EZH.L

easyHotel Plc
easyHotel PLC - Holding(s) in Company
26th February 2020, 15:49
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RNS Number : 2458E
easyHotel PLC
26 February 2020
 

TR-1: Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS


1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

easyHotel plc

1b. Please indicate if the issuer is a non-UK issuer  

Non-UK issuer


2. Reason for the notification

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 obligationiv

Name

Citrus Holdco Limited

City and country of registered office

London, UK

4. Full name of shareholder(s) (if different from 3.)v

Name


City and country of registered office


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

26/02/2020

6. Date on which issuer notified:

26/02/2020

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


% of voting rights attached to shares

% of voting rights through financial instruments

Total of both in %

Total number of voting rights of issuervii

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

68.85%


68.85%

145,954,546

Position of previous notification

 

68.85%


68.85%


 

8. 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

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00BN56KF84

100,483,906.00


68.85%












SUBTOTAL 8. A

100,483,906.00

68.85%


B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

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


















SUBTOTAL 8. B 1



 

 

B 2: 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
datex

Exercise/
Conversion Period xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights






















SUBTOTAL 8.B.2



 

 

 

 

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

 

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) issuerxiii


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

 

The voting rights are managed and controlled by Citrus Holdco Limited, with the following chain of controlling undertakings.

 

Citrus Holdco Limited is owned by a consortium of ICAMAP Investments S.à r.l. and Cadim Fonds Inc.

 

ICAMAP Investments S.à r.l. is in turned owned by ICAMAP Investors SLP-SIF. ICAMAP Investors SLP-SIF is beneficially owned by certain limited partners. Its managing general partner and AIFM is ICAMAP S.à r.l. and its investment advisor is ICAMAP Advisory S.à r.l.

 

Cadim Fonds Inc. is owned by Cadim Inc, which in turn is owned by Ivanhoé Cambridge Inc. Ivanhoé Cambridge Inc. is a subsidiary of Caisse de dépôt et placement du Québec.

 

X

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






















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 informationxvi

Formal notification of Citrus Holdco Limited's total holding following: (i) the close of the recommended unconditional mandatory cash offer by Citrus Holdco Limited (formerly known as Citrus UK Bidco Limited) for easyHotel on 1 October 2020, as disclosed in the offer closing announcement released on that date, and (ii) subsequent market purchases of easyHotel shares by Citrus Holdco Limited in January and February 2020. The later market purchases did not in themselves require disclosure under DTR 5.1.2.

 

 

Place of completion

London, UK

Date of completion

26/02/2020

 


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