15 December 2023
B&M European Value Retail S.A. (the "Company")
Notification of major holdings
We refer to the Company's announcement made on 13 December 2023.
The Company has been informed that the Company's Group Trading Director, Bobby Arora's beneficial shareholding in the Company via SSA Investments S.ar.l. ("SSA") remains unchanged and the Placing Shares involved in the placing undertaken by SSA were those held ultimately for the benefit of its (indirect) shareholders Simon and Robin Arora and do not include any related to its indirect shareholder Bobby Arora.
The Company has now received the TR-1 notification below from SSA which is being published by the Company in accordance with its obligations under the Disclosure, Guidance and Transparency Rules.
TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
LU1072616219
Issuer Name
B&M EUROPEAN VALUE RETAIL S.A.
UK or Non-UK Issuer
Non-UK
2. Reason for Notification
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation
Name
SSA Investments S.àr.l.
City of registered office (if applicable)
Luxembourg
Country of registered office (if applicable)
Luxembourg
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
13-Dec-2023
6. Date on which Issuer notified
13-Dec-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 | 4.194000 | 0.000000 | 4.194000 | 42059428 |
| Position of previous notification (if applicable) | 6.988000 | 0.000000 | 6.988000 | |
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) |
| LU1072616219 | 34003934 | 8055494 | 3.391000 | 0.803000 |
| Sub Total 8.A | 42059428 | 4.194000% | ||
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 |
| Simon Arora | SSA Investments S.àr.l. | | | |
| Bobby Arora | SSA Investments S.àr.l. | | | |
| SSA Investments S.àr.l. | | 4.194000 | | 4.194000% |
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
The 8,055,494 shares in the Issuer held indirectly (section 7) are held by Praxis Nominees Limited, as a nominee for SSA Investments. The voting rights attached to these shares will be exercised by Praxis Nominees Limited as instructed by SSA Investments." For reference, historic DTR5 notification: https://otp.tools.investis.com/clients/uk/bandm1/rns/regulatory-story.aspx?cid=904&newsid=1544280
12. Date of Completion
14-Dec-2023
13. Place Of Completion
Luxembourg
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