TIDMWISE

RNS Number : 9838Y

Wise PLC

08 January 2024

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                                         Wise plc 
  the 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                    London, United Kingdom 
  office (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                    2 January 2024 
  was crossed or reached: 
                                                  -------------------------------------------------- 
 6. Date on which issuer notified:                 8 January 2024 
                                                  -------------------------------------------------- 
 7. Total positions of person(s) subject to the notification 
  obligation 
                                 % of voting       % of voting rights   Total of both   Total number 
                               rights attached     through financial      in % (8.A      of voting 
                               to shares (total       instruments           + 8.B)       rights held 
                                   of 8. 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                        49.3%                                                  49.3% 
                            --------------------  -------------------  --------------  ------------- 
 Position of 
  previous notification 
  (if 
  applicable)                       48.2% 
                            --------------------  -------------------  --------------  ------------- 
 
 
 
 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            Number of voting rights                  % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
                      ---------------------------------------  ----------------------------------------------- 
                            Direct              Indirect                    Direct                 Indirect 
                            (DTR5.1)           (DTR5.2.1)                  (DTR5.1)                (DTR5.2.1) 
                      ------------------  -------------------  -------------------------------  -------------- 
 Class A               186,858,255                              4.9% 
                      ------------------  -------------------  -------------------------------  -------------- 
 Class B               1,681,221,204                            44.3% 
                      ------------------  -------------------  -------------------------------  -------------- 
 
 SUBTOTAL 
  8. A                                                          49.3% 
                      ---------------------------------------  ----------------------------------------------- 
 
 B 1: Financial Instruments according to DTR5.3.1R (1) (a) 
 Type of financial     Expiration          Exercise/            Number of voting                 % of voting 
  instrument            date (x)            Conversion Period    rights that may                  rights 
                                            (xi)                 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              Expiration           Exercise/            Physical      Number of          % of voting 
  financial            date (x)            Conversion           or cash        voting rights      rights 
  instrument                               Period (xi)          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                                X 
  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 (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                 instruments if             or is higher 
                     the notifiable                it equals or is          than the notifiable 
                        threshold                  higher than the               threshold 
                                                 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 information 
 On 2 January 2024 Wise plc (the "Company") announced that, 
  on 22 December 2023, the total voting rights in the Company 
  were reduced due to a cessation of voting rights in respect 
  of 2,000,000 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 48.2% to 49.3%. 
 
 
 
 Place of completion   London 
 Date of completion    8 January 2024 
                      --------------- 
 

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