Holding(s) in Company
On April 8, 2026, Salt Value AS, through its controlled undertakings, crossed a notification threshold by acquiring voting rights in Helical PLC, bringing its total holding to 5.04%, which includes 6,219,300 voting rights attached to shares. This represents an increase from its previous notification of 4.25%. The aggregation of holdings is due to the relationship between Salt Value AS, its AIFM Salt Capital AS, Espedal & Co AS, and Harald Espedal, who is the ultimate beneficial owner.
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On Thursday 9 April 2026, the Company received the TR-1 standard form for notification of major holdings as disclosed below:
TR-1: Standard form for notification of major holdings
Issuer Details
ISIN
GB00B0FYMT95
Issuer Name
HELICAL PLC
UK or Non-UK Issuer
UK
Reason for Notification
An acquisition or disposal of voting rights
Details of person subject to the notification obligation
Name
Salt Value AS
City of registered office (if applicable)
Stavanger
Country of registered office (if applicable)
Norway
Details of the shareholder
| Name | City of registered office | Country of registered office |
| Harald Espedal | Stavanger | Norway |
Date on which the threshold was crossed or reached
08-Apr-2026
Date on which Issuer notified
09-Apr-2026
- Total positions of person(s) subject to the notification obligation
| Resulting situation on the date on which threshold was crossed or reached | 5.040000 | 0.000000 | 5.040000 | 6219300 |
| Position of previous notification (if applicable) | 4.250000 | 0.000000 | 4.250000 | |
| 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) |
| GB00B0FYMT95 | 6219300 | 5.040000 | ||
| Sub Total 8.A | 6219300 | 5.040000% | ||
Financial Instruments according to (DTR5.3.1R.(1) (a))
Sub Total 8.B1
- Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))
Sub Total 8.B2
- Information in relation to the person subject to the notification obligation
| Salt Value (Chain 1) | Salt Value AS | 4.530000 | 4.530000% |
| Salt Value AS (Chain 1) | Espedal & Co AS | 0.510000 | 0.510000% |
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
Additional Information
Salt Capital AS is the AIFM of the AIF Salt Value AS. Harald Espedal is the portfolio manager of Salt Value AS. Espedal & Co AS owns 100% of the AIFM Salt Capital AS and Harald Espedal is the ultimate beneficial owner of Espedal & Co AS. Therefore the holdings of Salt Value AS and Espedal & Co AS are aggregated in accordance with DTR5.1.4A.
- Date of Completion
- Place Of Completion
Stavanger, Norway
Helical plc
| Marsha Rennie | Tel: 020 7629 0113 |
| Acting Company Secretary | Address: 22 Ganton Street, London |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.