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Hanover Investors Management LLP notified Tortilla Mexican Grill PLC on 27 February 2024 of an acquisition of voting rights by The Bank of New York Nominees Ltd as custodian for Hanover Catalyst Fund. This transaction occurred on 26 February 2024, resulting in the beneficial shareholder holding 1,541,832 voting rights, representing 3.988% of the company, and crossing the 3% threshold.
| Date | 28 Feb 2024 |
| Time | 15:09:55 |
| Category | Holding(s) in company |
| ID | 8374E |
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
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1. Identity of the issuer or the underlying issuer |
TORTILLA MEXICAN GRILL |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
X |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the |
Hanover Investors Management LLP |
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4. Full name of shareholder(s) |
The Bank of New York Nominees Ltd as custodian for Hanover Catalyst Fund |
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5. Date of the transaction and date on |
26 February 2024 |
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6. Date on which issuer notified: |
27 February 2024 |
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7. Threshold(s) that is/are crossed or |
3% |
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8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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Ordinary Shares (ISIN): GB00BK71XP16 |
841,832 |
841,832 |
1,541,832 |
0 |
1,541,832 |
0 |
3.988% |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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N/A |
N/A |
N/A |
N/A |
N/A |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to
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% of voting rights xix, xx
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N/A |
N/A |
N/A |
N/A |
N/A
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Nominal |
Delta |
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N/A |
N/A |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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1,541,832 |
3.988% |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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Proxy Voting: |
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10. Name of the proxy holder: |
Hanover Investors Management LLP |
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11. Number of voting rights proxy holder will cease |
100% |
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12. Date on which proxy holder will cease to hold |
N/A |
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14. Contact name: |
Brian Cullen |
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15. Contact telephone number: |
+44 (0) 20 7766 8400 |
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