Summary | Issuer | Ultima Capital SA | | Reason for Disclosing | Change in Notified Details | Other | | Basis of Calculation | 5,909,922 | | Acquisition Positions | 1,704,205 (28.836 %) | | Disposal Positions | 1,968,004 (33.300 %) | | Date of Origination of the Reporting Obligation | 08/26/2021 | | | | Individual Shareholder | Beneficial Owner | - Max-Hervé George, London/UK, GB
| | Direct Shareholder | - Alpine 2 SCSp, 5 rue Guillaume Kroll L-1882, Luxembourg, LU
| | |
Purchase Positions Registered Shares
Number Of Shares |
Number of Voting Rights | | 1,704,205 | 1,704,205 | Disposal Positions | Derivative Holdings | | Type of Rights | Numer of Rights | Number of Voting Rights | Percentage | ISIN | | Put-Option (Warrant) | 1 | 1,968,004 | 33.300 % | - | | Comment: On 26 August 2021, Alpine 2 SCSp, 5 rue Guillaume Kroll, L-1882 Luxembourg, Grand Duchy of Luxembourg, became direct shareholder of 492'001 shares in Ultima Capital SA (8.325%). On 27 August 2021, Alpine 1 SCSp, whose beneficial owner is Max-Hervé George, London, United Kingdom, and which in turn owns the units in Alpine 2 SCSp, has entered into a secured debt financing with Alpine Holding Korlátolt Felelősségű Társaság, 11 Andrássy út, 1061 Budapest, Hungary. The shares in Ultima Capital SA owned by Alpine 2 SCSp serve as collateral for the debt financing (secured debt). Under the secured debt financing agreement, Alpine 1 SCSp issues various tranches of notes with maturity date 30 December 2025 ("Notes"). At the election of Alpine 1 SCSp, repayment of these collateralized Notes can be made either in cash or by transferring the units in Alpine 2 SCSp ("Repayment in Kind") at the maturity of the Notes. In the case of such Repayment in Kind, Alpine 2 SCSp would be required to hold 1'968'004 shares in Ultima Capital SA (33.30%) as well as certain other assets. | | |
