EQTEC PLC received a notification of major holdings from Catalyse Capital Ltd and related parties, RS & CA Jennings, on February 13, 2024. The reason for the notification was an acquisition or disposal of voting rights. The total position of the notifying party on the date the threshold was crossed or reached was 5.60% of voting rights attached to shares, which amounts to 10,162,349 voting rights. This represents an increase in their voting rights in EQTEC PLC.
The notification indicates that Catalyse Capital Ltd and related parties hold 5.60% of voting rights directly through the ownership of 10,162,349 ordinary shares of 0.1 pence each in Corcel Plc. The notification also states that there are no financial instruments with similar economic effect or financial instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) held by the notifying party.
The person subject to the notification obligation, Catalyse Capital Ltd and related parties, 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. The notification was completed in London, UK.
This notification provides insight into the increased stake in EQTEC PLC by Catalyse Capital Ltd and related parties, RS & CA Jennings, and their direct holding of voting rights in the company. It offers transparency regarding the changes in major holdings within the company and the parties involved in the acquisition of voting rights.