Pershing Square Holdings Ltd

Major Shareholding Notification • Apr 7, 2021

National Storage Mechanism | Additional information

Pershing Square Holdings, Ltd.: Notification and Public Disclosure of Transactions

Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) released the below standard form for notification of major holdings.

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 attached ii:			Pershing Square Holdings, Ltd.
1b. Please indicate if the issuer is a non-UK issuer (please mark with an “X” if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an “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: Notifiable change in the categories of voting rights
3. Details of person subject to the notification obligation iv
Name			William A. Ackman
City and country of registered office (if applicable)
4. Full name of shareholder(s) (if different from 3.) v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reached vi:			31 March 2021
6. Date on which issuer notified (DD/MM/YYYY):			6 April 2021
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)
Resulting situation on the date on which threshold was crossed or reached	10.39%			10.39%
Position of previous notification (if applicable)	10.39%			10.39%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rights ix
Direct (DTR5.1)		Indirect (DTR5.2.1)			Direct (DTR5.1)
GG00BPFJTF46		41,376,889		68,081
SUBTOTAL 8. A		41,444,970
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument		Expiration date x	Exercise/ Conversion Period xi
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
Type of financial instrument	Expiration date x		Exercise/ Conversion Period xi		Physical or cash Settlement xii
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an “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 entity (please add additional rows as necessary) xiv
Name xv	% 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
William A. Ackman	10.37%		10.37%
William A. Ackman
AZIL LLC
William A. Ackman
Esiloe 2010 Trust
William A. Ackman
Culy 2010 Trust
William A. Ackman
Azil 2010 Trust
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 information xvi
See announcement “Pershing Square Holdings, Ltd. Notes Insider Transactions” on 1 April 2021. On 31 March 2021, WAFH LLC transferred 14,000,000 PSH Public Shares to William A. Ackman.

Place of completion	United States
Date of completion	6 April 2021

**About Pershing Square Holdings, Ltd.

**Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (NA:PSH) is an investment holding company structured as a closed-ended fund that makes concentrated investments principally in North American domiciled companies.

Category: (PSH:InsiderTransactions)

Media

Camarco

Ed Gascoigne-Pees / Hazel Stevenson +44 020 3757 4989, Media-PershingSquareHoldings@camarco.co.uk

View source version on businesswire.com: https://www.businesswire.com/news/home/20210406006184/en/

Pershing Square Holdings, Ltd.