[x]Fullchainofcontrolledundertakingsthroughwhichthevotingrightsand/or the financialinstrumentsareeffectivelyheldstartingwiththeultimatecontrollingnaturalpersonor legal entityxiv:
Namexv
% of voting rights if it equalsorishigherthan thenotifiablethreshold
% of voting rights through financial instrumentsifitequals or is higher than the notifiable threshold
Totalofbothifitequals or is higher than the notifiable threshold
Scott L. Barbee
5.31%
N/A
5.31%
Aegis Financial Corporation
5.13%
N/A
5.13%
11. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]
12. Additional informationxvi: Aegis Financial Corporation (“AFC”) is a US-based investment management company that manages the Aegis Value Fund, a series of The Aegis Funds, as well as other separately managed accounts. Scott Barbee is the control owner of AFC. The direct shares reported in this filing are held personally by Scott Barbee. The indirect shares reported in this filing are controlled by Scott Barbee in his capacity as the discretionary portfolio manager for AFC and the Aegis Value Fund. As of the date the threshold was reached or crossed, the Aegis Value Fund held 4,324,936 shares or 4.85%, of the issuer.
DoneinVirginia,USAon30January2025.
Notes
i. Persons completing this form should have regard to the requirements of the Transparency (Directive 2004/109/EC) Regulations 2007asamended(the“Regulations”),theCentralBankofIreland’sTransparencyRules(the“TransparencyRules”)andCommission Delegated Regulation (EU) 2015/761 of 17 December 2014. iiFullname of the legal entity and other identifying specification ofthe issuer or underlying issuer, provided it is reliable and accurate (e.g. address, LEI, domestic number identity).
iiiOther reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding (e.g. expiring of financial instruments) or acting in concert.
ivThisshouldbethe full nameof(a)the shareholder;(b) the natural personorlegalentityacquiring,disposingof orexercising voting rights in the cases provided for in Regulation 15(b) to (h)ofthe Regulations (Article 10 (b)to (h) ofDirective 2004/109/EC);or (c) the holder of financial instruments referred to in Regulation 17(1)of the Regulations (Article 13(1) of Directive 2004/109/EC).
Asthedisclosureofcasesofacting inconcertmayvaryduetothespecificcircumstances(e.g.sameordifferenttotalpositionsofthe parties, entering or exiting of acting in concert by a single party) the standard form does not provide for a specific method how to notify cases of acting in concert.
In relation tothe transactions referredtoinpoints (b)to(h)of Regulation15 of the Regulations (Article10of Directive2004/109/EC), the following list is provided as an indication of the persons who should be mentioned:
in the circumstances foreseen in letter (b) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the natural person or legal entity that acquires the voting rights and is entitled to exercise them under the agreement and the natural person or legal entity who is transferring temporarily for consideration the voting rights;
in the circumstances foreseen in letter (c) of the Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the natural person or legal entity holding the collateral, provided the person or entity controls the voting rights and declares its intention of exercising them, and natural person or legal entity lodging the collateral under these conditions;
in the circumstances foreseen in letter (d) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the natural personorlegalentitywhohasa lifeinterestinsharesifthatpersonorentityisentitledtoexercisethevotingrightsattachedtothe shares and the natural person or legal entity whois disposing of the voting rights when the life interest is created;
in the circumstances foreseen in letter (e) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the controlling natural person or legal entity and, provided it has a notification duty at an individual level under Regulation 14 of the Regulations(Article9ofDirective2004/109/EC),underletters(a)to(d)ofRegulation15oftheRegulations(Article10ofDirective 2004/109/EC) or under a combination of any of those situations, the controlled undertaking;
in the circumstances foreseen in letter (f) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the deposit taker of the shares, if he can exercise the voting rights attached to the shares deposited with him at his discretion, and the depositor of the shares allowing the deposit taker to exercise the voting rights at his discretion;
in the circumstances foreseen in letter (g) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the natural person or legal entity that controls the voting rights;
in the circumstances foreseen in letter (h) of Regulation 15 of the Regulations (Article 10 of Directive 2004/109/EC), the proxy holder, if he can exercise the voting rights at his discretion, and the shareholder who has given his proxy to the proxy holder allowing the latter to exercise the voting rights at his discretion (e.g. management companies).
vApplicable in the cases provided for in Regulation 15(b) to (h) of the Regulations (Article 10 (b) to (h) of Directive 2004/109/EC). This should be the full name of the shareholder who is the counterparty to the natural person or legal entity referred to in Regulation 15 of the Regulations (Article10 Directive 2004/109/EC) unless the percentage ofvoting rights held by the shareholder is lowerthan the lowestnotifiable threshold for the disclosureof voting rights holdings inaccordancewiththe requirements ofthe Regulationsand the Transparency Rules.
viThe date on which threshold is crossed or reached should be the date on which the acquisition or disposal took place or the other reason triggered the notification obligation. For passive crossings, the date when the corporate event took effect.
viiThe total number of voting rights shall be composed of all the shares, including depository receipts representing shares, to which voting rights are attached even if the exercise thereof is suspended.
viiiIftheholding hasfallenbelowthelowestapplicablethresholdinaccordancewiththe Regulations andtheTransparencyRulesthe holder is not obliged to disclose the extent of the holding only that the holding is “below 3%” or “below 5%” as appropriate.
ixIn case of combined holdings of shares with voting rights attached "direct holding" and voting rights "indirect holding", please split the voting rights number and percentage into the direct and indirect columns – if there is no combined holdings, please leave the relevant box blank.
xiiIn case of cash settled instruments the number and percentages of voting rights is to be presented on a delta-adjusted basis (Regulation 17(4) of the Regulations/Article 13(1a) of Directive 2004/109/EC).
xiiiIf the person subject to the notification obligation is either controlled and/or does control another undertaking then the second option applies.
xivThe full chain of controlled undertakings, starting with the ultimate controlling natural person or legal entity, has to be presented also in cases in which only on subsidiary level a threshold is crossed or reached and the subsidiary undertaking discloses the notification, as only thus will the markets get a full picture of the group holdings. In the case of multiple chains through which the voting rights and/or financial instruments are effectively held, the chains have to be presented chain by chain leaving a row free between different chains (e.g.: A, B, C, free row, A, B, D, free row, A, E, F etc.).
xvThe names of controlled undertakings through which the voting rights and/or financial instruments are effectively held have to be presented irrespective of whether the controlled undertakings cross or reach the lowest applicable threshold themselves.