RNS Number : 4303TBenchmark Holdings PLC17 March 2023

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS


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

BENCHMARK HOLDINGS PLC

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 obligationiv

Name

1.   JNE Partners LLP

2.   Jonathan Esfandi

City and country of registered office (if applicable)

1.   London, England & Wales

2.   N/a

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

Name

1.  Goldman Sachs Securities (Nominees) Ltd.

2.  Citibank, N.A.

3.  Euroclear Nominees Ltd.

City and country of registered office (if applicable)

1.   London, England & Wales

2.   New York, USA

3.   London, England & Wales

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

15 March 2023

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

16 March 2023

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

% of voting rights attached to shares (total of 8. A)

% ofvoting rights throughfinancial instruments
(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

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

22.74%

0%

22.74%

739,277,469

Position of previous notification (if

applicable)

21.11%

0%

21.11%


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

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

GB00BGHPT808 / BGHPT80 GB


11,668,812


1.58%

GB00BGHPT808 / BPLKLH7 NO


156,432,449


21.16%

SUBTOTAL 8. A

168,101,261

22.74%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
datex

Exercise/
Conversion Periodxi

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 Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expiration
datex

Exercise/
Conversion Periodxi

Physical or cash

settlementxii

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) issuerxiii


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 entityxiv (please add additional rows as necessary)

X

Namexv

% 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

Jonathan Esfandi

22.74%

N/A

22.74%

JNE Partners LLP

22.74%

N/A

22.74%


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 informationxvi

Increase of position to more than 22%, voting rights rounded to two decimal places

Place of completion

London, UK

Date of completion

16/03/2023

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