Press release
ASA International Group plc reports TR-1 notification of major holdings
London, United Kingdom / Amsterdam, The Netherlands, 12 July 2023 - In accordance with the requirements of DTR 5.8.12R(1), and in line with the RNS published on 10 July 2023, ASA International Group plc ('ASA International' or the 'Company'), is publishing the following TR-1 notification of major holdings in the Company it has received in respect of the Company's Shares.
Shareholders should refer to the Company's announcements regarding the total voting rights attributable to the Company's Shares to determine if they are required to notify their interests in, or a change to their interests in, the Shares under the FCA's Disclosure Guidance and Transparency Rules.
Enquiries:
ASA International Group plc
Investor Relations
Mischa Assink ir@asa-international.com
About ASA International Group plc
ASA International Group plc (ASAI: LN) is one of the world's largest international microfinance institutions, with a strong commitment to financial inclusion and socioeconomic progress. The company provides small, socially responsible loans to low-income, financially underserved entrepreneurs, predominantly women, across South Asia, South East Asia, West and East Africa.
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BDFXHW57
Issuer Name
ASA INTERNATIONAL GROUP PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Catalyst Microfinance Investors
City of registered office (if applicable)
Ebene
Country of registered office (if applicable)
Mauritius
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
07-Jul-2023
6. Date on which Issuer notified
12-Jul-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 | 29.220000 | 0.000000 | 29.220000 | 29220000 |
| 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) |
| GB00BDFXHW57 | 29220000 | | 29.220000 | |
| Sub Total 8.A | 29220000 | 29.220000% | ||
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 |
| Dirk Brouwer (Chain 1) | CMIMC | 19.319999 | | 19.319999% |
| Dirk Brouwer (Chain 1) | Catalyst Microfinance Investors | 29.220000 | | 29.220000% |
| Dirk Brouwer (Chain 2) | CMIMC | 19.319999 | | 19.319999% |
| Dirk Brouwer (Chain 2) | Catalyst Continuity | 17.110000 | | 17.110000% |
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
As a result of the aforementioned transactions, the ultimate shareholding percentage of Dirk Brouwer in ASA International reduced from 20.3% to 19.3% .
12. Date of Completion
12-Jul-2023
13. Place Of Completion
Amsterdam
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00BDFXHW57
Issuer Name
ASA INTERNATIONAL GROUP PLC
UK or Non-UK Issuer
UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
Catalyst Continuity
City of registered office (if applicable)
Ebene
Country of registered office (if applicable)
Mauritius
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
07-Jul-2023
6. Date on which Issuer notified
12-Jul-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 | 17.110000 | 0.000000 | 17.110000 | 17110000 |
| 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) |
| GB00BDFXHW57 | 17110000 | | 17.110000 | |
| Sub Total 8.A | 17110000 | 17.110000% | ||
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 |
| Dirk Brouwer (Chain 1) | CMIMC | 19.319999 | | 19.319999% |
| Dirk Brouwer (Chain 1) | Catalyst Continuity | 17.110000 | | 17.110000% |
| Dirk Brouwer (Chain 2) | CMIMC | 19.319999 | | 19.319999% |
| Dirk Brouwer (Chain 2) | Catalyst Microfinance Investors | 29.220000 | | 29.220000% |
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
As a result of the aforementioned transactions, the ultimate shareholding percentage of Dirk Brouwer in ASA International reduced from 20.3% to 19.3% .
12. Date of Completion
12-Jul-2023
13. Place Of Completion
Amsterdam
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