REG - System1 Group PLC - Holding(s) in Company

System1Announcement

23/01/2025 07:00

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RNS Number : 3651U  System1 Group PLC  23 January 2025

 

     22nd January 2025

 

System1 Group PLC (AIM: SYS1)

 ("System1", or "the Company", or "the Group")

 

TR1: Notification of major holdings

 

On 22nd January 2025, the Company received the TR1 Standard form for
notification of major holdings as disclosed below:

 

TR-1: Standard form for notification of major holdings

 1a. Identity of the issuer or the underlying issuer of existing shares to                                                                                    System1 Group plc
 which voting rights are attached (ii):

                                                                                                                                                              GB00B1GVQH21
 1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X"
 if appropriate)
 Non-UK issuer
 2. Reason for the notification (please mark the appropriate box or boxes with
 an "X")
 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 obligation (iv)
 Name                                                                                                                                                         Crucible Clarity Fund Plc
 City and country of registered office (if applicable)                                                                                                        Douglas, Isle of Man
 4. Full name of shareholder(s) (if different from 3.) (v)
 Name
 City and country of registered office (if applicable)
 Name
 City and country of registered office (if applicable)
 5. Date on which the threshold was crossed or reached (vi):                                                                                                  21/01/2025
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                               22/01/2025
 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 both in % (8.A + 8.B)  Total number of voting rights held in issuer (8.A + 8.B) (vii)

(total of 8.B 1 + 8.B 2)
 Resulting situation on the date on which threshold was crossed or reached  4.33                                                   N/A                                                   4.33                            549,895
 Position of previous notification (if                                      3.20                                                   N/A                                                   3.20                                  405,895

 applicable)

 

 8. Notified details of the resulting situation on the date on which the
 threshold was crossed or reached (viii)
 A: Voting rights attached to shares
 Class/type of                                  Number of voting rights (ix)                                              % of voting rights

shares

 ISIN code (if possible)
                                                Direct                    Indirect                                        Direct                                           Indirect

                                                (DTR5.1)                   (DTR5.2.1)                                     (DTR5.1)                                         (DTR5.2.1)
 GB00B1GVQH21                                   549,895                                                                   4.33

 SUBTOTAL 8. A                                  549,895                                                                   4.33%

 B 1: Financial Instruments according to DTR5.3.1R (1) (a)
 Type of financial instrument                   Expiration  Exercise/                             Number of voting rights that may be acquired if the instrument is        % of voting rights

date (x)
Conversion Period (xi)

                                                                                                  exercised/converted.

                                                            SUBTOTAL 8. B 1

 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R
 (1) (b)
 Type of financial instrument  Expiration                   Exercise/                   Physical or cash                                          Number of voting rights  % of voting rights

date (x)
Conversion Period (xi)

                                                                                        Settlement (xii)

                                                                                        SUBTOTAL 8.B.2

 

 9. Information in relation to the person subject to the notification
 obligation (please mark the

 applicable box with an "X")
 Person subject to the notification obligation is not controlled by any natural                                                                                                                                                                            x
 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 entity (please add additional rows as
 necessary) (xiv)
 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

 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 information (xvi)

 Based on the reported 12,689,073 voting rights

 

 Place of completion  Douglas, Isle of Man
 Date of completion   22/01/2025

 

 

The Company can be found at www.system1group.com (http://www.system1group.com)
.

 

For further information, please contact:

 

 System1 Group PLC                          Tel: +44 (0)20 7043 1000
 James Gregory, Chief Executive Officer
 Chris Willford, Chief Financial Officer
 Canaccord Genuity Limited                  Tel: +44 (0)20 7523 8000
 Simon Bridges / Andrew Potts / Harry Rees

 

 

 

 

 

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