Datalex Plc — Major Shareholding Notification 2020

Jan 3, 2020

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)i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Datalex 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)iii:

3. Details of person subject to the notification obligationiv :

Name:

City and country of registered office (if applicable):

Kabouter Management, LLC

Chicago, United States of America

4. Full name of shareholder(s) (if different from 3.)v:

Kabouter Fund I (QP), LLC Kabouter Fund II, LLC Kabouter Fund III, LLC

5. Date on which the threshold was crossed or reachedvi:

17 December 2019

6. Date on which issuer notified:

2 January 2020

7. Threshold(s) that is/are crossed or reached:

9%, 8%, 7%, 6%, 5%

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 issuervii
Resulting situation on the date on which threshold was crossed or reached	4.84%		4.84%	81,983,842

Position of previous notification (if applicable)	9.301%	9.301%

9. 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	Indirect	Direct	Indirect
IE0000527006		3,970,619		4.84%
SUBTOTAL A		3,970,619		4.84%

B 1: Financial Instruments according to Regulation 17(1)(a) of the Regulations
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 B.1

B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations

Type of financial instrument	Expiration datex	Exercise/ Conversion Period xi	Physical or cash settlementxii	Number of voting rights	% of voting rights

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.xiii

[ ] 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:

Namexv	% 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 informationxvi:

This is a correction of a previous notification submitted to the issuer on 19 December 2019, which erroneously stated that the total number of voting rights of the issuer was 78,099,842 rather than 81,983,842. Accordingly, the total position of the person(s) subject to the notification obligation should have been stated as 4.84% (rather than 5.08%) and therefore the 5% threshold was also crossed.

Done at Chicago, Illinois on 2 January 2020.