TR-1: Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00B2863827
Issuer Name
CVS 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
Tweedy, Browne Company LLC
City of registered office (if applicable)
Stamford, CT 06902
Country of registered office (if applicable)
United States
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
27-Sep-2024
6. Date on which Issuer notified
01-Oct-2024
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 | 5.130000 | 0.000000 | 5.130000 | 3680452 |
| 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) |
| GB00B2863827 | 3680452 | | 5.130000 | |
| Sub Total 8.A | 3680452 | 5.130000% | ||
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
1. Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.
| 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 |
|
| | | | |
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
Note: Tweedy, Browne Company LLC ("TBC") is an investment adviser registered with the United
States Securities and Exchange Commission ("SEC"). As of June 30, 2024, TBC manages approximately 9 billion in client assets. Securities managed on behalf of clients are held in the clients' own accounts and the clients themselves own all securities in their accounts. TBC's client base consists of a variety of institutional accounts including pooled vehicles, pension accounts, foundations as well as high net worth individuals. TBC is also the investment manager and primary distributor of four SEC registered open-end mutual funds, the Tweedy, Browne International Value Fund, the Tweedy, Browne Value Fund, Tweedy, Browne Worldwide High Dividend Value Fund, Tweedy, Browne Global Value Fund II - Unhedged and three sub-funds of a Luxembourg registered SICAV. TBC itself does not own any shares.
Pursuant to written investment advisory agreements between TBC and its client accounts, TBC has been granted investment discretion and in most cases authority to exercise the voting rights attached to the shares. Further, each TBC client enters into a separate custody agreement with a bank of their choosing, which bank in turn appoints a UK sub-custodian to hold their respective clients' positions in UK securities. TBC instructs each U.S. based custodian, which in turn directs the respective sub-custodian, as to the disposition, acquisition and exercise of voting rights attached to the shares owned by the TBC client accounts.
12. Date of Completion
01-Oct-2024
13. Place Of Completion
Stamford, CT 06902
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