ESKEN LIMITED

Major Shareholding Notification • Dec 13, 2023

National Storage Mechanism | Additional information

RNS Number : 6495W

Esken Limited

13 December 2023

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:				Esken Limited
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)
Non-UK issuer								X
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights								X
3. Details of person subject to the notification obligationiv
Name			City of registered office			Country of registered office
Strategic Value Partners LLC						US
4. Full name of shareholder(s) (if different from 3)v
Name			City of registered office			Country of registered office
Strategic Value Special Situations Master Fund V, L.P.			Camana Bay			Cayman Islands
Strategic Value Opportunities Fund, L.P.			Camana Bay			Cayman Islands
Strategic Value Capital Solutions Master Fund, L.P.			Camana Bay			Cayman Islands
Strategic Value Special Situations Master Fund IV, L.P.			Camana Bay			Cayman Islands
5. Date on which the threshold was crossed or reachedvi:				8 December 2023
6. Date on which issuer notified (DD/MM/YYYY):				12 December 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 of issuervii
Resulting situation on the date on which threshold was crossed or reached	0.000000	0.000000			0.000000		0
Position of previous notification (if applicable)	5.079100	0.000000			5.079100

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rightsix					% of voting rights
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)			Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Ordinary GB00B03HDJ73		0		0			0.0000000		0.0000000
SUBTOTAL 8. A		0					0.0000000
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument		Expiration datex	Exercise/ Conversion Periodxi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration datex		Exercise/ Conversion Period xi		Physical or cash settlementxii			Number of voting rights	% of voting rights
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
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 entityxiv (please add additional rows as necessary)
Ultimate controlling person	Name of controlled undertaking	% of voting rights through financial instruments if it is equal to or higher than the notifiable threshold	Total of both instruments if it equals or is higher than the notifiable threshold
Strategic Value Partners, LLC	Strategic Value Special Situations Master Fund IV, L.P.	0.000000	0.000000
Strategic Value Partners, LLC	Strategic Value Capital Solutions Master Fund, L.P.
Strategic Value Partners, LLC	Strategic Value Opportunities Fund, L.P.
Strategic Value Partners, LLC	Strategic Value Special Situations Master Fund V, L.P.
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional informationxvi

12 Place of completion	Greenwich, CT, U.S.A.
13 Date of completion	11 December 2023

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