Frontier Development PLC

Major Shareholding Notification • Oct 16, 2019

National Storage Mechanism | Additional information

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RNS Number : 1171Q

AFI Development PLC

16 October 2019

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			AFI Development Plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				x
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Klirmark Opportunity Fund II Klirmark Opportunity Fund III
4. Full name of shareholder(s) (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		10/10/19
6. Date on which issuer notified:		15/10/19
7. Threshold(s) that is/are crossed or reached: vi, vii		3%

8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction							Resulting situation after the triggering transaction
Number of Shares				Number of Voting Rights			Number of shares		Number of voting rights				% of  voting rights x
Direct		Direct xi			Indirect xii	Direct			Indirect
AFRB	20,042,649 700,899							22,042,649 12,988,326
AFID
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date xiii			Exercise/ Conversion Period xiv						Number of voting rights that may be acquired if the instrument is exercised/ converted.				% of voting rights
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial instrument		Exercise price		Expiration date xvii			Exercise/ Conversion period xviii			Number of voting rights instrument refers to					% of voting rights xix, xx
															Nominal			Delta
Total (A+B+C)
Number of voting rights									Percentage of voting rights
35,030,975									3.3%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
NA
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:	Dganit Paran Wiesel
15. Contact telephone number:	+972544811186

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