World High Life PLC Announces Notification Of Major Holdings

Rhea-AI Summary

World High Life PLC has reported a major holding notification indicating that 0807563 BC Ltd. has acquired 3.22% of voting rights as of November 3, 2020. The notification, submitted on November 17, 2020, shows that 7,400,000 voting rights are now held directly through shares. This change may impact shareholder influence and major decisions within the company. The total number of voting rights of the issuer stands at 230,119,819. Significant acquisitions like this can point to shifts in corporate governance and strategy.

Positive

• 0807563 BC Ltd. acquired 3.22% voting rights, indicating increased interest in the company.
• Total voting rights now stand at 230,119,819, reflecting active shareholder engagement.

Negative

• None.

LONDON, UK / ACCESSWIRE / November 17, 2020 / World High Life PLC (LSE:LIFE)(OTCQB:WRHLF)

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 attachedii:			World High Life 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						X
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 obligationiv
Name			0807563 BC Ltd.
City and country of registered office (if applicable)			Vancouver, Canada
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 reachedvi:			November 3, 2020
6. Date on which issuer notified (DD/MM/YYYY):			November 17, 2020
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 of issuervii
Resulting situation on the date on which threshold was crossed or reached	3.22%			3.22%	230,119,819
Position of previous notification (if applicable)

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rightsix					% of voting rights
		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)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB00BMDY1P48		7,400,000					3.22%
SUBTOTAL 8. A		7,400,000					3.22%
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 datex	Exercise/ Conversion Periodxi			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 Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration datex		Exercise/ Conversion Period xi		Physical or cash settlementxii			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) issuerxiii				X
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 entityxiv (please add additional rows as necessary)
Namexv	% 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, 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 informationxvi

Place of completion	Vancouver, Canada
Date of completion	November 17, 2020

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SOURCE: World High Life PLC

View source version on accesswire.com:
https://www.accesswire.com/617062/World-High-Life-PLC-Announces-Notification-Of-Major-Holdings

FAQ

What percentage of voting rights does 0807563 BC Ltd. hold in World High Life PLC as of November 2020?

0807563 BC Ltd. holds 3.22% of the voting rights in World High Life PLC as of November 3, 2020.

When was the major holdings notification for World High Life PLC submitted?

The major holdings notification for World High Life PLC was submitted on November 17, 2020.

How many total voting rights does World High Life PLC have?

World High Life PLC has a total of 230,119,819 voting rights.

What is the significance of a shareholder acquiring 3.22% voting rights?

Acquiring 3.22% voting rights indicates increased shareholder influence and possible changes in corporate governance.