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LifeStar Holding Plc Major Shareholding Notification 2021
2057_rns_2021-10-13_b9da2f9f-fd3e-48a9-bec5-4defc63f4423.pdf
Major Shareholding Notification
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COMPANY ANNOUNCEMENT
The following is a Company Announcement issued by LifeStar Holding plc ("the Company") pursuant to the Capital Markets Rules issued by the Malta Financial Services Authority.
Quote
The Company hereby announces that on the 08 October 2021, it received a notification of major holdings from its majority shareholder Investar plc ("Investar") of the disposal, through Investar's nominee account with GlobalCapital Financial Management Limited (C 30053) ("GCFM"), of a total of 250,000 ordinary shares of the Company, representing 0.83% of the Company's ordinary issued share capital.
Consequent to such disposal, GCFM now holds as nominee of Investar a total of 7,401,079 ordinary shares, representing 24.67% of the issued ordinary share capital of the Company. GCFM, as nominee of Investar, fell below the 25% shareholding threshold set out within Rule 5.176 of the Capital Markets Rules on the 23rd September 2021.
A revised table of substantial holdings in the Company is set out below:
| Name of Holder | Number of Shares | Proportion of Issued Shares |
|---|---|---|
| Investar plc | 15,781,465 | 52.6% |
| GlobalCapital Financial |
7,401,079 | 24.67% |
| Management Limited as |
||
| nominee for Client accounts | ||
| LifeStar Holding plc | 5,897,951 | 19.7% |
Unquote
By Order of the Board.
13 October 2021
LifeStar Insurance plc (C29086) is authorised under the Insurance Business Act, Cap 403 and is regulated by the MFSA. LifeStar Health Ltd (C6393) acts as an insurance agent for Bupa Global DAC under the Insurance Distribution Act, Cap 487 and is regulated by the MFSA. GlobalCapital Financial Management Limited (C30053) is licensed to provide investment services in Malta by the MFSA.