Holding(s) in Company
Saba Capital Management, L.P. has acquired financial instruments, increasing its total holding in Grainger PLC to 9.16%, comprising 4.12% of voting rights attached to shares and 5.04% through financial instruments, specifically a Total Return Swap expiring in December 2026. This notification follows a threshold crossing on October 1, 2026, with Grainger PLC being notified on October 5, 2026. The total number of voting rights held in the issuer is 67,914,817.
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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 |
| Saba Capital Master Fund, Ltd. | Cayman Islands | |
| SMA #11 | United States | |
| Saba Capital Investment Trusts UCITS ETF | Ireland | |
| SMA #10 | United States | |
| Saba Capital Pine Creek Fund, LP | United States | |
| SMA #9 | United States | |
| SMA #8 | 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 | |
| Saba Capital Bluebird Fund, Ltd. | Cayman Islands |
Date on which the threshold was crossed or reached
01-Oct-2026
Date on which Issuer notified
05-Oct-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 | 4.121541 | 5.036225 | 9.157766 | 67914817 |
| Position of previous notification (if applicable) | 4.121541 | 4.811257 | 8.932798 | |
| 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 | 30565722 | 0 | 4.121541 | 0.000000 |
| Sub Total 8.A | 30565722 | 4.121541% | ||
| 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 | 37349095 | 5.036225 | |
| Sub Total 8.B2 | 37349095 | 5.036225% |
- 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. | 5.036225 |
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
05-Oct-2026
Place Of Completion
New York
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