TIDMBME

RNS Number : 9771W

B&M European Value Retail S.A.

15 December 2023

15 December 2023

B&M European Value Retail S.A. (the "Company")

Notification of major holdings

We refer to the Company's announcement made on 13 December 2023.

The Company has been informed that the Company's Group Trading Director, Bobby Arora's beneficial shareholding in the Company via SSA Investments S.ar.l. ("SSA") remains unchanged and the Placing Shares involved in the placing undertaken by SSA were those held ultimately for the benefit of its (indirect) shareholders Simon and Robin Arora and do not include any related to its indirect shareholder Bobby Arora.

The Company has now received the TR-1 notification below from SSA which is being published by the Company in accordance with its obligations under the Disclosure, Guidance and Transparency Rules.

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

LU1072616219

Issuer Name

B&M EUROPEAN VALUE RETAIL S.A.

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

SSA Investments S.àr.l.

City of registered office (if applicable)

Luxembourg

Country of registered office (if applicable)

Luxembourg

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

13-Dec-2023

6. Date on which Issuer notified

13-Dec-2023

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

 
                          % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                4.194000                0.000000                4.194000                42059428 
                        ======================  ======================  ======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable)            6.988000                0.000000                6.988000 
                        ======================  ======================  ======================  ====================== 
 

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    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
ISIN code(if possible)  voting rights (DTR5.1)  voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
                                                (DTR5.2.1) 
LU1072616219               34003934                8055494                 3.391000                0.803000 
                        ======================  ======================  ======================  ====================== 
Sub Total 8.A              42059428                                        4.194000% 
                        ==============================================  ============================================== 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
Type of financial           Expiration date  Exercise/conversion period  Number of voting rights    % of voting rights 
instrument                                                               that may be acquired if 
                                                                         the instrument is 
                                                                         exercised/converted 
 
Sub Total 8.B1 
                            ===========================================  =========================  ================== 
 

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

 
Type of financial   Expiration date  Exercise/conversion  Physical or cash     Number of voting     % of voting rights 
instrument                           period               settlement           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     Name of controlled       % of voting rights if  % of voting rights     Total of both if it 
person                   undertaking              it equals or is        through financial      equals or is higher 
                                                  higher than the        instruments if it      than the notifiable 
                                                  notifiable threshold   equals or is higher    threshold 
                                                                         than the notifiable 
                                                                         threshold 
   Simon Arora              SSA Investments 
                            S.àr.l. 
                         =======================  =====================  =====================  ====================== 
   Bobby Arora              SSA Investments 
                            S.àr.l. 
                         =======================  =====================  =====================  ====================== 
   SSA Investments S.àr.l.                      4.194000                                      4.194000% 
                                                  =====================  =====================  ====================== 
 

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

The 8,055,494 shares in the Issuer held indirectly (section 7) are held by Praxis Nominees Limited, as a nominee for SSA Investments. The voting rights attached to these shares will be exercised by Praxis Nominees Limited as instructed by SSA Investments." For reference, historic DTR5 notification: https://otp.tools.investis.com/clients/uk/bandm1/rns/regulatory-story.aspx?cid=904&newsid=1544280

12. Date of Completion

14-Dec-2023

13. Place Of Completion

Luxembourg

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END

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December 15, 2023 04:00 ET (09:00 GMT)

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