TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
 
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are
attachedii:
PayPoint plc
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 
Other (please specify)iii:
This is a voluntary notification, confirming the person subject to the notification obligation is Sanford DeLand Asset Management Limited. Previously, TR1 notifications were made by Castlefield Partners.
This notification also brings Sanford DeLand’s interest up-to-date (note: no threshold cross because the position is held by a scheme required to report at 5%; 10% and 1% increments thereafter)
X
3. Details of person subject to the notification obligationiv
NameSANFORD DELAND ASSET MANAGEMENT LTD
City and country of registered office (if applicable)LEEDS, UNITED KINGDOM
4. Full name of shareholder(s) (if different from 3.)v
Name 
City and country of registered office (if applicable) 
5. Date on which the threshold was crossed or reachedvi: 
6. Date on which issuer notified (DD/MM/YYYY):04 March 2022
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 of
issuervii
Resulting situation on the date on which threshold was crossed or reached5.68% 5.68%68,909,270
Position of previous notification (if
applicable)
6.15% 6.15% 



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
shares
ISIN code (if possible)

Number of voting rightsix% of voting rights
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Direct
(Art 9 of Directive 2004/109/EC) (DTR5.1)
Indirect
(Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB00B02QND933,915,000 5.68% 
     
     
SUBTOTAL 8. A3,915,0005.68%
 
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrumentExpiration
datex
Exercise/
Conversion Periodxi
Number of voting rights that may be acquired if the instrument is
exercised/converted.
% of voting rights
     
     
     
  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 financial instrumentExpiration
datex
Exercise/
Conversion Period xi
Physical or cash
settlementxii
Number of voting rights % of voting rights
      
      
      
   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 
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 entityxiv (please add additional rows as necessary)
X
Namexv% 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 thresholdTotal of both if it equals or is higher than the notifiable threshold
CFP SDL UK
BUFFETTOLOGY FUND
5.68% 5.68%
    
    
    
    
 
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
TR1 notifications were previously made on behalf of Sanford DeLand Asset Management, by Castlefield Partners. However, as Sanford DeLand is no longer an appointed representative of Castlefield, the person with the reporting obligation is Sanford DeLand.


Place of completionSanford DeLand Asset Management Limited, Leeds, UK
Date of completion04 March 2022


 
Enquiries for PayPoint plc
Brian McLelland, Company Secretary
(tel: +44(0) 1707 600300)