Notification of major shareholding
18 Junho 2024 - 11:28AM
UK Regulatory
Notification of major shareholding
With reference to section 30 of the Danish
Capital Markets Act, Park Street A/S announces the below
developments in the direct and indirect holdings of share capital
and voting rights in Park Street A/S by Park Street Asset
Management Ltd.
As part of the share buyback program announced
on 28 February 2024, Park Street Asset Management Ltd decreased its
direct and indirect shareholdings on 21 March 2024 from 6,722,484
A-shares and 42,183,080 B-shares corresponding to 85.54% of the
total nominal share capital and the votes before the transaction to
a total direct and indirect shareholding of 38,905,554 shares,
divided into 6,722,484 A-shares owned directly by Park Street Asset
Management Ltd, and 32,183,070 B-shares owned by its controlled
company Park Street NordAc S.à.r.l. Consequently, as of 21 March
2024 the total controlled direct and indirect shareholdings
corresponded to 68.05% of the total nominal share capital and the
votes.
Further, as a result of the capital reduction
adopted at the annual general meeting (see company announcement of
26 April 2024) and the corresponding cancellation of 15,120,450
treasury shares, which cancellation from Nasdaq's systems were
finally concluded on 3 June 2024, the direct and indirect
shareholdings of Park Street Asset Management Ltd. increased to
92.51% of the share capital and the votes due to Park Street A/S no
longer holding any treasury shares and the corresponding changed
breakdown of the voting rights and share capital.
For further information please contact Pradeep Pattem, CEO at
parkstreet@parkstreet.dk
Company Website: www.psnas.com
Telephone Number: +45 33 33 93 03
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