Dr. Martens PLC Technical change in Permira ownership structure
12 Juin 2024 - 5:35PM
RNS Regulatory News
RNS Number : 2034S
Dr. Martens PLC
12 June 2024
12 June 2024
Dr. Martens
plc
Technical
change in Permira ownership structure
Dr. Martens plc ('the Company')
makes this announcement in connection with the TR-1 announcements
released today regarding the notification of major holdings by
IngreGrsy Limited and IngreLux S.àr.l..
Permira V Fund has undergone a
restructure of its holding of shares in Dr. Martens plc, whereby
IngreGrsy Limited (a newly incorporated Guernsey company) has
replaced IngreLux S.àr.l. (a Luxembourg entity) in the Permira Fund
V structure and IngreLux S.àr.l has transferred its 38.46%
shareholding in the Company to IngreGrsy Limited.
As a result, IngreGrsy Limited replaced
IngreLux S.àr.l. as the Company's largest
shareholder with effect from 11 June 2024. The
Company, IngreLux S.àr.l. and IngreGrsy Limited also entered into a
novation agreement in order for IngreGrsy Limited to replace
IngreLux S.à r.l. in the relationship agreement with the
Company. The Permira V Fund ownership structure is otherwise
unchanged and remains ultimately controlled by Permira V GP Limited
and advised by Permira Advisers LLP.
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