Herald Investment Trust PLC Holding(s) in Company
December 16 2024 - 10:47AM
RNS Regulatory News
RNS Number : 2805Q
Herald Investment Trust PLC
16 December 2024
TR-1:
Standard form for notification of major holdings
HERALD INVESTMENT TRUST PLC (HRI)
Legal Entity Identifier: 213800U7G1ROCTJYRR70
2.
Reason for Notification
An acquisition or disposal of voting
rights; An acquisition or disposal of financial
instruments
3.
Details of person subject to the notification
obligation
Saba Capital Management,
L.P.
City
of registered office (if applicable)
Country of registered office (if applicable)
4.
Details of the shareholder
|
Name
|
City
of registered office
|
Country of registered office
|
|
Saba Capital Arcadia Master Fund,
Ltd.
|
|
Cayman Islands
|
|
Saba Capital Bluebird Fund,
Ltd.
|
|
Cayman Islands
|
|
Saba Capital Income &
Opportunities Fund
|
|
United States
|
|
Saba Capital CEF Opportunities 1,
Ltd.
|
|
Cayman Islands
|
|
Saba Capital CEF Opportunities 2,
Ltd.
|
|
Cayman Islands
|
|
Saba Capital CEF Special
Opportunities Master Fund 2, Ltd.
|
|
Cayman Islands
|
|
Saba Capital Income &
Opportunities Fund II
|
|
United States
|
|
Saba Capital R Fund, Ltd.
|
|
Cayman Islands
|
|
Stone Ridge Archimedes Sub-Master
(Red) LP
|
|
United States
|
|
Saba Capital Master Fund,
Ltd.
|
|
Cayman Islands
|
5.
Date on which the threshold was crossed or
reached
6.
Date on which Issuer notified
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
|
5.303843
|
13.155025
|
18.458868
|
9292353
|
|
Position of previous notification
(if applicable)
|
0.756441
|
16.277209
|
17.033650
|
|
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)
|
|
GB0004228648
|
2670000
|
0
|
5.303843
|
0.000000
|
|
Sub Total 8.A
|
2670000
|
5.303843%
|
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
|
|
Total Return Swap
|
11/28/2025
|
|
Cash
|
6622353
|
13.155025
|
|
Sub Total 8.B2
|
|
6622353
|
13.155025%
|
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
|
|
Boaz Weinstein
|
Saba Capital Management GP,
LLC
|
|
|
|
|
Saba Capital Management GP,
LLC
|
Saba Capital Management,
L.P.
|
|
|
18.458868%
|
10.
In case of proxy voting
The
number and % of voting rights held
The
date until which the voting rights will be held
11.
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END
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