Shareholding disclosure
Olayan Group
Declared position
17.04%
Threshold
Crossed upwards
Timeline
Published
04.08.2012
Transaction
18.07.2012
Transfer date
31.07.2012
Voting rights breakdown
Notice details
Notification ID
TAC7O00030
Beneficial owner
Olayan Group
Declared address
Olayan Group
Cancellation of former, reissuance of amended and paying-up of Tier 1 Buffer Capital Notes and thereby triggering the conditions for reporting under the recommendation of the disclosure office of 9 February 2011. Beneficial Owner is the immediate family of the late Suliman S. Olayan, being his children: Khaled Olayan, Al-Khobar, Saudi-Arabia; Lubna Olayan, Riyadh, Saudi Arabia; Hayat Olayan, Jeddah, Saudi Arabia; a trust for the benefit of his daughter Hutham Olayan (a Liechtenstein trust, Hutham Olayan is a resident of New York, New York, USA) and a trust for the benefit of his wife Mary P. Olayan (a Liechtenstein trust, Mary P. Olayan is a resident of Riyadh, Saudi Arabia) (the "Olayan Group"). The beneficial owners and the direct Investors are connected as follows: - Crescent Holding GmbH (direct Investor regarding the Shares and the short put options); - Competrol (Luxembourg) S.à.r.l. (owner of Crescent Holding GmbH), address: 2-8 Avenue Charles De Gaulle, L-1653 Luxembourg, Grand-Duchy of Luxembourg; - Competrol Establishment (owner of Competrol (Luxembourg) S.à.r.l.), address: Heiligkreuz 6, Vaduz, FL-9490 Furstentum Liechtenstein (direct investor regarding the Financial Instruments, except for the short put options); - Olayan Investments Company Establishment (owner of Competrol Establishment (Liechtenstein)), address: 111 Poseidonos Ave., Glyfada, Athens, Greece 166 10; - The Suliman S. Olayan Foundation Trust A Liechtenstein trust which owns Olayan Investments Company Establishment, address: Heiligkreuz 6, Vaduz, FL-9490, Furstentum Liechtenstein; - Olayan International Limited, A BVI limited liability company which is the sole beneficiary of the Suliman S. Olayan Foundation Trust, address: Craigmuir Chambers, PO Box 71, Road Town, Tortola, British Virgin Islands. Olayan International Limited is equally owned by KSO Ltd, (a BVI limited liability company, address: Craigmuir Chambers, PO Box 71, Road Town, Tortola, British Virgin Islands) fully owned by Khaled Olayan; LSO Ltd (a BVI limited liability company, address: Craigmuir Chambers, PO Box 71, Road Town, Tortola, British Virgin Islands) fully owned by Lubna Olayan; HSSO Ltd. (a BVI limited liability company, address: Craigmuir Chambers, PO Box 71, Road Town, Tortola, British Virgin Islands) fully owned by Hayat Olayan; HSO Family Trust (a Liechtenstein trust, address: Heiligkreuz 6, Vaduz, FL-9490 , Furstentum Liechtenstein) for the benefit of Hutham Olayan; and MPO Trust (a Liechtenstein Trust, address: Heiligkreuz 6, Vaduz, FL-9490, Furstentum Liechtenstein) for the benefit of Mary P. Olayan.
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