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Press Release

TechnipFMC plc: Notification of Major Interest in Shares

May 27, 2020

PDF Version

27 May 2020

LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--May 27, 2020-- Regulatory News:

TechnipFMC plc (NYSE: FTI) (Paris: FTI) (ISIN: GB00BDSFG982) announces that it has received the following notification of major interests in shares.

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:

TechnipFMC 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

X

An acquisition or disposal of financial instruments

 

An event changing the breakdown of voting rights

 

Other (please specify)iii:

 

3. Details of person subject to the notification obligationiv

Name

First Eagle Investment Management, LLC

City and country of registered office (if applicable)

New York, NY USA

4. Full name of shareholder(s) (if different from 3.)v

Name

First Eagle Global Value Fund LP
First Eagle International Value Fund LP
Fairfax County Police Retirement Systems
First Eagle Global Fund
First Eagle Global Value Master Fund
First Eagle Overseas Fund
First Eagle Overseas Variable Fund
First Eagle U.S. Value Fund
Ewing Marion Kauffman Foundation
Mercer Low Volatility Equity Fund
Premier International Equity Fund
UFCW of Southern California
First Eagle Amundi International Fund
Sofire Fund Ltd.
United Food and Commercial Workers Union
UPMC Master Trust
UTC Master Retirement Trust First Eagle

City and country of registered office (if applicable)

 

5. Date on which the threshold was crossed or reachedvi:

May 26, 2020

6. Date on which issuer notified (DD/MM/YYYY):

May 27, 2020

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 reached

4.84%

0%

4.84%

448,303,413

Position of previous notification (if

applicable)

5.12%

0%

5.12%

 

 
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)

 

21,712,783

0

4.84%

0%

 

 

 

 

 

 

 

 

 

 

SUBTOTAL 8. A

21,712,783

4.84%

 

 

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

Type of financial instrument

Expiration
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 instrument

Expiration
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 threshold

Total of both if it equals or is higher than the notifiable threshold

Stephen A. Schwarzman

%

%

%

Blackstone Group Management L.L.C

%

%

%

The Blackstone Group Inc.

%

%

%

Blackstone Holdings III GP Management L.L.C.

%

%

%

Blackstone Holdings III GP L.P.

%

%

%

Blackstone Holdings III L.P.

%

%

%

BMA VI L.L.C.

%

%

%

Blackstone Management Associates VI L.L.C.

%

%

%

Blackstone Capital Partners VI L.P.1

%

%

%

BCP CC Holdings GP L.L.C.

%

%

%

BCP CC Holdings L.P.

%

%

%

First Eagle Holdings, Inc.

%

%

%

First Eagle Investment

Management, L.L.C.

4.84%

%

4.84%

 

 

 

 

D.T. Ignacio Jayanti

%

%

%

Corsair Capital Group Ltd.

%

%

%

Corsair Capital, L.P.

%

%

%

Corsair Capital LLC2

%

%

%

Corsair Partners Mentor Management, L.P.3

%

%

%

Corsair Mentor, L.P.3

%

%

%

Corsair IV Management L.P

%

%

%

Corsair IV Financial Services Capital Partners L.P.

%

%

%

BCP CC Holdings GP L.L.C.

%

%

%

BCP CC Holdings L.P.

%

%

%

First Eagle Holdings, Inc.

%

%

%

First Eagle Investment

Management, L.L.C.

4.84%

%

4.84%

 

 

 

 

 

 

 

 

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

First Eagle Investment Management, LLC is a U.S. investment advisor registered under the Investment Advisors Act 1940.

 

 

 

 

 

 

 

 

Place of completion

1345 Avenue of the Americas, New York, NY USA

Date of completion

May 27, 2020

1 On the basis of a contractually agreed Information Barrier Policy, First Eagle Holdings, Inc. and its affiliated entities generally do not possess nor have access to non-public information held by The Blackstone Group Inc. and its affiliated entities listed in this TR-1.
2 On the basis of a contractually agreed Information Barrier Policy, First Eagle Holdings, Inc. and its affiliated entities generally do not possess nor have access to non-public information held by Corsair Capital LLC and its affiliated entities listed in this TR-1.
3 Corsair Mentor Management, L.P and Corsair Mentor, L.P may be deemed controllers; however they do not have voting rights.

TechnipFMC plc

Source: TechnipFMC plc