VICTORIA PLC

Major Shareholding Notification • Aug 18, 2022

National Storage Mechanism | Additional information

RNS Number : 5332W

Victoria PLC

18 August 2022

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BZCOLC10

Issuer Name

VICTORIA P.L.C.

UK or Non-UK Issuer

UK

2. Reason for Notification

Other

Comments

Change following issuer share buyback

3. Details of person subject to the notification obligation

Name

Spruce House Investment Management

City of registered office (if applicable)

New York

Country of registered office (if applicable)

USA

4. Details of the shareholder

Name	City of registered office	Country of registered office
The Spruce House Partnership LLC		USA

5. Date on which the threshold was crossed or reached

05-Aug-2022

6. Date on which Issuer notified

18-Aug-2022

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
Resulting situation on the date on which threshold was crossed or reached	19.000000	0.000000	19.000000	22170000
Position of previous notification (if applicable)	18.970000	0.000000	18.970000	22170000

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
GB00BZCOLC10	22170000	0	19.000000	0.000000
Sub Total 8.A	22170000		19.000000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights
Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation

1. 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.

Ultimate controlling person	Name of controlled undertaking	% 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

10. In case of proxy voting

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

Based on 22,170,000 shares owned out of 116,693,982 shares outstanding on 5 August 2022.

The Spruce House Partnership LLC is an aggregating entity to its sole member funds: The Spruce House Partnership (AI) LP and The Spruce House Partnership (QP) LP - the general partner of both funds is Spruce House Capital LLC (itself controlled equally by Ben Stein and Zach Sternberg).

12. Date of Completion

18-Aug-2022

13. Place Of Completion

New York, NY USA

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