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Rathbones Investment Management Ltd and its associated entities, controlled by Rathbones Group Plc, notified The Bankers Investment Trust PLC of a major shareholding. The group crossed a threshold on September 21, 2023, which was driven by the all-share combination of Rathbones Group Plc with Investec Wealth & Investment Limited, completed on the same date. Rathbones Group Plc now holds a total of 10.837900% of voting rights, equivalent to 135,281,981 shares, in The Bankers Investment Trust PLC.
| Date | 25 Sept 2023 |
| Time | 14:07:21 |
| Category | Holding(s) in company |
| ID | 5639N |
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BN4NDR39
Issuer Name
THE BANKERS INVESTMENT TRUST PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
Other
Comments
The increase in shareholding outlined in this form has been driven by the all-share combination of Rathbones Group Plc with Investec Wealth & Investment Limited which completed on 21st September 2023.
3. Details of person subject to the notification obligation
Name
Rathbones Investment Management Ltd
City of registered office (if applicable)
London
Country of registered office (if applicable)
United Kingdom
|
Name |
City of registered office |
Country of registered office |
|
Investec Wealth & Investment (Channel Islands) |
St Peter Port |
Guernsey |
|
Investec Wealth & Investment Limited |
London |
UK |
|
Rathbones Investment Management International Limited |
London |
UK |
4. Details of the shareholder
|
Name |
City of registered office |
Country of registered office |
|
Torch Nominees Limited |
St Peter Port |
Guernsey |
|
Hero Nominees Limited |
St Peter Port |
Guernsey |
|
Ferlim Nominees Limited |
London |
UK |
|
BNP Paribas Limited |
London |
UK |
|
Rathbone Nominees Limited |
London |
UK |
5. Date on which the threshold was crossed or reached
21-Sep-2023
6. Date on which Issuer notified
22-Sep-2023
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 |
10.837900 |
0.000000 |
10.837900 |
135281981 |
|
Position of previous notification (if applicable) |
|
|
|
|
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) |
|
GB00BN4NDR39 |
|
135281981 |
|
10.837900 |
|
Sub Total 8.A |
135281981 |
10.837900% |
||
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 |
|
Rathbones Group Plc |
Rathbones Investment Management Limited |
7.063000 |
|
7.063000% |
|
Rathbones Group Plc |
Rathbones Investment Management International Limited |
0.027700 |
|
0.027700% |
|
Rathbones Group Plc |
Investec Wealth & Investment Limited |
3.741400 |
|
3.741400% |
|
Rathbones Group Plc |
Investec Wealth & Investment (Channel Islands) |
0.005900 |
|
0.005900% |
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
None
12. Date of Completion
22-Sep-2023
13. Place Of Completion
Port of Liverpool Building, Liverpool L3 1NW