TISO BLACKSTAR GROUP SE - Notification Of Major Interest In Shares

Notification Of Major Interest In Shares

Tiso Blackstar Group SE
(Incorporated in Malta)
(Company number SE 4)
(registered as an external company with limited liability in the Republic of South Africa under
registration number 2011/008274/10)
LSE Ticker: TBGR
JSE Share code: TBG
ISIN: MT0000620113 (“Tiso Blackstar” or the “Company”)


 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

 1. Identity of the issuer or the underlying issuer
 of existing shares to which voting rights are                TISO BLACKSTAR GROUP SE
 attached: ii
 2 Reason for the notification (please tick the appropriate box or boxes):

 An acquisition or disposal of voting rights                                                      X

 An acquisition or disposal of qualifying financial instruments which may result in the
 acquisition of shares already issued to which voting rights are attached
 An acquisition or disposal of instruments with similar economic effect to qualifying
 financial instruments
 An event changing the breakdown of voting rights
 Other (please
 specify):

 3. Full name of person(s) subject to the                 PROTEA ASSET MANAGEMENT LLC AND
 notification obligation: iii                                  CONDUIT CAPITAL LIMITED



 4. Full name of shareholder(s)
  (if different from 3.):iv


 5. Date of the transaction and date on
 which the threshold is crossed or                                      FEBRUARY 23, 2017
 reached: v

 6. Date on which issuer notified:                                        MARCH 23, 2017

 7. Threshold(s) that is/are crossed or
                                                                                 3%
 reached: vi, vii

 8. Notified details:
A: Voting rights attached to shares viii, ix
Class/type of        Situation previous          Resulting situation after the triggering transaction
shares               to the triggering
                     transaction
if possible using    Number          Number      Number               Number of voting      % of voting rights x
the ISIN CODE        of              of          of shares            rights
                     Shares          Voting                                       Indirec
                                                 Direct               Direct xi             Direct         Indirect
                                     Rights                                       t xii

MT0000620113         7,933,611       7,933,611                        7,990,456
                                                                                            3.006%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction
Type of financial          Expiration    Exercise/                     Number of voting             % of voting
instrument                 date xiii     Conversion Period      xiv    rights that may be           rights
                                                                       acquired if the
                                                                       instrument is
                                                                       exercised/ converted.


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
xv, xvi

Resulting situation after the triggering transaction
Type of financial     Exercise     Expiration    Exercise/        Number of voting rights      % of voting rights xix,
instrument            price        date xvii     Conversion       instrument refers to         xx

                                                 period xviii
                                                                                               Nominal       Delta
Total (A+B+C)
Number of voting rights                                   Percentage of voting rights
    7,990,456
                                                          3.006%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
Our group, which is deemed to be under common control, is comprised of:

1. Protea Asset Management LLC (“Protea”) = 7,448,284 shares, and

2. Conduit Capital Limited (“Conduit”) = 542,172 shares

Address for Protea (a US limited partnership) is as follows:

3 Columbus Circle, 15th Floor
New York, NY
10019

Address for Conduit (a JSE listed company) is as follows:

Unit 9, 4 Homestead Avenue
Bryanston, Sandton
2191

Proxy Voting:
10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease
to hold:

12. Date on which proxy holder will cease to hold
voting rights:

13. Additional information:


14. Contact name:                                     ADRIAN MAIZEY


15. Contact telephone number:                         +1-203-489-2032

JSE Sponsor: PSG Capital Proprietary Limited

Date: 28/03/2017 11:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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