Source - LSE Regulatory
RNS Number : 9800L
Bank of Cyprus Holdings PLC
16 September 2021
 

Standard Form TR-1

Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)I

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Bank of Cyprus Holdings Public Limited Company, 10 Earlsfort Terrace, Dublin 2 (LEI 635400L14KNHZXPUZM19)

2.Reason for the notification (please tick the appropriate box or boxes):

[√] An acquisitionor disposalof voting rights*

[ ] 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 obligationiv :

Name:

 

(1) Senvest Cyprus Recovery Investment Fund, LP

(2) RIMA Senvest Cyprus GP Ltd.

 

(3) Senvest Management, LLC

 

(4) Senvest Master Fund, LP

 

(5) RIMA Senvest Master Fund GP, LLC

 

 

 

City and country of registered office (if applicable): (1), (2)and (4) Grand Cayman, Cayman Islands

(3) and (5) Delaware, United States of America

4. Full name of shareholder(s) (if different from 3.)v: Senvest Master Fund, LP & Senvest Cyprus Recovery Investment Fund, LP

5. Date on which the threshold was crossed or reachedvi: 14 September 2021

6. Date on which issuernotified: 15 September 2021

7. Threshold(s) that is/are crossed or reached: Above 5%

 

 

*See section 12

 

8. Total positions of person(s) subject to thenotification obligation:

 

% of voting rights attached to shares (totalof9.A)

% of voting rights through financial instruments

(totalof 9.B.1 +9.B.2)

 

Total of both in % (9.A + 9.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

 

5.01%

 

N/A

 

5.01%

 

446,199,933

Position of previous notification (if applicable)

4.02%

N/A

4.02%

 

 

 

9. Notified details ofthe 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 votingrightsix

% of voting rights

 

Direct

 

Indirect

 

Direct

 

Indirect

IE00BD5B1Y92

22,338,748

 

5.01%

-

 

 

 

 

 

 

 

 

 

 

SUBTOTAL A

22,338,748

5.01%

 

B 1:Financial Instruments according to Regulation 17(1)(a)ofthe Regulations

 

Type of financial instrument

 

Expiration datex

 

Exercise/ Periodxi

Number of voting rights that may be acquired ifthe instrumentis

exercised/converted.

 

 

% of voting rights

N/A

N/A

N/A

N/A

N/A

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL B.1

 

 

               

 

B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations

Type of financial instrument

Expiration datex

Exercise/

Period xi

Physical or cash

settlementxii

Number of rights

 

% of voting rights

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SUBTOTAL B.2

 

 

 

 

10. Information in relation to the person subject to the notification obligation (please tick the applicablebox):

 

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and doesnot control anyother undertaking(s) holding directly or indirectlyan interest in the (underlying) issuer.xiii

 

[√] Fullchain of controlledundertakings throughwhich thevoting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

 

 

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

Senvest Management, LLC

N/A

N/A

N/A

RIMA Senvest Cyprus GPLtd.

N/A

N/A

N/A

Senvest Cyprus Recovery Investment Fund, LP

3.67%

N/A

3.67%

Senvest Master Fund, LP

1.34%

N/A

1.34%

 

 

 

 

 

 

 

 

 

11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date] N/A

 

12. Additional informationxvi:

 

16,383,514 of the shares are held in by Senvest Cyprus Recovery Investment Fund, LP, a Cayman Islands exempted limited partnership.

 

5,955,234 are held by Senvest Master Fund, LP, aCayman Islandsexemptedlimited partnership.

 

RIMA Senvest Cyprus GP Ltd. is the general partner of Senvest Cyprus Recovery Investment Fund, LP. RIMASenvestMasterFundGP, LLC is the generalpartner ofSenvestMaster Fund,LP.

Senvest Management, LLCisthe investment manager of the Senvest Cyprus Recovery Investment Fund,

LP and SenvestMaster Fund LP.

 

Done at New York, New York, United States of America on 14 September 2021.

 

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END
 
 
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