RNS Number : 3225O
Provident Financial PLC
31 January 2023
 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00B1Z4ST84

Issuer Name

PROVIDENT FINANCIAL PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

Coltrane Asset Management, L.P.

City of registered office (if applicable)

 

Country of registered office (if applicable)

US

4. Details of the shareholder

Name

City of registered office

Country of registered office

Coltrane Master Fund, L.P.

Grand Cayman

Cayman Islands

Coltrane Long Value Master Fund, L.P.

Grand Cayman

Cayman Islands

5. Date on which the threshold was crossed or reached

26-Jan-2023

6. Date on which Issuer notified

30-Jan-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

0.000000

4.598273

4.598273

11672257

Position of previous notification (if applicable)

0.000000

5.090000

5.090000


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)

 





Sub Total 8.A



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

Equity CFD

N/A


Cash

11672257

4.598273

Sub Total 8.B2


11672257

4.598273%

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

Coltrane Asset Management, L.P.




0.000000%

Mandeep Manku




0.000000%

Coltrane Domestic Fund, L.P.




0.000000%

Coltrane Offshore Fund, L.P.




0.000000%

Coltrane Asset Management Holdings, Ltd.




0.000000%

Coltrane GP, LLC




0.000000%

Coltrane Master Fund, L.P.



3.258800

3.258800%

Coltrane Long Value Domestic Fund, L.P




0.000000%

Coltrane Long Value Offshore Fund, Ltd.




0.000000%

Coltrane Long Value GP LLC




0.000000%

Coltrane Long Value Master Fund, L.P.




0.000000%

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

 

12. Date of Completion

30-Jan-2023

13. Place Of Completion

New York, NY

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