Source - LSE Regulatory
RNS Number : 5189L
Clipper Logistics plc
13 May 2022
 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BMMV6B79

Issuer Name

CLIPPER LOGISTICS PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

Bank of America Corporation

City of registered office (if applicable)

 

Country of registered office (if applicable)

US

4. Details of the shareholder

Name

City of registered office

Country of registered office

Merrill Lynch International

London

United Kingdom

5. Date on which the threshold was crossed or reached

11-May-2022

6. Date on which Issuer notified

13-May-2022

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8.A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer

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

7.716098

11.488828

19.204926

19945107

Position of previous notification (if applicable)

8.551267

8.805013

17.356280


8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights (DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

GB00BMMV6B79


8013485


7.716098

Sub Total 8.A

8013485

7.716098%

8B1. Financial Instruments according to (DTR5.3.1R.(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

Right to Recall

N/A

N/A

1093

0.001052

Swaps

27/07/2022

N/A

836000

0.804975

Sub Total 8.B1


837093

0.806027%

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights

Swaps

27/06/2022

N/A

Cash

754407

0.726410

Swaps

11/07/2022

N/A

Cash

1670000

1.608025

Swaps

19/07/2022

N/A

Cash

325714

0.313626

Swaps

30/11/2022

N/A

Cash

920

0.000886

Swaps

04/01/2023

N/A

Cash

384000

0.369749

Swaps

31/01/2023

N/A

Cash

13067

0.012582

Swaps

07/02/2023

N/A

Cash

835000

0.804012

Swaps

15/02/2023

N/A

Cash

3612

0.003478

Swaps

29/03/2023

N/A

Cash

13800

0.013288

Swaps

31/03/2023

N/A

Cash

2636572

2.538727

Swaps

03/05/2023

N/A

Cash

1034000

0.995627

Swaps

31/05/2023

N/A

Cash

1648

0.001587

Swaps

09/06/2023

N/A

Cash

967738

0.931824

Swaps

12/06/2023

N/A

Cash

1951674

1.879246

Swaps

31/10/2023

N/A

Cash

2377

0.002289

Swaps

28/03/2024

N/A

Cash

500000

0.481445

Sub Total 8.B2


11094529

10.682801%

9. Information in relation to the person subject to the notification obligation

2. 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 entities (please add additional rows as necessary)

Ultimate controlling person

Name of controlled undertaking

% 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

Bank of America Corporation

Merrill Lynch International

6.532667

6.105574

12.638241%

Bank of America Corporation

BofA Securities EUROPE SA




Bank of America Corporation

Bank of America, NA




10. In case of proxy voting

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

 

12. Date of Completion

13-May-2022

13. Place Of Completion

United Kingdom

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