REG - Auction Technology - TR-1: Notification of major holdings

Auction TechnologyAnnouncement

01/07/2024 11:15

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RNS Number : 6088U  Auction Technology Group PLC  01 July 2024

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BMVQDZ64

Issuer Name

AUCTION TECHNOLOGY GROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

TA Associates Management, L.P.

City of registered office (if applicable)

Boston

Country of registered office (if applicable)

United States

4. Details of the shareholder

 Name                               City of registered office  Country of registered office
 TA Subordinated Debt Fund IV L.P.  Wilmington, Delaware       United States
 TA Investors IV EU AIV L.P.        George Town                Cayman Islands
 TA Investors XIII, L.P.            George Town                Cayman Islands
 TA XIII-B, L.P.                    George Town                Cayman Islands
 TA XIII-A, L.P.                    George Town                Cayman Islands

5. Date on which the threshold was crossed or reached

28-Jun-2024

6. Date on which Issuer notified

01-Jul-2024

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  12.593284                                             0.000000                                                                   12.593284                       15337625
 Position of previous notification (if applicable)                          17.850000                                             0.000000                                                                   17.850000

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)
 GB00BMVQDZ64                                                                          15337625                                                                         12.593284
 Sub Total 8.A                                15337625                                                                              12.593284%

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  % of voting rights
                                                                            exercised/converted

 Sub Total 8.B1

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

 Sub Total 8.B2

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  Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                                 than the notifiable threshold
 TA Associates Management, L.P.                                      0.000000                                                                                                                                                0.000000%
 TA Investors XIII, L.P.                                             0.000000                                                                                                                                                0.000000%
 TA Investors IV EU AIV, L.P.                                        0.000000                                                                                                                                                0.000000%
 TA Subordinated Debt Fund IV, L.P.                                  0.000000                                                                                                                                                0.000000%
 TA XIII-A, L.P.                                                     7.174939                                                                                                                                                7.174939%
 TA XIII-B, L.P                                                      4.355285                                                                                                                                                4.355285%

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

28-Jun-2024

13. Place Of Completion

Boston, MA USA

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