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TR-1: Notification of major interest in shares
Tiso Blackstar Group SE
(Incorporated in England and Wales)
(Company number SE 110)
(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: GB00BF37LF46
(“Tiso Blackstar” or the “Company”)
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES (i)
1. Identity of the issuer or the underlying issuer of
existing shares to which voting rights are attached (ii): TISO BLACKSTAR
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 notification obligation (iii): PROTEA ASSET MANAGEMENT LLC
4. Full name of shareholder(s)(if different from 3.)(iv): N/A
5. Date of the transaction and date on which the threshold is crossed or reached (v): November 16, 2017
6. Date on which issuer notified: November 16, 2017
7. Threshold(s) that is/are crossed or reached (vi, vii): 6.00%
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
ISIN CODE Number Number Number Number of voting % of voting rights (x)
of Shares of Voting of shares rights
Rights Direct Direct (xi) Indirect (xii) Direct Indirect
GB00BF37LF46 13,565,772 13,565,772 16,175,579 16,175,579 - 6.03% -
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
instrument price date (xvii) Conversion instrument refers to (xix,xx)
period (xviii)
Nominal Delta
- - - - -
- -
Total (A+B+C)
Number of voting rights Percentage of voting rights
16,175,579 6.03%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xxi):
Protea Asset Management LLC (“Protea”) = 16,175,579 shares
Address for Protea (a US limited partnership) is as follows:
3 Columbus Circle, 15th Floor
New York, NY
10019
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
London
17 November 2017
For further information, please contact:
Tiso Blackstar Group SE Leanna Isaac +44 (0) 20 7887 6017
Northland Capital Partners Limited Tom Price +44 (0) 20 3861 6625
JSE Sponsor: One Capital Sholto Simpson +27 (0) 11 550 5000
Date: 17/11/2017 11:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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