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 acquisition or disposal of 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: 16 February 2022 | |
| 6. Date on which issuer notified: 17 February 2022 | |
| 7. Threshold(s) that is/are crossed or reached: Above 6% | |
*See section 12
| 8. Total positions of person(s) subject to the notification obligation: | ||||
| | % of voting rights attached to shares (total of 9.A) | % of voting rights through financial instruments (total of 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 |
6.01% |
N/A |
6.01% |
446,199,933 |
| Position of previous notification (if applicable) | 5.01% | N/A | 5.01% | |
| 9. Notified details of the 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 voting rightsix | % of voting rights | |||||
|
Direct |
Indirect |
Direct |
Indirect | ||||
| IE00BD5B1Y92 | 26.837.132 | | 6.01% | - | |||
| | | | | | |||
| | | | | | |||
| SUBTOTAL A | 26.837.132 | 6.01% | |||||
| | |||||||
| B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations | |||||||
|
Type of financial instrument |
Expiration datex |
Exercise/ Conversion Periodxi | Number of voting rights that may be acquired if the instrument is 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/ Conversion Period xi | Physical or cash settlementxii | Number of voting rights |
% of voting rights |
| | | | | | |
| | | | | | |
| | | | | | |
| | SUBTOTAL B.2 | | | ||
| 10. Information in relation to the person subject to the notification obligation (please tick the applicable box):
[ ] 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 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 GP Ltd. | N/A | N/A | N/A |
| Senvest Cyprus Recovery Investment Fund, LP | 3.67% | N/A | 3.67% |
| Senvest Master Fund, LP | 2.34% | N/A | 2.34% |
| | | | |
| 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.
10.453.618 are held by Senvest Master Fund, LP, a Cayman Islands exempted limited partnership.
RIMA Senvest Cyprus GP Ltd. is the general partner of Senvest Cyprus Recovery Investment Fund, LP. RIMA Senvest Master Fund GP, LLC is the general partner of Senvest Master Fund, LP. Senvest Management, LLC is the investment manager of the Senvest Cyprus Recovery Investment Fund, LP and Senvest Master Fund LP. |
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