PME African Infrastructure Opps PLC Holding(s) in Company (7189P)

TIDMPMEA

RNS Number : 7189P

PME African Infrastructure Opps PLC

22 February 2016

22 February 2016

PME African Infrastructure Opportunities plc

("PME" or the "Company")

(AIM: PMEA.L)

Holding(s) in Company

PME announced the results of the recent tender offer to acquire up to 38,376,948 ordinary shares of US$0.01 each in the capital of the Company ("Ordinary Shares") at a price of US$0.20 per Ordinary Share on 1 December 2015 (the "Tender Offer").

The Company now announces that it has today been notified that, following the Tender Offer, Qatar Investment Authority ("QIA") now controls, directly or indirectly, 15,443,327 Ordinary Shares - as set out in the table below. This holding represents 37.69% of the Company's issued ordinary share capital.

 
 
                              Number of       % of issued            Number of           % of issued 
                               Ordinary          ordinary             Ordinary        ordinary share 
                           Shares prior     share capital     Shares following     capital following 
   Name                   to the Tender          prior to           the Tender            the Tender 
                                  Offer        the Tender                Offer                 Offer 
                                                    Offer 
---------------------  ----------------  ----------------  -------------------  -------------------- 
 QIA direct interest         25,738,877             33.53           12,869,439                 31.41 
---------------------  ----------------  ----------------  -------------------  -------------------- 
 QIA indirect 
  interest*                   5,147,776              6.71            2,573,888                  6.28 
---------------------  ----------------  ----------------  -------------------  -------------------- 
 Total Ordinary 
  Shares under 
  QIA's control              30,886,653             40.24           15,443,327                 37.69 
---------------------  ----------------  ----------------  -------------------  -------------------- 
 

*Ordinary Shares held by a Governmental entity of the State of Qatar and managed by QIA.

For further information please contact:

 
 Smith & Williamson Corporate Finance Limited 
  Nominated Adviser 
  Azhic Basirov / Ben Jeynes                     [phone] 
 Stifel Nicolaus Europe Limited 
  Broker 
  Neil Winward / Tom Yeadon                      [phone] 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 22, 2016 04:28 ET (09:28 GMT)