Holding(s) in Company

RNS Number : 6013J
Xtract Resources plc
29 June 2017
 

 

 

 

For immediate release

 29 June 2017

Xtract Resources Plc

("Xtract" or the "Company")

Holdings in Company

 

The Board of Xtract announces that the Company has received the following TR-1 notification which is set out below without amendment.

 

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

Xtract Resources 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


An event changing the breakdown of voting rights


Other (please specify):



3. Full name of person(s) subject to the
notification obligation:
iii

1Yorkville Advisors Global II, LLC

2 Yorkville Advisors Global, LP

3 YA II PN, Ltd.

4 YA Global II SPV, LLC

4. Full name of shareholder(s)
 (if different from 3.):iv

Jarvis Investment Management Ltd

(Registered Holder)

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

June 12, 2017

6. Date on which issuer notified:

June 27, 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

 

 

 

Ordinary Shares

5,600,135

5,600,135


4,100,135


2.38%




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

4,100,135

2.38%

 

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

Yorkville Advisors Global II, LLC is the general partner, and controlling person, of Yorkville Advisors Global, LP, which is the investment manager of YA II PN, Ltd. (which entity was formerly known as YA Global Master SPV, Ltd.).

 


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:



14. Contact name:

Troy Rillo

15. Contact telephone number:

001.908.906.5127

 

 

Enquiries:

Xtract Resources Plc

Colin Bird, Executive Chairman

 

+44 (0)203 416 6471

 

Beaumont Cornish

Michael Cornish

Felicity Geidt

+44 (0)207 628 3369


Email: corpfin@b-cornish.co.uk

 


Beaufort Securities

Jon Belliss

 

+44 (0)207 382 8300

ENDS


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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