Holding(s) in Company

RNS Number : 4572B

JPEL Private Equity Limited

16 June 2016

 

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				JPEL Private Equity Limited
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					ü
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
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Fortress Investment Group LLC (as the ultimate controlling entity of CF JPEL Investor II L.P., the entity which acquired the shares to which voting rights are attached - see 4 below).
4. Full name of shareholder(s)  (if different from 3.):iv		CF JPEL Investor II L.P.
5. Date of the transaction and date on which the threshold is crossed or reached: v		10th June 2016
6. Date on which issuer notified:		15th  June 2016
7. Threshold(s) that is/are crossed or reached: vi, vii		5%

 

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

GB00B07V0H27

12,571,432

12,571,432

20,571,432

20,571,432

6.09

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

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

20,571,432

6.09

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
The acquisition of shares to which voting rights are attached was undertaken by CF JPEL Investor II L.P., an undertaking which is ultimately controlled by Fortress Investment Group LLC.
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:	Figures are based on the total number of voting rights of US$ Equity Shares of 337,945,574.  Inclusive of 30,410,753 2017 ZDP Shares, the percentage of voting rights is 5.58%.
14. Contact name:	Neil Kapoor
15. Contact telephone number:	0207 290 5644

 

END

 

 

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