TIDMLOOP

RNS Number : 9879R

LoopUp Group PLC

01 November 2019

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible)(i) 
 
 1a. Identity of the issuer or the                                            LoopUp Group Plc 
  underlying issuer of existing shares 
  to which voting rights are attached(ii) 
  : 
                                                             -------------------------------------------------- 
 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) : Please refer to #11. Additional information 
                                                                                                           ---- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                              1. Soros Fund Management LLC 
                                                                    2. Quantum Partners LP 
                                                                    3. SFM UK Holdings Ltd 
                                                                    4. SFM UK Management LLP 
                                                                    5. Quantum Support Services (Ireland) 
                                                                    Limited 
 City and country of registered office                             1. New York USA 
  (if applicable)                                                   2. Cayman Islands 
                                                                    3. London, United Kingdom 
                                                                    4. London, United Kingdom 
                                                                    5. Dublin, Ireland 
 4. Full name of shareholder(s) (if different from 3.)(v) 
 Name                                                         Morgan Stanley 
                                                               Goldman Sachs 
                                                             -------------------------------------------------- 
 City and country of registered office                        London, United Kingdom 
  (if applicable) 
                                                             -------------------------------------------------- 
 5. Date on which the threshold was                           30 October 2019 
  crossed or reached(vi) : 
                                                             -------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):               1 November 2019 
                                                             -------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting        % of voting rights       Total of both     Total number 
                            rights attached       through financial        in % (8.A +       of voting rights 
                            to shares (total         instruments               8.B)          of issuer(vii) 
                                of 8. A)            (total of 8.B 
                                                     1 + 8.B 2) 
                          ------------------  -----------------------  ------------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                     4.98%                   0                    4.98%             55,245,182 
                          ------------------  -----------------------  ------------------  -------------------- 
 Position of 
  previous notification 
  (if applicable)                5.34%                   0                    5.34% 
                          ------------------  -----------------------  ------------------  -------------------- 
 
 
 
 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 
                     (Art 9 of Directive         (Art 10 of Directive          (Art 9 of Directive     (Art 10 of Directive 
                         2004/109/EC)                2004/109/EC)             2004/109/EC) (DTR5.1)        2004/109/EC) 
                           (DTR5.1)                   (DTR5.2.1)                                            (DTR5.2.1) 
                                           ------------------------------ 
 GB00BYQP6S60                 0                       2,752,566                        0                      4.98% 
                   ----------------------  ------------------------------  -------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                            2,752,566                                              4.98% 
                   ------------------------------------------------------  ------------------------------------------------ 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration    Exercise/                          Number of voting                  % of voting 
  financial          date(x)       Conversion Period(xi)              rights that may                   rights 
  instrument                                                          be acquired if 
                                                                      the instrument 
                                                                      is 
                                                                      exercised/converted. 
                   ------------  ---------------------------------  --------------------------------  --------------------- 
 
 
                                  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       Expiration         Exercise/              Physical or             Number of             % of voting 
  financial     date(x)            Conversion             cash                    voting rights         rights 
  instrument                       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 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                          X 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity(xiv) (please add additional 
  rows as necessary) 
 
   Chain 1:        Name(xv)            % of voting      % of voting rights      Total of both if 
                               rights if it      through financial       it equals or is 
                               equals or is      instruments if it       higher than the 
                               higher than      equals or is higher    notifiable threshold 
                              the notifiable    than the notifiable 
                                threshold            threshold 
    Soros Fund Management 
     LLC                          4.98%                                       4.98% 
                            ----------------  ---------------------  ---------------------- 
    SFM UK Holdings 
     Limited                      4.98%                                       4.98% 
                            ----------------  ---------------------  ---------------------- 
    SFM UK Management 
     LLP                          4.98%                                       4.98% 
                            ----------------  ---------------------  ---------------------- 
 
 
   Chain 2:        Name(xv)            % of voting      % of voting rights      Total of both if 
                               rights if it      through financial       it equals or is 
                               equals or is      instruments if it       higher than the 
                               higher than      equals or is higher    notifiable threshold 
                              the notifiable    than the notifiable 
                                threshold            threshold 
    Quantum Partners LP           4.98%                                       4.98% 
                            ----------------  ---------------------  ---------------------- 
    Quantum Support 
     Services 
     (Ireland) Limited            4.98%                                       4.98% 
                            ----------------  ---------------------  ---------------------- 
---------------------------------------------------------------------------------------------------- 
 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) 
 
 
 
 
 Place of completion   London, United Kingdom 
 Date of completion    1 November 2019 
                      ----------------------- 
 

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END

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