BH Macro Limited - Holding(s) in Company

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GG00BQBFY362

Issuer Name

BH MACRO LIMITED

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

Other

Comments

Acquisition of shares and purchase of shares

3. Details of person subject to the notification obligation

Name

Close Asset Management Limited

City of registered office (if applicable)

London

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

16-Feb-2023

6. Date on which Issuer notified

17-Feb-2023

7. Total positions of person(s) subject to the notification obligation

.	% of voting rights attached to shares (total of 8.A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)	Total of both in % (8.A + 8.B)	Total number of voting rights held in issuer
Resulting situation on the date on which threshold was crossed or reached	4.250000	0.000000	4.250000	15891180
Position of previous notification (if applicable)	5.230000	0.000000	5.230000

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)	Number of direct voting rights (DTR5.1)	Number of indirect voting rights (DTR5.2.1)	% of direct voting rights (DTR5.1)	% of indirect voting rights (DTR5.2.1)
GG00BQBFY362	15891180		4.250000
Sub Total 8.A	15891180		4.250000%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument	Expiration date	Exercise/conversion period	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument	Expiration date	Exercise/conversion period	Physical or cash settlement	Number of voting rights	% of voting rights
Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation

2. 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 entities (please add additional rows as necessary)

Ultimate controlling person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
Close Brothers Asset Management		5.230000
Close Brothers Asset Management		4.250000

10. In case of proxy voting

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 16th February 2023, the number of shares in issue of BH Macro ORD NPV GBP increased from 301,867,950 to 374,245,950.
Close Brothers Asset Management also acquired 50,000 shares and bought a further 9,690 shares. This brought our shareholding to 4.25% of the shares in issue based on the shares in issue figure of 374,245,950 as at 16th February 2023.
This is the required notification that the holding has crossed below 5% of the shares in issue.

12. Date of Completion

17-Feb-2023

13. Place Of Completion

UK