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INFA Infrastrata Plc

18.125
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Infrastrata Plc LSE:INFA London Ordinary Share GB00BLPJ1272 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 18.125 17.75 18.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Infrastrata PLC Holdings in Company (3052A)

10/09/2018 1:58pm

UK Regulatory


Infrastrata (LSE:INFA)
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TIDMINFA TIDMLGEN

RNS Number : 3052A

Infrastrata PLC

10 September 2018

10 September 2018

InfraStrata plc

("InfraStrata" or the "Company")

Holdings in Company

InfraStrata plc (AIM: INFA), the UK quoted company focused on the development of natural gas storage capacity, announces that the Company's Board has today become aware of a notification of major holdings from Legal & General Group Plc that was sent to the Company on 1 June 2018.

The Standard Form TR-1 for notification of major holdings is reproduced below.

 
 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                                         Infrastrata Plc 
  underlying issuer of existing shares                                   2138001JAP311MVUZ948 
  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 
                                                                                                    --- 
 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                                                 X 
                                                                                                    --- 
 An event changing the breakdown of voting rights 
                                                                                                    --- 
 Other (please specify)(iii) : 
                                                                                                    --- 
 3. Details of person subject to the notification obligation(iv) 
 Name 
                                                                   Legal & General Group Plc (Group) 
 City and country of registered office                              1 Coleman St, London EC2R 5AA 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
 Name 
                                                                   Legal & General Assurance Society 
                                                                                (LGAS) 
                                                             ------------------------------------------ 
 City and country of registered office                              1 Coleman St, London EC2R 5AA 
  (if applicable) 
                                                             ------------------------------------------ 
 5. Date on which the threshold was 
  crossed or reached(vi) :                                                    30 May 2018 
                                                             ------------------------------------------ 
 6. Date on which issuer notified (DD/MM/YYYY): 
                                                                             01 June 2018 
                                                             ------------------------------------------ 
 
   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 
                            to shares (total        instruments             8.B)        rights of 
                                of 8. A)           (total of 8.B                        issuer(vii) 
                                                     1 + 8.B 2) 
                          ------------------  ----------------------  --------------  ----------------- 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                   Below 3%                  -               Below 3%       1,014,124,932. 
                          ------------------  ----------------------  --------------  ----------------- 
 Position of 
  previous notification 
  (if 
  applicable)                    3.57%                   -                 3.57% 
                          ------------------  ----------------------  --------------  ----------------- 
 
 
 
 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(ix)                              % of voting rights 
  shares 
  ISIN code (if 
  possible) 
                          Direct                      Indirect                      Direct                  Indirect 
                    (Art 9 of Directive         (Art 10 of Directive          (Art 9 of Directive     (Art 10 of Directive 
                        2004/109/EC)                2004/109/EC)             2004/109/EC) (DTR5.1)        2004/109/EC) 
                          (DTR5.1)                   (DTR5.2.1)                                            (DTR5.2.1) 
                                           ----------------------------- 
  ORD GBP0.01            Below 3%                        -                         Below 3%                    - 
      (L&G 
     Group) 
                 ------------------------  -----------------------------  -------------------------  --------------------- 
 SUBTOTAL 8. A                           Below 3%                                             Below 3% 
                 -------------------------------------------------------  ------------------------------------------------ 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of          Expiration   Exercise/                            Number of voting                  % of voting 
 financial         date(x)      Conversion Period(xi)                rights that may                   rights 
 instrument                                                          be acquired if 
                                                                     the instrument 
                                                                     is 
                                                                     exercised/converted. 
                 -----------  -----------------------------------  --------------------------------  --------------------- 
 
 
 
                               SUBTOTAL 8. B 1 
                              -----------------------------------  --------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of      Expiration       Exercise/               Physical or              Number of             % of voting 
 financial     date(x)          Conversion              cash                     voting rights         rights 
 instrument                     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(xiv) (please add additional 
  rows as necessary) 
         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 
                            ----------------------  ---------------------  ------------------------ 
      Legal & General              Below 5%                                        Below 5% 
  Group (Direct/Indirect) 
                            ----------------------  ---------------------  ------------------------ 
      Legal & General              Below 5%                                        Below 5% 
   Investment Management 
     (Holdings) Limited 
     (Direct/Indirect) 
                            ----------------------  ---------------------  ------------------------ 
      Legal & General              Below 3%                                        Below 3% 
     Assurance Society 
          (Direct) 
                            ----------------------  ---------------------  ------------------------ 
 
      Legal & General              Below 5%                                        Below 5% 
  Group (Direct/Indirect) 
                            ----------------------  ---------------------  ------------------------ 
      Legal & General              Below 5%                                         Below 5% 
   Investment Management 
     (Holdings) Limited 
     (Direct/Indirect) 
                            ----------------------  ---------------------  -------------------------- 
      Legal & General 
    Assurance (Pensions 
    Management) Limited 
          (Direct)                     0%                                               0% 
                            ----------------------  ---------------------  -------------------------- 
 
      Legal & General              Below 5%                                         Below 5% 
  Group (Direct/Indirect) 
                            ----------------------  ---------------------  -------------------------- 
      Legal & General              Below 5%                                         Below 5% 
   Investment Management 
     (Holdings) Limited 
     (Direct/Indirect) 
                            ----------------------  ---------------------  -------------------------- 
      Legal & General              Below 5%                                         Below 5% 
   Investment Management 
     Limited (Indirect) 
                            ----------------------  ---------------------  -------------------------- 
 
      Legal & General              Below 5%                                         Below 5% 
  Group (Direct/Indirect) 
                            ----------------------  ---------------------  -------------------------- 
      Legal & General              Below 5%                                         Below 5% 
   Investment Management 
     (Holdings) Limited 
     (Direct/Indirect) 
                            ----------------------  ---------------------  -------------------------- 
      Legal & General 
   (Unit Trust Managers) 
     Limited (Indirect)               0%                                               0% 
                            ----------------------  ---------------------  -------------------------- 
 
      Legal & General              Below 5%                                         Below 5% 
  Group (Direct/Indirect) 
                            ----------------------  ---------------------  -------------------------- 
      Legal & General              Below 5%                                         Below 5% 
   Investment Management 
     (Holdings) Limited 
     (Direct/Indirect) 
                            ----------------------  ---------------------  -------------------------- 
     Go ETF Solutions                 0%                                               0% 
                            ----------------------  ---------------------  -------------------------- 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder                                                 N/A 
                                                    ----------------------------------------------- 
 The number and % of voting rights                                        N/A 
  held 
                                                    ----------------------------------------------- 
 The date until which the voting rights                                   N/A 
  will be held 
                                                    ----------------------------------------------- 
 
 11. Additional information(xvi) 
 
                  Notification using the total voting rights figure of 1,014,124,932 
 
 
 
 Place of completion   Brunel House, 2 Fitzalan Road, Cardiff, CF24 0EB 
 Date of completion    01/06/2018 
                      ------------------------------------------------- 
 

For further information, please contact:

 
 InfraStrata plc                                  c/o Yellow Jersey 
  John Wood, Chief Executive                       +44 (0)20 3735 
                                                   8825 
 Allenby Capital Limited (AIM Nominated 
  Adviser & Joint Broker)                         +44 (0)20 3328 
  Jeremy Porter / Alex Brearley / Liz Kirchner     5656 
 SI Capital Limited (Joint Broker)                +44 (0) 20 3871 
  Nick Emerson                                     4038 
 Yellow Jersey                                    +44 (0)20 3735 
  Tim Thomson                                      8825 
 

-ENDS-

Notes to editors:

InfraStrata is an independent gas storage company focused on the UK and Ireland. Further information is available on the Company's website: www.infrastrata.co.uk.

Background on the Islandmagee Storage Project

The Islandmagee gas storage project is a proposed salt cavern gas storage facility located on Islandmagee in County Antrim, Northern Ireland. The Board of InfraStrata believes that the proposed 500 million cubic metres Natural Gas Cavern Storage facility will provide over 25% of the UK's Natural Gas Storage once constructed, and will be situated adjacent to the Scotland Northern Ireland (gas) Pipeline (SNIP) and the Moyle 500 Megawatt Electricity Interconnector. Work commenced in 2007 with the acquisition of 3D seismic data to image the Permian salt in the Larne Lough area. During 2012, planning permission was granted for the project and a gas storage licence was issued by the Utility Regulator. In 2015 a well was drilled to core the salt and confirm the technical feasibility of the project, supported in part by the European Commission. The Front End Engineering and Design (FEED) element of the Project is scheduled for completion by the end of 2018. To date approximately GBP11.5m has been invested in the project.

Further information is available on the company's website: www.infrastrata.co.uk

The Front End Engineering & Design (FEED) and Insitu Downhole Testing programme for the Islandmagee gas storage project is co-financed by the European Union's Connecting Europe Facility.

Disclaimer releasing the European Union from any liability in terms of the content of the dissemination materials:

"The sole responsibility of this publication lies with the author. The European Union is not responsible for any use that may be made of the information contained therein."

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

HOLLLFEFAEIILIT

(END) Dow Jones Newswires

September 10, 2018 08:58 ET (12:58 GMT)

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