Zeal Network SE - Major Shareholding Notification 2019

News Details

UK Regulatory | 27 September 2019 11:11

ZEAL Network SE: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

ZEAL Network SE ( -)

27-Sep-2019 / 11:11 CET/CEST

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

The issuer is solely responsible for the content of this announcement.

The Company has received a form TR-1 form on 26 September 2019 from Working Capital Management:

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 :			Zeal Network SE
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 :
3. Details of person subject to the notification obligation iv
Name			Working Capital Advisors (UK) Ltd
City and country of registered office (if applicable)			London, United Kingdom
4. Full name of shareholder(s) (if different from 3.) v
Name			Working Capital Partners, Ltd. High Street Partners, Ltd.
City and country of registered office (if applicable)			Cayman Islands
5. Date on which the threshold was crossed or reached vi :			25 September 2019
6. Date on which issuer notified (DD/MM/YYYY):			26 September 2019
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	20.18%	NA		20.18%
Position of previous notification (if applicable)	19.35%	NA		19.35%


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 (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)			Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)
Ordinary (GB00BHD66J44)		—		20.18%


SUBTOTAL 8. A		20.18%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (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 Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (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 xiv (please add additional rows as necessary)
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
Working Capital Partners, Ltd.	11.55%	0.00%	11.55%
High Street Partners, Ltd.	8.63%	0.00%	8.63%




10. In case of proxy voting, please identify:
Name of the proxy holder		N/A
The number and % of voting rights held		N/A
The date until which the voting rights will be held		N/A

11. Additional information xvi
Working Capital Advisors (UK) Ltd, replaces Working Capital Management Pte Ltd. as the investment manager of Working Capital Partners, Ltd. and High Street Partners, Ltd.


Place of completion	Singapore
Date of completion	26 September 2019



ISIN:	GB00BHD66J44
Category Code:	HOL
TIDM:	–
LEI Code:	391200EIRBXU4TUMMQ46
OAM Categories:	2.3. Major shareholding notifications
Sequence No.:	21637
EQS News ID:	881623