STELRAD GROUP PLC

Major Shareholding Notification • Nov 11, 2021

National Storage Mechanism | Additional information

RNS Number : 1439S

Stelrad Group PLC

11 November 2021

TR-1: Standard form for notification of major holdings

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:			Stelrad Group PLC
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: Initial shareholding following IPO.						X
3. Details of person subject to the notification obligation iv
Name			The Bregal Fund III L.P. acting by its general partner Bregal General Partner III Jersey L.P, itself acting by its general partner Bregal Capital General Partner Jersey Limited.
City and country of registered office (if applicable)			St Helier, Jersey
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:			10 November 2021
6. Date on which issuer notified (DD/MM/YYYY):			10 November 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)	Total number of voting rights held in issuer (8.A + 8.B) vii
Resulting situation on the date on which threshold was crossed or reached	49.55			49.55	63,103,765
Position of previous notification (if applicable)

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					% of voting rights
Direct (DTR5.1)		Indirect  (DTR5.2.1)			Direct (DTR5.1)		Indirect (DTR5.2.1)
Ordinary shares GB00BMHRMV23		63,103,765					49.55
SUBTOTAL 8. A		63,103,765					49.55
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
Type of financial instrument		Expiration date x	Exercise/ Conversion Period xi			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 DTR5.3.1R (1) (b)
Type of financial instrument	Expiration date x		Exercise/ Conversion Period xi		Physical or cash Settlement xii			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")
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				X
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
COFRA Holding AG	100%		100%
Argania AG, Buddleia AG, Campsis AG, Dracaena AG, Eucommia AG, Freylinia AG and Gaultheria AG	14.29% each		14.29% each
COFRA Genossenschaft	100%		100%
COFRA Endeavours Luxembourg Sarl	100%		100%
Hector Investments Sarl	100%		100%
COFRA Invest Sicar Sarl	100%		100%
Cofra Investments LP	100%		100%
Bregal Jersey Limited	> 80%		> 80%
Bregal Investments II LP	> 80%		> 80%
The Bregal Fund III LP	> 80%		> 80%
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

Place of completion	St Helier, Jersey
Date of completion	10 November 2021

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