In a recent announcement, Ameriprise Financial, Inc., a financial services company based in Minneapolis, United States, revealed its acquisition of proxy voting shares in Sirius Real Estate Limited, a non-UK issuer incorporated in Guernsey. The acquisition took place on July 11, 2023, and was notified to the issuer on July 13, 2023.
Ameriprise Financial, Inc. disclosed the transfer of proxy voting shares as the reason for the notification. The company holds a total of 4.359% of voting rights attached to shares, equivalent to 51,335,284 voting rights in Sirius Real Estate Limited. Prior to this transaction, Ameriprise Financial, Inc. held 5.232% of voting rights, indicating a reduction in its overall holdings.
The notification provided the following details about the transaction:
| Issuer Details | |
|---|---|
| ISIN | GG00B1W3VF54 |
| Issuer Name | SIRIUS REAL ESTATE LIMITED |
| UK or Non-UK Issuer | Non-UK |
| Person Subject to Notification Obligation | |
| Name | Ameriprise Financial, Inc. |
| City of Registered Office (if applicable) | Minneapolis |
| Country of Registered Office (if applicable) | United States |
| Total Positions of Person(s) Subject to Notification Obligation | |
| % of Voting Rights Attached to Shares (Total of 8.A) | 4.359000 |
| % of Voting Rights Through Financial Instruments (Total of 8.B1 + 8.B2) | 0.000000 |
| Total of Both in % (8.A + 8.B) | 4.359000 |
| Total Number of Voting Rights Held in Issuer | 51,335,284 |
| Position of Previous Notification (if applicable) | |
| % of Voting Rights Attached to Shares (Total of 8.A) | 5.232000 |
| % of Voting Rights Through Financial Instruments (Total of 8.B1 + 8.B2) | 0.000000 |
| Total of Both in % (8.A + 8.B) | 5.232000 |
| 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) |
| GG00B1W3VF54 | 0 |
| 8B1. Financial Instruments according to (DTR5.3.1R.(1) (a)) | |
| Type of Financial Instrument | Expiration Date |
| 8B2. Financial Instruments with Similar Economic Effect according to (DTR5.3.1R.(1) (b)) | |
| Type of Financial Instrument | Expiration Date |
| Information in Relation to the Person Subject to the Notification Obligation | |
| 2. Full Chain of Controlled Undertakings | |
| Ultimate Controlling Person | Name of Controlled Undertaking |
| Ameriprise Financial, Inc. (Chain 1) | Ameriprise Financial, Inc. |
| Ameriprise Financial, Inc. (Chain 2) | Ameriprise Financial, Inc. |
| 10. In Case of Proxy Voting | |
| Name of the Proxy Holder | The Number and % of Voting Rights Held |
| Not applicable | Not applicable |
| 11. Additional Information | |
| Columbia Threadneedle Management Limited is wholly owned by Columbia Threadneedle Holdings Limited, which is wholly owned by Columbia Threadneedle Group (Management) Limited, which is wholly owned by Columbia Threadneedle Group (Holdings) Limited, which is wholly owned by Columbia Threadneedle AM (Holdings) Plc, which is wholly owned by Columbia Threadneedle (Europe) Limited, which is wholly owned by Columbia Threadneedle Investments UK International Limited, which is wholly owned by Ameriprise Financial, Inc. | |
| Thames River Capital LLP is wholly owned by Columbia Threadneedle Capital (UK) Limited, which is wholly owned by Columbia Threadneedle Capital (Holdings) Limited, which is wholly owned by Columbia Threadneedle Capital (Group) Limited, which is wholly owned by Columbia Threadneedle AM (Holdings) Plc, which is wholly owned by Columbia Threadneedle (Europe) Limited, which is wholly owned by Columbia Threadneedle Investments UK International Limited, which is wholly owned by Ameriprise Financial, Inc. | |
| 12. Date of Completion | July 13, 2023 |
| 13. Place of Completion | Swindon, UK |
| JSE Sponsor | PSG Capital |
Proxy voting rights are an important aspect of corporate governance, allowing shareholders to delegate their voting power to another entity. With this acquisition, Ameriprise Financial, Inc. aims to exert influence and actively participate in the decision-making process of Sirius Real Estate Limited.
