Challenger Acquisitions Limited Holding(s) in Company (3390C)

TIDMCHAL

RNS Number : 3390C

Challenger Acquisitions Limited

12 April 2017

 
 For filings with the FCA 
  include the annex 
 For filings with issuer exclude 
  the annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                          Challenger Acquisitions 
  the underlying issuer                                                                Limited 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------  --------------------------------- 
 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)                                       (1) Yorkville Advisors Global 
  subject to the                                                                       II, LLC 
  notification obligation:                                      (2) Yorkville Advisors Global, 
  (iii)                                                                                     LP 
                                                                            (3) YA II PN, Ltd. 
-----------------------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s)                                   Jarvis Investment Management 
  (if different from 3.):(iv)                                                              Ltd 
                                                                           (Registered Holder) 
-----------------------------------------------------------  --------------------------------- 
 5. Date of the transaction                                                     April 11, 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                                        April 11, 2017 
  notified: 
-----------------------------------------------------------  --------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                   20.00 % 
-----------------------------------------------------------  --------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Class/type               Situation previous                                 Resulting situation after the 
  of                       to the triggering                                  triggering transaction 
  shares                   transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-----------------------  -------------------------------------------------  --------------------------------------------------------------------------------------------------------------- 
                          Number                    Number                   Number                  Number of voting                         % of voting 
                           of                        of                       of shares               rights                                   rights (x) 
                           Shares                    Voting 
                                                     Rights 
-----------------------  ------------------------  -----------------------  ----------------------  ---------------------------------------  ---------------------------------------------- 
                                                                             Direct                  Direct             Indirect              Direct                Indirect 
                                                                                                     (xi)                (xii) 
-----------------------      --------------------    -------------------    ----------------------  -----------------  --------------------  --------------------  ------------------------ 
 
 
 
   Ordinary 
   Shares                        9,053,303                9,053,303                                                                                        22.68% 
                         ------------------------  -----------------------  ----------------------  -----------------  --------------------  --------------------  ------------------------ 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Type of financial            Expiration              Exercise/                                        Number of voting                           % of voting 
  instrument                   date                    Conversion                                       rights that                                rights 
                               (xiii)                  Period (xiv)                                     may be 
                                                                                                        acquired if 
                                                                                                        the 
                                                                                                        instrument 
                                                                                                        is 
                                                                                                        exercised/ 
                                                                                                        converted. 
---------------------------  ----------------------  -----------------------------------------------  -----------------------------------------  ------------------------------------------ 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Type of financial          Exercise                Expiration             Exercise/                 Number of voting                           % of voting 
  instrument                 price                  date                   Conversion                 rights instrument                          rights (xix, 
                                                    (xvii)                 period                     refers to                                  xx) 
                                                                           (xviii) 
-------------------------  ----------------------  ---------------------  ------------------------  -----------------------------------------  -------------------------------------------- 
                                                                                                                                                Nominal               Delta 
-------------------------  ----------------------  ---------------------  ------------------------  -----------------------------------------  --------------------  ---------------------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                                       Percentage of voting rights 
----------------------------------------------------------------------------  ------------------------------------------------------------------------------------------------------------- 
 9,053,303                                                                     22.68% 
----------------------------------------------------------------------------  ------------------------------------------------------------------------------------------------------------- 
 
 
 
 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 
------------------------------------------------------------  ------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 12, 2017 06:44 ET (10:44 GMT)