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FitzWalter Capital Limited notified Auction Technology Group PLC on 27 February 2025 of a major holding change involving an acquisition of voting rights and an internal reorganisation. This resulted in FitzWalter Capital Limited holding 15.145986% of voting rights, equating to 18,535,572 shares, an increase from its previous notification of 14.175598%. The internal reorganisation included the transfer of shares previously held by FW Securities Limited to FW Securities II Limited.
| Date | 28 Feb 2025 |
| Time | 07:00:10 |
| Category | Holding(s) in company |
| ID | 7893Y |
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BMVQDZ64
Issuer Name
AUCTION TECHNOLOGY GROUP PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights; Other
Comments
Acquisition of voting rights and internal reorganisation. See Additional Information section.
3. Details of person subject to the notification obligation
Name
FitzWalter Capital Limited
City of registered office (if applicable)
London
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
|
Name |
City of registered office |
Country of registered office |
|
FW Securities II Limited |
St Helier |
Jersey |
|
FW Shelf 1 Limited |
St Helier |
Jersey |
|
FitzWalter Capital Partners (Financial Trading) Limited |
Guildford |
UK |
5. Date on which the threshold was crossed or reached
27-Feb-2025
6. Date on which Issuer notified
27-Feb-2025
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 |
|
|
Resulting situation on the date on which threshold was crossed or reached |
15.145986 |
0.000000 |
15.145986 |
18535572 |
|
Position of previous notification (if applicable) |
14.175598 |
0.000000 |
14.175598 |
|
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 ISIN code(if possible) |
Number of direct voting rights (DTR5.1) |
Number of indirect voting rights (DTR5.2.1) |
% of direct voting rights (DTR5.1) |
% of indirect voting rights (DTR5.2.1) |
|
GB00BMVQDZ64 |
|
18535572 |
|
15.145986 |
|
Sub Total 8.A |
18535572 |
15.145986% |
||
8B1. 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 |
|
|
|
|
|
|
|
Sub Total 8.B1 |
|
|
|
|
8B2. 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 |
|
|
|
|
|
|
|
|
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 person |
Name of controlled undertaking |
% 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 |
|
Benjamin Brazil |
FitzWalter Capital Partners HoldCo Limited (Chain 1) |
5.048662 |
|
5.048662% |
|
Benjamin Brazil |
FitzWalter Capital Partners (Special Limited Partner) GP Limited (Chain 1) |
5.048662 |
|
5.048662% |
|
Benjamin Brazil |
FitzWalter Capital Partners (Special Limited Partner), LP (Chain 1) |
5.048662 |
|
5.048662% |
|
Benjamin Brazil |
FitzWalter Capital Partners GP Limited (Chain 1) |
5.048662 |
|
5.048662% |
|
Benjamin Brazil |
FitzWalter Capital Partners I, LP (Chain 1) |
5.048662 |
|
5.048662% |
|
Benjamin Brazil |
FitzWalter Capital Partners (Master Holdco) Limited (Chain 1) |
5.048662 |
|
5.048662% |
|
Benjamin Brazil |
FitzWalter Capital Partners (Financial Trading) Limited (Chain 1) |
0.273546 |
|
0.273546% |
|
Benjamin Brazil |
FW Shelf 1 Limited (Chain 1) |
4.775116 |
|
4.775116% |
|
Benjamin Brazil |
FitzWalter Capital Partners HoldCo Limited (Chain 2) |
10.097324 |
|
10.097324% |
|
Benjamin Brazil |
FitzWalter Capital Partners (Special Limited Partner) GP II Limited (Chain 2) |
10.097324 |
|
10.097324% |
|
Benjamin Brazil |
FitzWalter Capital Partners (Special Limited Partner) II, LP (Chain 2) |
10.097324 |
|
10.097324% |
|
Benjamin Brazil |
FitzWalter Capital Partners GP II Limited (Chain 2) |
10.097324 |
|
10.097324% |
|
Benjamin Brazil |
FitzWalter Capital Partners II, LP (Chain 2) |
10.097324 |
|
10.097324% |
|
Benjamin Brazil |
FitzWalter Capital Partners (Master Holdco II) Limited (Chain 2) |
10.097324 |
|
10.097324% |
|
Benjamin Brazil |
FW Securities II Limited (Chain 2) |
10.097324 |
|
10.097324% |
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
As part of an internal reorganisation, all of the shares previously held by FW Securities Limited have been transferred to FW Securities II Limited.
12. Date of Completion
27-Feb-2025
13. Place Of Completion
London, United Kingdom