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| TIDM | SSIT |
| Share Price | 185.00p-1.92% |
| Market Cap | £695.40m |
Seraphim Space Investment Trust PLC released an RNS on 13 March 2024, correcting a previous notification of major holdings. The updated information, completed by British Business Finance Ltd on 12 March 2024, confirmed that British Business Finance Ltd, controlled by the Secretary of State for Business and Trade, crossed a threshold on 4 January 2022 by holding 33,368,345 voting rights, representing 13.94% of the issuer.
| Date | 13 Mar 2024 |
| Time | 14:18:05 |
| Category | Holding(s) in company |
| ID | 7433G |
THIS ANNOUNCEMENT REPLACES RNS NUMBER 4763L RELEASED ON 5 SEPTEMBER 2023 AT 18:01. THE PREVIOUS ANNOUNCEMENT INCORRECTLY RECORDED THE DATE ON WHICH THE THRESHOLD WAS CROSSED OR REACHED AS 4 JANUARY 2023 INSTEAD OF 4 JANUARY 2022. ALL OTHER DETAILS REMAIN THE SAME
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BKPG0138
Issuer Name
SERAPHIM SPACE INVESTMENT TRUST PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
Other
Comments
Recalculation of percentage of voting rights following the issuer's publication of its total voting rights on 4 January 2022. The number of voting rights attached to shares notified on 21 December 2021 (33,368,345) has not changed.
3. Details of person subject to the notification obligation
Name
BRITISH BUSINESS FINANCE LTD
City of registered office (if applicable)
Sheffield
Country of registered office (if applicable)
United Kingdom
4. Details of the shareholder
Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above
City of registered office (if applicable)
Country of registered office (if applicable)
5. Date on which the threshold was crossed or reached
04-Jan-2022
6. Date on which Issuer notified
05-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 |
13.940000 |
0.000000 |
13.940000 |
33368345 |
|
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) |
|
GB00BKPG0138 |
33368345 |
|
13.940000 |
|
|
Sub Total 8.A |
33368345 |
13.940000% |
||
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 |
|
Secretary of State for Business and Trade |
British Business Finance Ltd |
13.940000 |
|
|
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
Recalculation of percentage of voting rights following the issuer's publication of its total voting rights on 4 January 2022. The number of voting rights attached to shares notified on 21 December 2021 (33,368,345) has not changed.
12. Date of Completion
12-Mar-2024
13. Place Of Completion
Sheffield, UK