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FADL Fadel Partners Inc.

142.50
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Fadel Partners Inc. LSE:FADL London Ordinary Share COM STK USD0.001 (DI) REGS CAT 3/144A
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 142.50 140.00 145.00 142.50 142.50 142.50 0.00 08:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Prepackaged Software 13.18M -3.5M -0.1732 -8.23 28.77M

Fadel Partners Inc. Change of Investment Manager/ Holdings in Company (7966W)

20/04/2023 7:00am

UK Regulatory


Fadel Partners (LSE:FADL)
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TIDMFADL

RNS Number : 7966W

Fadel Partners Inc.

20 April 2023

20 April 2023

Fadel Partners, Inc.

('FADEL', the 'Company' or, together with its subsidiaries, the 'Group')

Change of Investment Manager/ Holdings in Company

Fadel Partners, Inc., a brand compliance, rights and royalty management software provider, announces that on 18 April 2023 the Company was notified that effective from 18 April 2023 the investment manager agreement ("Investment Manager") for the common shares held by Impact Fund by MEVP Holding SAL ("Impact Fund") has transferred to Capital PE Holding SAL ("Capital PE").

The Investment Manager's obligations under the relationship and lock in agreements, as documented in the Company's Admission Document dated 2 April 2023 will transfer to Capital PE.

For further information please contact:

 
Tarek Fadel, Chief Executive Officer                 Via Alma PR 
 Vicary Gibbs, Chief Financial Officer 
 
finnCap Limited (Nomad & Broker)                   020 7220 0500 
Jonny-Franklin Adams, Emily Watts, Abigail 
 Kelly, Milesh Hindocha (Corporate Finance) 
Tim Redfern, Sunila De Silva (ECM) 
 
Alma PR                                       Tel: +44(0)20 3405 
                                                            0205 
Josh Royston                                  fadel@almapr.co.uk 
Andy Bryant 
Matthew Young 
 

About FADEL Partners Inc.

FADEL is a developer of cloud based brand compliance and rights and royalty management software, working with some of the world's leading licensors and licensees across media, entertainment, publishing, consumer brands and hi-tech/gaming companies. The Group combines the power of rights management and content compliance with sophisticated content services, AI-powered visual search and image and video recognition.

FADEL has two solutions, being IPM Suite (rights and royalty management for publishers and licensing) and Brand Vision (an integrated platform for Brand Compliance & Monitoring that includes Content Services, Digital Rights Management, AI-Powered Content Tracking, a Brand Monitor, and 100 million Ready-to-License Images).

The Group's main country of operation is the United States, where it is headquartered in New York, with further operations in the UK, Lebanon, France, Canada and India. Founded in 2003 by Tarek Fadel (Chief Executive Officer), FADEL has since grown to a team of 116 full time employees, plus an additional pool of c.50-60 contractors.

For more information please visit the Group's website at: www.fadel.com .

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible) (i) 
 
 1a. Identity of the issuer or the                                       Fadel Partners, Inc. 
  underlying issuer of existing shares 
  to which voting rights are attached 
  (ii) : 
                                                             -------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer                                                                                         X 
                                                                                                     ---- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights 
                                                                                                     ---- 
 An acquisition or disposal of financial instruments 
                                                                                                     ---- 
 An event changing the breakdown of voting rights 
                                                                                                     ---- 
 Other (please specify) (iii) :                                                                        X 
                                                                                                     ---- 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                         Capital PE Holding SAL 
 City and country of registered office                        Lebanon 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name                                                         Impact Fund by MEVP Holding SAL 
                                                             -------------------------------------------- 
 City and country of registered office                        Lebanon 
  (if applicable) 
                                                             -------------------------------------------- 
 5. Date on which the threshold was                           18/04/23 
  crossed or reached (vi) : 
                                                             -------------------------------------------- 
 6. Date on which issuer notified                             18/04/23 
  (DD/MM/YYYY): 
                                                             -------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                              % of voting       % of voting rights    Total of both   Total number 
                            rights attached      through financial     in % (8.A +     of voting rights 
                            to shares (total        instruments            8.B)        held in issuer 
                                of 8. A)           (total of 8.B                       (8.A + 8.B) 
                                                    1 + 8.B 2)                         (vii) 
                          ------------------  ---------------------  --------------  -------------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached               29.0                                       29.0            5,796,821 
                          ------------------  ---------------------  --------------  -------------------- 
 Position of 
  previous notification 
  (if 
  applicable)              29.0 
                          ------------------  ---------------------  --------------  -------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of             Number of voting rights                       % of voting rights 
  shares                    (ix) 
  ISIN code (if 
  possible) 
                          --------------------------------------------  -------------------------------------- 
                                  Direct                Indirect               Direct             Indirect 
                                 (DTR5.1)              (DTR5.2.1)              (DTR5.1)           (DTR5.2.1) 
                          ---------------------  ---------------------  --------------------  ---------------- 
 USU3033R1024                                     5,796,821                                    29.0 
                          ---------------------  ---------------------  --------------------  ---------------- 
 
 
 SUBTOTAL 8. 
  A                                         5,796,821                                    29.0 
                          --------------------------------------------  -------------------------------------- 
 
 B 1: Financial Instruments according to DTR5.3.1R (1) (a) 
 Type of financial         Expiration   Exercise/                  Number of voting            % of voting 
  instrument                date         Conversion Period          rights that may             rights 
                            (x)          (xi)                       be acquired if 
                                                                    the instrument 
                                                                    is 
                                                                    exercised/converted. 
                          -----------  -------------------------  --------------------------  ---------------- 
 
 
 
                                        SUBTOTAL 8. B 
                                         1 
                          -----------  -------------------------  --------------------------  ---------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  DTR5.3.1R (1) (b) 
 Type of financial    Expiration        Exercise/         Physical           Number of         % of voting 
  instrument           date (x)          Conversion        or cash            voting rights     rights 
                                         Period (xi)       Settlement 
                                                           (xii) 
                     ----------------  ----------------  -----------------  ----------------  ---------------- 
 
 
 
                                                          SUBTOTAL 
                                                           8.B.2 
 ------------------------------------  ----------------  -----------------  ----------------  ---------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer (xiii) 
 Full chain of controlled undertakings through which the voting rights                       X 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity (please add additional 
  rows as necessary) (xiv) 
       Name (xv)          % of voting rights      % of voting rights       Total of both if 
                            if it equals or        through financial        it equals or is 
                           is higher than the      instruments if it        higher than the 
                          notifiable threshold    equals or is higher     notifiable threshold 
                                                  than the notifiable 
                                                       threshold 
                        ----------------------  ---------------------  ------------------------ 
 Capital PE Holding 
  SAL                    29.0                                           29.0 
                        ----------------------  ---------------------  ------------------------ 
 MEVP Lebanon Holding 
  SAL                    29.0                                           29.0 
                        ----------------------  ---------------------  ------------------------ 
 
 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder 
                                                ----------------------------------------------- 
 The number and % of voting rights 
  held 
                                                ----------------------------------------------- 
 The date until which the voting rights 
  will be held 
                                                ----------------------------------------------- 
 
 11. Additional information (xvi) 
 Change of investment manager 
 
 
 
 Place of completion   Beirut, Lebanon 
 Date of completion    18/04/23 
                      ---------------- 
 

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END

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April 20, 2023 02:00 ET (06:00 GMT)

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