLEND

RNS Number : 4226C

Sancus Lending Group Limited

12 June 2023

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS 
 
 1a. Identity of the issuer or the                                        Sancus Lending Group Limited 
  underlying issuer of existing shares 
  to which voting rights are attached 
  (ii) : 
                                                             ----------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer                                                                                                  X 
                                                                                                              ---- 
 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                                                               X 
                                                                                                              ---- 
 Other (please specify) (iii) : 
                                                                                                              ---- 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                         Somerston Fintech Limited and Golf 
                                                               Investments Limited. 
 City and country of registered office                        St Helier, Jersey 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name                                                         Golf Investments Limited 
                                                               Somerston Fintech Limited 
                                                             ----------------------------------------------------- 
 City and country of registered office                        St Helier Jersey 
  (if applicable) 
                                                             ----------------------------------------------------- 
 5. Date on which the threshold was                           9 June 2023 
  crossed or reached (vi) : 
                                                             ----------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):               12 June 2023 
                                                             ----------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                       % of voting           % of voting rights           Total of both        Total number 
                     rights attached          through financial            in % (8.A +          of voting 
                     to shares (total            instruments                   8.B)             rights held 
                         of 8. 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        51.50%                    5.08%                     56.58%                    330,524,096 
                ------------------------  ------------------------  ------------------------  -------------------- 
 Position of 
  previous 
  notification 
  (if 
  applicable)    50.44%                    5.08%                     55.52% 
                ------------------------  ------------------------  ------------------------  -------------------- 
 8. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of           Number of voting rights                            % of voting rights 
 shares                   (ix) 
 ISIN code (if 
 possible) 
                                  Direct                  Indirect                  Direct             Indirect 
                                 (DTR5.1)                 (DTR5.2.1)               (DTR5.1)            (DTR5.2.1) 
                                                   ---------------------- 
 Ordinary Shares of 
  no par value 
  GB00B0CL3P62           300,827,335                                        51.50% 
                        -------------------------  ----------------------  -----------------------  -------------- 
 
 
 SUBTOTAL 8. A                             300,827,335                                      51.50% 
                        -------------------------------------------------  --------------------------------------- 
 
 B 1: Financial Instruments according to DTR5.3.1R (1) (a) 
 Type of financial       Expiration    Exercise/                     Number of voting                % of voting 
  instrument              date          Conversion Period             rights that may                 rights 
                          (x)           (xi)                          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          % of voting 
  instrument          date (x)          Conversion             or cash             voting rights      rights 
                                        Period (xi)            Settlement 
                                                               (xii) 
                    ----------------  ---------------------  ------------------  ----------------- 
                     31 December 
 Warrants             2025             30 days notice         Physical            29,696,761         5.08% 
                    ----------------  ---------------------  ------------------  ----------------- 
 
 
                                                              SUBTOTAL 
                                                               8.B.2              29,696,761         5.08% 
                                                             ------------------  ----------------- 
 
 
 
 
 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 (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 (xv)        % of voting rights      % of voting rights       Total of both if 
                       if it equals or        through financial        it equals or is 
                      is higher than the      instruments if it        higher than the 
                     notifiable threshold    equals or is higher     notifiable threshold 
                                             than the notifiable 
                                                  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 (xvi) 
 
 
 
 
 Place of completion   St Helier, Jersey 
 Date of completion    9 June 2023 
                      ------------------ 
 

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