The below
TR-1 notification has been received from Cevian Capital. The
Company understands that Cevian Capital's position prior to the
below TR-1 notification was 21.021691%, and
notes
that
the
22%
notifiable
threshold
has
been
crossed
as
a
result
of
a decrease
in the number of ordinary shares of the Company in issue, due to
the Share Buyback Programme launched on 19
November 2024.
TR-1:
Standard form for notification of major holdings
1. Issuer Details
ISIN
GB00B82YXW83
Issuer
Name
VESUVIUS
PLC
UK
or Non-UK Issuer
UK
2. Reason for Notification
An event
changing the breakdown of voting rights
3. Details of person subject to the notification
obligation
Name
Cevian
Capital II GP Limited
City of
registered office (if applicable)
`St
Helier
Country of
registered office (if applicable)
Jersey
4. Details of the shareholder
|
Name
|
City of
registered office
|
Country of
registered office
|
|
Aurora
Nominees Limited
|
London
|
United
Kingdom
|
5. Date on which the threshold was crossed or
reached
20-Nov-2024
6. Date on which Issuer notified
22-Nov-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
|
22.008006
|
0.000000
|
22.008006
|
57249896
|
|
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)
|
|
GB00B82YXW83
|
|
57249896
|
|
22.008006
|
|
Sub Total
8.A
|
57249896
|
22.008006%
|
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
|
|
Cevian
Capital II G.P. Limited
|
Cevian
Capital II Master Fund L.P.
|
22.008006
|
|
22.008006%
|
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
Cevian
Capital II G.P. Limited acts as general partner for Cevian Capital
II Master Fund L.P.
The legal
owner of the shares is Aurora Nominees Limited (acting as nominee),
which holds the shares on behalf of UBS AG, London Branch (acting as
custodian).
The
notifiable threshold was crossed as a result of a decrease in the
number of ordinary shares of the issuer in issue, due to the Share
Buyback Programme launched on 19 November
2024.
12. Date of Completion
22-Nov-2024
13. Place Of Completion
Jersey
