u-blox Holding AG

Major Shareholding Notification • Dec 3, 2020

National Storage Mechanism | Additional information

RNS Number : 4994H

u-blox Holding AG

03 December 2020

FORM 8 (OPD)

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Full name of discloser:	u-blox Holdings AG
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.	-
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	u-blox Holdings AG
(d) Is the discloser the offeror or the offeree?	OFFEROR
(e) Date position held:      The latest practicable date prior to the disclosure	30 November 2020
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	NO

2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

Class of relevant security:	Ordinary
	Interests		Short positions
Number	%	Number	%
(1) Relevant securities owned and/or controlled:	Nil	-	Nil	-
(2) Cash-settled derivatives:	Nil	-	Nil	-
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	Nil	-	Nil	-
TOTAL:	Nil	-	Nil	-

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

(b)        Rights to subscribe for new securities

Class of relevant security in relation to which subscription right exists:	N/A
Details, including nature of the rights concerned and relevant percentages:	N/A

3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

1.   INTERESTS HELD BY DIRECTORS OF U-BLOX HOLDINGS AG AND THEIR CLOSE RELATIVES AND RELATED TRUSTS (EXCLUDING OPTIONS SET OUT BELOW):

Name	Number of Ordinary Shares	Percentage of issued ordinary share capital
Thomas Seiler	137,854	1.94%
Jean-Pierre Wyss	8,087	0.11%
André Müller	2,000	0.03%
Gina Domanig	400	0.01%
Ulrich Looser	2,330	0.03%
Annette Rinck	1,552	0.02%
Markus Borchert	840	0.01%
Total	153,063	2.15%

2.   OPTIONS HELD BY DIRECTORS OF U-BLOX HOLDINGS AND THEIR CLOSE RELATIVES AND RELATED TRUSTS

(i)         Options held by Thomas Seiler

Date of grant	Vesting Date	Expiry Date	Exercise Price	No. of Options (1)
1.1.2015	1.1.2018	1.1.2021	CHF 136.72	4,304
1.1.2016	1.1.2019	1.1.2022	CHF 210.28	6,672
1.1.2017	1.1.2020	1.1.2023	CHF 187.09	6,672
1.1.2018	1.1.2021	1.1.2024	CHF 191.55	6,829
1.1.2019	1.1.2022	1.1.2025	CHF 78.95	6,366
1.1.2020	1.1.2023	1.1.2026	CHF 97.80	5,121
Total	-	-	-	35,964

(i)         Options held by Jean-Pierre Wyss

Date of grant	Vesting Date	Expiry Date	Exercise Price	No. of Options (1)
1.1.2015	1.1.2018	1.1.2021	CHF 136.72	7,804
1.1.2016	1.1.2019	1.1.2022	CHF 210.28	6,672
1.1.2017	1.1.2020	1.1.2023	CHF 187.09	6,672
1.1.2018	1.1.2021	1.1.2024	CHF 191.55	6,829
1.1.2019	1.1.2022	1.1.2025	CHF 78.95	6,366
1.1.2020	1.1.2023	1.1.2026	CHF 97.80	5,121
Total	-	-	-	39,464

(1)       One option grants the right to purchase one Ordinary Share in u-blox Holdings AG.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

4.         OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it: Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"
NONE

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to: (i)  the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"
NONE

(c)        Attachments

Are any Supplemental Forms attached?

Supplemental Form 8 (Open Positions)	NO
Supplemental Form 8 (SBL)	NO

###### Date of disclosure:	3 December 2020
###### Contact name:	Jan Schnitzer, General Counsel
###### Telephone number:	+41 (0)44 722 7424

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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