TR-1 : NOTIFICATION OF MAJOR HOLDINGS

By

Regulatory News | 03 Dec, 2024

Updated : 07:17

RNS Number : 5003O
International Workplace Group PLC
03 December 2024
 

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)


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

International Workplace Group plc

1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)

Non-UK issuer

X

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights


An acquisition or disposal of financial instruments


An event changing the breakdown of voting rights


Other (please specify): Voluntary notification to reflect direct acquisition of shares of International Workplace Group plc.

X

3. Details of person subject to the notification obligation

Name

Conversant Capital LLC

City and country of registered office (if applicable)

Wilmington, Delaware, USA

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

Name

Conversant GP Holdings LLC

City and country of registered office (if applicable)

Wilmington, Delaware, USA

Name

Conversant Opportunity Master Fund LP

City and country of registered office (if applicable)

Cayman Islands

Name

Conversant Opportunity Fund LP

City and country of registered office (if applicable)

Wilmington, Delaware, USA

Name

Conversant Opportunity Offshore Fund LP

City and country of registered office (if applicable)

Cayman Islands

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

25 November 2024

6. Date on which issuer notified (DD/MM/YYYY):

2 December 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 (8.A + 8.B)

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

1.91%

0.00%

1.91%

19,337,980

Position of previous notification (if

applicable)





 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rights

% of voting rights

Direct

(DTR5.1)

Indirect

 (DTR5.2.1)

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

JE00BYVQYS01


19,337,980


1.91%











SUBTOTAL 8. A

19,337,980

1.91%

 

 

B 1: 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

exercised/converted.

% of voting rights


















SUBTOTAL 8. B 1



 

 

B 2: 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





















 

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


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)


Name

% 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

Michael J. Simanovsky




Conversant Capital LLC




Conversant GP Holdings LLC, as the general partner of each of Conversant Opportunity Fund LP, Conversant Opportunity Offshore Fund LP and Conversant Opportunity Master Fund LP




Conversant Opportunity Fund LP, as a feeder fund into Conversant Opportunity Master Fund LP




Conversant Opportunity Offshore Fund LP, as a feeder fund into Conversant Opportunity Master Fund LP




Conversant Opportunity Master Fund LP

1.91%

0.00%

1.91%

 

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


 

Place of completion

London, United Kingdom

Date of completion

2 December 2024

 

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