Bank of Ireland GP

Major Shareholding Notification • Feb 11, 2021

National Storage Mechanism | Additional information

RNS Number : 8195O

Bank of Ireland Group PLC

11 February 2021

Standard Form TR-1

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the Central Bank of Ireland)
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Bank of Ireland Group Plc
2. Reason for the notification (please tick the appropriate box or boxes): [X] An acquisition or disposal of voting rights [ ] An acquisition or disposal of financial instruments [] An event changing the breakdown of voting rights [ ] Other (please specify):
3. Details of person subject to the notification obligation:
Name: Marathon Asset Management LLP		City and country of registered office (if applicable): London, UK
4. Full name of shareholder(s) (if different from 3.): See attached breakdown
5. Date on which the threshold was crossed or reached: 9th February 2021
6. Date on which issuer notified: 10th February 2021
7. Threshold(s) that is/are crossed or reached: 3%
8. Total positions of person(s) subject to the notification obligation:
	% of voting rights attached to shares (total of 9.A)	% of voting rights through financial instruments (total of 9.B.1 + 9.B.2)	Total of both in % (9.A +. 9.B)	Total number of voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached	3.28	0	3.28	1,078,822,872
Position of previous notification (if applicable)	2.99	0	2.99

9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedi:
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rights					% of voting rights
Direct			Indirect		Direct		Indirect
Ordinary Shares IE00BD1RP616				35,338,894				3.28
SUBTOTAL A				35,338,894				3.28
B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations
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
None
			SUBTOTAL B.1
B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations
Type of financial instrument	Expiration date		Exercise/ Conversion Period		Physical or cash settlement		Number of voting rights		% of voting rights
None
					SUBTOTAL B.2

10. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[X] 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.

[] 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 entity:

Name

% 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

11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

12. Additional information:

Breakdown of Holdings:

Custodian	Nominal
Bank of America Merrill Lynch	372,484
Bank of New York Mellon	7,701,200
BNP Paribas	25,947
Brown Brothers Harriman	1,908,009
JP Morgan Chase	919,116
Northern Trust	15,772,342
State Street Bank & Trust Company	12,023,774
Total	38,722,872

The shares referred to in this disclosure correspond to a number of funds and accounts managed by portfolio managers under the control of Marathon Asset Management LLP.  The provided breakdown of holdings refer to the total number of shares in the issuer controlled by Marathon Asset Management LLP but the firm only has authority to vote in connection with 35,338,894 shares.

Done at Dublin on 11 February 2021

Contact: Sarah McLaughlin, Group Secretary

Telephone: +353 (0) 76 624 8577 

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