TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESⁱ


1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ⁱⁱ		Shawbrook Group PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights			x
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments			x
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ	MVN Asset Management PLC
4. Full name of shareholder(s) (if different from 3.):^iv	MVN Event Driven Master Fund Limited Maven Investment Partners Ltd (clients of MVN Asset Management Limited - discretionary management )
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	22/06/2017
6. Date on which issuer notified:	26/06/2017
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	3%

8. Notified details:

A: Voting rights attached to shares ^{viii, ix}

Class/type of
shares

if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of voting rights ^x

Direct

Direct ^xi

Indirect ^xii

Direct

Indirect

GB00BWDPMF43

3,812,746

1.52%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date ^xiii

Exercise/
Conversion Period ^xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments ^{xv, xvi}

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date ^xvii

Exercise/
Conversion period ^xviii

Number of voting rights instrument refers to

% of voting rights ^{xix, xx}

Swap

n/a

29/03/2018

3,880,267

Nominal

Delta

1.55%

1.00

Swap

n/a

21/04/2027

123,117

Nominal

Delta

0.05%

1.00

Total (A+B+C)

Number of voting rights

Percentage of voting rights

7,816,130

3.12

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi
The beneficial owners of the shares/ financial Instruments with similar economic effect to Qualifying Financial Instruments are Maven Investment Partners Ltd and MVN Event Driven Master Fund Limited respectively, which are both managed under a discretionary management agreement by MVN Asset Management Limited. The shares/ financial Instruments with similar economic effect to Qualifying Financial Instruments are held by the prime broker of MVN Event Driven Master Fund Limited, Merrill Lynch International and by the prime broker of Maven Investment Partners Ltd, ABN Amro Clearing NV. As a result, we have classified the voting rights in section 8A above as 'indirect'.

Proxy Voting:
10. Name of the proxy holder:		ABN Amro Clearing NV Merrill Lynch International
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A

13. Additional information:
14. Contact name:	Raphael Kain Peter Teng
15. Contact telephone number:	+44 20 3005 3780 +44 20 3876 8718