Holding(s) in Company
Saba Capital Management, L.P. has increased its total holding in Grainger PLC to 6.31% as of June 29, 2026, crossing a notification threshold. This increase is primarily driven by a Total Return Swap with an expiration date of December 15, 2026, which accounts for 6.16% of voting rights. The direct voting rights held by Saba Capital Management, L.P. amount to 0.15%, representing 1,106,546 shares. This represents an increase from their previous notification where their total holding was 5.04%.
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Issuer Details
ISIN
GB00B04V1276
Issuer Name
GRAINGER PLC
UK or Non-UK Issuer
UK
Reason for Notification
An acquisition or disposal of financial instruments
Details of person subject to the notification obligation
Name
Saba Capital Management, L.P.
City of registered office (if applicable)
New York
Country of registered office (if applicable)
United States
Details of the shareholder
| Name | City of registered office | Country of registered office |
| SMA #2 | United States | |
| SMA #1 | United States | |
| I-94 Partners Fund LP | United States | |
| Saba Capital Master Fund, Ltd. | Cayman Islands | |
| Saba Capital Investment Trusts UCITS ETF | Ireland | |
| Stone Ridge Archimedes Sub-Master (Red) LP | United States | |
| Saba K Fund, LP | United States | |
| Saba Capital Income & Opportunities Fund II | United States | |
| Saba Capital CEF Opportunities 2, Ltd. | Cayman Islands | |
| Saba Capital CEF Opportunities 1, Ltd. | Cayman Islands | |
| Saba Capital Income & Opportunities Fund | United States |
Date on which the threshold was crossed or reached
29-Jun-2026
Date on which Issuer notified
01-Jul-2026
- 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 held in issuer | |
|---|---|---|---|---|
| Resulting situation on the date on which threshold was crossed or reached | 0.149209 | 6.162206 | 6.311415 | 46806023 |
| Position of previous notification (if applicable) | 0.145167 | 4.891792 | 5.036959 | |
| 8A. Voting rights attached to shares | ||||
| Class/Type of shares ISIN code(if possible) | Number of direct voting rights (DTR5.1) | Number of indirect voting rights (DTR5.2.1) | % of direct voting rights (DTR5.1) | % of indirect voting rights (DTR5.2.1) |
| GB00B04V1276 | 1106546 | 0 | 0.149209 | 0.000000 |
| Sub Total 8.A | 1106546 | 0.149209% | ||
| 8B1. Financial Instruments according to (DTR5.3.1R.(1) (a)) | ||||
| Type of financial instrument | Expiration date | Exercise/conversion period | Number of voting rights that may be acquired if the instrument is exercised/converted | % of voting rights |
Sub Total 8.B1
- Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
| Type of financial instrument | Expiration date | Exercise/conversion period | Physical or cash settlement | Number of voting rights | % of voting rights |
|---|---|---|---|---|---|
| Total Return Swap | 12/15/2026 | Cash | 45699477 | 6.162206 | |
| Sub Total 8.B2 | 45699477 | 6.162206% |
- Information in relation to the person subject to the notification obligation
| Ultimate controlling person | Name of controlled undertaking | % 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 |
|---|---|---|---|---|
| Boaz Weinstein | Saba Capital Management GP, LLC | |||
| Saba Capital Management GP, LLC | Saba Capital Management, L.P. | 6.311415% |
In case of proxy voting
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
If date does not apply, explain below
- Additional Information
- Date of Completion
01-Jul-2026
Place Of Completion
New York
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