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Maven Capital Partners UK LLP submitted a TR-1 notification to Cordel Group PLC on May 6, 2025, concerning its shareholder, Maven Renovar VCT PLC, formerly Amati AIM VCT plc. The notification, submitted due to the shareholder's name change, reported an unchanged holding of 7.575000% of voting rights, totaling 16,431,611 shares, as of May 1, 2025.
| Date | 13 May 2025 |
| Time | 12:45:00 |
| Category | Holding(s) in company |
| ID | 4880I |
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BYZQM590
Issuer Name
CORDEL GROUP PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
Other
Comments
Please refer to the additional information section of the form for information - no change to the position.
3. Details of person subject to the notification obligation
Name
Maven Capital Partners UK LLP
City of registered office (if applicable)
Glasgow
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
|
Name |
City of registered office |
Country of registered office |
|
Maven Renovar VCT PLC |
London |
England and Wales |
5. Date on which the threshold was crossed or reached
01-May-2025
6. Date on which Issuer notified
06-May-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 |
7.575000 |
0.000000 |
7.575000 |
16431611 |
|
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) |
|
GB00BYZQM590 |
|
16431611 |
|
7.575000 |
|
Sub Total 8.A |
16431611 |
7.575000% |
||
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
1. 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.
|
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 |
|
|
|
|
|
|
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
Maven Renovar VCT PLC was previously Amati AIM VCT plc.
The name change occurred following a change of Investment Manager from Amati Global Investors (AGI) to Maven Capital Partners UK LLP (Maven).
There has been no change to the position held by the Company, the notification has been submitted for information on the name change only.
12. Date of Completion
06-May-2025
13. Place Of Completion
Glasgow