The Company has received a form TR-1 on 31 May 2018 from Working Capital Management Pte. Ltd..
TR-1 Standard form for notification of major holdings
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
ZEAL Network SE
1b. Please indicate if the issuer is a non-UK issuer:
Non-UK issuer
2. Reason for the notification:
An acquisition or disposal of voting rights
3. Details of person subject to the notification obligation:
Name: Working Capital Management Pte. Ltd.
City and country of registered office: Singapore
4. Full name of shareholder(s) (if different from 3.):
Name: Working Capital Partners, Ltd., High Street Partners, Ltd.
City and country of registered office: Cayman Islands
5. Date on which the threshold was crossed or reached:
29/05/2018
6. Date on which issuer notified:
31/05/2018
7. Total positions of person(s) subject to the notification obligation:
% of voting rights attached to shares (total of 8. A)
Resulting situation on the date on which threshold was crossed or reached: 5.07%
Position of previous notification: N/A
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)
Resulting situation on the date on which threshold was crossed or reached: NA
Position of previous notification: N/A
Total of both in % (8.A + 8.B)
Resulting situation on the date on which threshold was crossed or reached: 5.07%
Position of previous notification: N/A
Total number of voting rights of issuer
Resulting situation on the date on which threshold was crossed or reached: 425,540
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 of shares: GB00BHD66J44
Number of voting rights (Direct):
Number of voting rights (Indirect): 425,540
SUBTOTAL 8. A: 425,540
% of voting rights (Direct):
% of voting rights (Indirect): 5.07%
SUBTOTAL 8. A: 5.07%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
N/A
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
N/A
9. Information in relation to the person subject to the notification obligation:
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
Name:
Working Capital Partners, Ltd., High Street Partners, Ltd.
10. In case of proxy voting, please identify
Name of the proxy holder: N/A
The number and % of voting rights held: N/A
The date until which the voting rights will be held: N/A
11. Additional information
Working Capital Management Pte. Ltd. is the investment manager of Working Capital Partners, Ltd. and High Street Partners, Ltd.
Place of completion: Singapore
Date of completion: 31 May 2018