TR-1: Notification of major holdings

RNS Number : 1888E

Two Shields Investments PLC

26 February 2020

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer andto the FCA in

Microsoft Word format if possible)i

1a. Identity of the issuer or the	Two Shields Investments plc
underlying issuer of existing shares to
which voting rights are attachedii:
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if
appropriate)
Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights				X
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name				Morton PTC Limited as Trustee of The
			Morton Family Trust (MFT), Hawk
				Investment Holdings Limited (HIHL)
City and country of registered office (if		HIHL - St Peter Port, Guernsey
applicable)
4. Full name of shareholder(s) (if different from 3.)v
Name				Hawk Investment Holdings Limited
City and country of registered office (if		HIHL - St Peter Port, Guernsey
applicable)
5. Date on which the threshold was	25th February 2020
	vi
crossed or reached :
6. Date on which issuer notified	25th February 2020
(DD/MM/YYYY):
7. Total positions of person(s) subject to the notification obligation
	% of voting		% of voting rights		Total number of
		through financial
	rights attached		Total of both in
		instruments	voting rights of
	to shares (total		(total of 8.B 1 +	% (8.A + 8.B)	issuervii
	of 8. A)		8.B 2)
Resulting
situation on the	4.94%				4.94%
date on which				5,861,422,896
threshold was
crossed or
reached
Position of
previous	6.51%				6.51%
notification (if
applicable)

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

A: Voting rights attached to shares

Class/type of	Number of voting rightsix	% of voting rights
shares
ISIN code (if	Direct	Indirect	Direct	Indirect
(Art 9 of Directive	(Art 10 of Directive	(Art 9 of Directive	(Art 10 of Directive
possible)	2004/109/EC) (DTR5.1)	2004/109/EC)	2004/109/EC) (DTR5.1)	2004/109/EC)
		(DTR5.2.1)		(DTR5.2.1)
GB00BYQ5L258	289,500,000
(HIHL)
SUBTOTAL 8. A	289,500,000	4.94%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of		Exercise/	Number of voting
Expiration	rights that may be	% of voting
financial	Conversion	acquired if the
instrument	datex	xi	instrument is	rights
	Period
			exercised/converted.

SUBTOTAL 8. B 1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of	Expiration	Exercise/
financial	Conversion
datex
instrument	Period xi

Physical or	Number of	% of voting
cash
voting rights	rights
settlementxii

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SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the

(underlying) issuerxiii

Fullchain 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 entityxiv (please add additional rows as necessary)	x
Namexv	% of voting rights if it equals or is higher	% of voting rights through financial	Total of both if it equals or is higher than the
instruments if it equals or is higher than
	than the notifiable threshold	the notifiable threshold	notifiable threshold
MFT as sole shareholder of HIHL. The Board
of Directors of the Morton PTC are Albany
Directors Limited, Mr Anthony David Holt,
Robert Walter Morton (RWM) and Susan	0	0	0
Margaret Howard Morton (SMHM). The adult
beneficiaries of MFT are SMHM, RWM, Charles
Morton (CNM), Edward Morton (EGM) and
Andrew Morton (ARM).
HIHL	4.94%	0	4.94%

10. In case of proxy voting, please identify: Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

Place of	Guernsey, Channel Islands
completion
Date of	25th February 2020
completion

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