TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
(1a). Identity of the issuer or the underlying issuer of
existing shares to which voting rights are attached
ii : 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) iii : ( )
(3). Details of person subject to the notification
obligation iv
Name: Armstrong Investments Ltd
City and country of registered office (if applicable): Les
Banques, Guernsey
(4). Full name of shareholder(s) (if different from 3.)
v
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 vi : 07/06/2022
(6). Date on which issuer notified (DD/MM/YYYY):
08/06/2022
(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):
6.627%
% of voting rights through financial instruments (total of 8.B 1
+ 8.B 2): 0%
Total of both in % (8.A + 8.B): 6.672%
Total number of voting rights held in issuer vii :
400,000
Position of previous notification (if applicable)
% of voting rights attached to shares (total of 8. A):
5.838%
% of voting rights through financial instruments (total of 8.B 1
+ 8.B 2): 0%
Total of both in % (8.A + 8.B): 5.838%
(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 shares (ISIN code - if possible): GB0000684174
Number of Voting rights ix
Direct: 400,000
Indirect: NIL
Subtotal: 400,000
% of Voting rights
Direct: 6.672
Indirect: NIL
Subtotal 8.A: 6.672%
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 x : ( )
Exercise/Conversion Period xi : ( )
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 x : ( )
Exercise/Conversion Period xi : ( )
Physical or cash settlement xii : ( )
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 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 xiv (please add additional rows as necessary):
(X)
Name xv : Mr W A Black
% of voting rights if it equals or is higher than the
notifiable threshold: 6.672%
% 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: 6.672%
(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 xvi : Threshold
crossed – 6%
Disclosure based on 5,995,000 ordinary shares with voting
rights
Contact Name: Diane Miller
Contact Telephone Number: 0131 718 5618
Date: 8 June 2022