Gamesys Group PLC Announces Holding(s) in Company

Rhea-AI Summary

On April 21, 2021, Gamesys Group PLC announced a notification regarding changes in major holdings. Bank of America Corporation acquired additional voting rights, crossing a threshold on April 19, 2021. The current holdings include a total of 6.067% of voting rights, with 2.908% through direct shares and 3.159% via financial instruments. Comparatively, the previous notification indicated 5.794% of voting rights. This significant increase reflects Bank of America's growing influence in Gamesys' decision-making.

Positive

• Bank of America Corporation increased its voting rights in Gamesys Group PLC from 5.794% to 6.067%.
• Direct voting rights now stand at 2.908%, demonstrating a solid investment in the company.

Negative

• The increase in voting rights could potentially dilute existing shareholders' influence.

LONDON, UK / ACCESSWIRE / April 22, 2021 / Gamesys Group PLC (LSE:GYS) TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BZ14BX56

Issuer Name

GAMESYS GROUP PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights; An acquisition or disposal of financial instruments

3. Details of person subject to the notification obligation

Name

Bank of America Corporation

City of registered office (if applicable)

Country of registered office (if applicable)

US

4. Details of the shareholder

Is the shareholder the same as the person subject to the notification obligation, above?

No

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

19-Apr-2021

6. Date on which Issuer notified

21-Apr-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
Resulting situation on the date on which threshold was crossed or reached	2.908000	3.159000	6.067000	6650613
Position of previous notification (if applicable)	2.761000	3.033000	5.794000

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)
GB00BZ14BX56		3187658		2.908000
Sub Total 8.A	3187658		2.908000%

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
Right to Recall	N/A	N/A	32993	0.030000
Sub Total 8.B1			32993	0.030000%

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
Swaps	22/04/2021	N/A	Cash	480000	0.438000
Swaps	04/05/2021	N/A	Cash	368708	0.336000
Swaps	17/05/2021	N/A	Cash	690000	0.629000
Swaps	19/05/2021	N/A	Cash	980000	0.894000
Swaps	30/09/2021	N/A	Cash	13772	0.013000
Swaps	04/01/2022	N/A	Cash	187212	0.171000
Swaps	31/01/2022	N/A	Cash	20602	0.019000
Swaps	31/03/2022	N/A	Cash	445000	0.406000
Swaps	29/07/2022	N/A	Cash	230712	0.210000
Swaps	16/11/2022	N/A	Cash	13956	0.013000
Sub Total 8.B2				3429962	3.129000%

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

2. 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 entities (please add additional rows as necessary)

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
Bank of America Corporation	Merrill Lynch International			5.857000
Bank of America Corporation	Bank of America, National Association

10. In case of proxy voting

Is there proxy voting?

No

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

12. Date of Completion

21-Apr-2021

13. Place Of Completion

United Kingdom

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Gamesys Group PLC

View source version on accesswire.com:
https://www.accesswire.com/641689/Gamesys-Group-PLC-Announces-Holdings-in-Company

FAQ

What is the latest voting rights percentage held by Bank of America in Gamesys Group PLC?

As of April 21, 2021, Bank of America holds 6.067% of voting rights in Gamesys Group PLC.

When did Bank of America cross the threshold for voting rights in Gamesys Group PLC?

The threshold was crossed on April 19, 2021.

How much direct voting rights does Bank of America hold in Gamesys Group PLC?

Bank of America holds 2.908% of direct voting rights in Gamesys Group PLC.

What was the previous percentage of voting rights held by Bank of America in Gamesys Group PLC?

The previous notification indicated a holding of 5.794% of voting rights.