TIDMWISE

RNS Number : 9100Q

Wise PLC

24 February 2023

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) 
 
 1a. Identity of the issuer or the                                            Wise plc 
  underlying issuer of existing shares 
  to which voting rights are attached: 
                                                            -------------------------------------------- 
 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                                                  X 
                                                                                               --------- 
 Other (please specify): 
                                                                                               --------- 
 3. Details of person subject to the notification obligation 
 Name                                                        Kristo Käärmann 
                                                            -------------------------------------------- 
 City and country of registered office                       London, United Kingdom 
  (if applicable) 
                                                            -------------------------------------------- 
 4. Full name of shareholder(s) (if different from 3.) 
 Name 
                                                            -------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                            -------------------------------------------- 
 5. Date on which the threshold was                          22 February 2023 
  crossed or reached: 
                                                            -------------------------------------------- 
 6. Date on which issuer notifie d:                          23 February 2023 
                                                            -------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                         % of voting rights     % of voting rights      Total of both     Total number 
                          attached to shares     through financial     in % (8.A + 8.B)    of voting 
                             (total of 8.           instruments                            rights held 
                                  A)               (total of 8.B                           in issuer 
                                                    1 + 8.B 2)                             (8.A + 8.B) 
                                                                                           (vii) 
                        --------------------  ---------------------  ------------------  --------------- 
 Resulting situation 
  on the date on 
  which threshold 
  was crossed or 
  reached                       48.2%                                                         48.2% 
                        --------------------  ---------------------  ------------------  --------------- 
 Position of previous 
  notification 
  (if 
  applicable)                   47.1% 
                        --------------------  ---------------------  ------------------  --------------- 
 
 
 
 8. Notified details of the resulting situation on the date on 
  which the threshold was crossed or reached 
 A: Voting rights attached to shares 
 Class/type of             Number of voting rights                         % of voting rights 
  shares 
  ISIN code (if 
  possible) 
                          ----------------------------------------------  -------------------------------- 
                                  Direct                 Indirect              Direct          Indirect 
                                 (DTR5.1)               (DTR5.2.1)             (DTR5.1)        (DTR5.2.1) 
                          ---------------------  -----------------------  ----------------  -------------- 
 Class A                   186,858,255                                     4.8% 
                          ---------------------  -----------------------  ----------------  -------------- 
 Class B                   1,681,221,204                                   43.3% 
                          ---------------------  -----------------------  ----------------  -------------- 
 
 SUBTOTAL 8. 
  A                                                                        48.2% 
                          ----------------------------------------------  -------------------------------- 
 
 B 1: Financial Instruments according to DTR5.3.1R (1) (a) 
 Type of financial         Expiration   Exercise/                  Number of                 % of voting 
  instrument                date (x)     Conversion Period          voting rights             rights 
                                         (xi)                       that may 
                                                                    be acquired 
                                                                    if the instrument 
                                                                    is 
                                                                    exercised/converted. 
                          -----------  -------------------------  ------------------------  -------------- 
 
 
 
                                        SUBTOTAL 8. B 
                                         1 
                                       -------------------------  ------------------------  -------------- 
 
 B 2: Financial Instruments with similar economic effect according 
  to DTR5.3.1R (1) (b) 
 Type of financial    Expiration        Exercise/        Physical          Number            % of voting 
  instrument           date (x)          Conversion       or cash           of voting         rights 
                                         Period (xi)      Settlement        rights 
                                                          (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                     X 
  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 (please 
  add additional rows as necessary) (xiv) 
                                                                                ----------- 
       Name            % of voting rights      % of voting rights        Total of both 
                         if it equals or        through financial         if it equals 
                       is higher than the       instruments if it         or is higher 
                      notifiable threshold     equals or is higher     than the notifiable 
                                               than the notifiable          threshold 
                                                    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 information 
 On 23 February 2023 Wise plc (the "Company") announced that, on 22 
  February 2023, the total voting rights in the Company were reduced 
  due to a cessation of voting rights in respect of 9,517,279 class 
  B ordinary shares. As a result of this, the Company's CEO Kristo Kaarmann's 
  voting rights in respect of shareholder decisions increased from 47.1% 
  to 48.2%. 
 
 
 
 Place of completion   London 
 Date of completion    23 February 2023 
                      ----------------- 
 
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