BIT - Holding(s) in Company

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN: GB00BN4NDR39
Issuer Name: THE BANKERS INVESTMENT TRUST PLC
UK or Non-UK Issuer: UK

2. Reason for Notification:

Other
Comments: The increase in shareholding outlined in this form has been driven by the all-share combination of Rathbones Group Plc with Investec Wealth & Investment Limited which completed on 21st September 2023.

3. Details of person subject to the notification obligation

Name: Rathbones Investment Management Ltd
City of registered office (if applicable): London
Country of registered office (if applicable): United Kingdom

Name: Investec Wealth & Investment (Channel Islands)
City of registered office: St Peter Port
Country of registered office: Guernsey

Name: Investec Wealth & Investment Limited
City of registered office: London
Country of registered office: UK

Name: Rathbones Investment Management International Limited
City of registered office: London
Country of registered office: UK

4. Details of the shareholder

Name: Torch Nominees Limited
City of registered office: St Peter Port
Country of registered office: Guernsey

Name: Hero Nominees Limited
City of registered office:St Peter Port
Country of registered office: Guernsey

Name: Ferlim Nominees Limited
City of registered office: London
Country of registered office: UK

Name: BNP Paribas Limited
City of registered office: London
Country of registered office: UK

Name: Rathbone Nominees Limited
City of registered office: London
Country of registered office: UK

5. Date on which the threshold was crossed or reached:
21-Sep-2023

6. Date on which Issuer notified:
22-Sep-2023

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

Resulting situation on the date on which threshold was crossed or reached -

% of voting rights attached to shares (total of 8.A): 10.837900
% of voting rights through financial instruments (total of 8.B 1 + 8.B 2): 0.000000
Total of both in % (8.A + 8.B): 10.837900
Total number of voting rights held in issuer: 135281981

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): GB00BN4NDR39
Number of indirect voting rights (DTR5.2.1): 135281981
% of indirect voting rights (DTR5.2.1): 10.837900
Sub Total 8.A: 135281981, 10.837900%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a)): N/A

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(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 entities (please add additional rows as necessary)

Ultimate controlling person: Rathbones Group Plc
Name of controlled undertaking: Rathbones Investment Management Limited
% of voting rights if it equals or is higher than the notifiable threshold: 7.063000

Ultimate controlling person: Rathbones Group Plc
Name of controlled undertaking: Rathbones Investment Management International Limited
% of voting rights if it equals or is higher than the notifiable threshold: 0.027700

Ultimate controlling person: Rathbones Group Plc
Name of controlled undertaking: Investec Wealth & Investment Limited
% of voting rights if it equals or is higher than the notifiable threshold: 3.741400

Ultimate controlling person: Rathbones Group Plc
Name of controlled undertaking: Investec Wealth & Investment (Channel Islands)
% of voting rights if it equals or is higher than the notifiable threshold: 0.005900

10. In case of proxy voting
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:
None

12. Date of Completion:
22-Sep-2023

13. Place Of Completion:
Port of Liverpool Building, Liverpool L3

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Announcement PDF