JPEL Private Equity Limited Holding(s) in Company (6010G)

TIDMJPEL

RNS Number : 6010G

JPEL Private Equity Limited

30 May 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                             JPEL Private Equity Limited 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-------------------------------------------------------  ------------------------------------ 
 
 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)                                    ASSET VALUE INVESTORS LTD 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------  -------------------------------------- 
 4. Full name of shareholder(s)                                 1. Chase Nominees - 11429 
  (if different from 3.):(iv)                                   2. Brown Brothers Harriman 
                                                                       a/c - 6392013 
-----------------------------------------------------  -------------------------------------- 
 5. Date of the transaction                                           26/05/17 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------  -------------------------------------- 
 6. Date on which issuer                                              30/05/17 
  notified: 
-----------------------------------------------------  -------------------------------------- 
 7. Threshold(s) that is/are                                          Above 15% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------  -------------------------------------- 
 
 
 
 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) 
-------------      ---------  -----------      ------------  -------------  ---------  -----------  ------------  ----------- 
 
 GG00BYWVH414 
  Total                43,138,654             43,138,654       44,227,892               44,227,892                   15.04% 
-------------  --------------------------  ----------------  -------------  ---------  -----------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration                Exercise/                        Number of voting          % of voting 
 financial           date                      Conversion                       rights that               rights 
 instrument          (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          Exercise     Expiration       Exercise/                    Number of voting          % of voting 
 financial        price         date             Conversion                   rights instrument         rights (xix, 
 instrument                     (xvii)           period                       refers to                 xx) 
                                                 (xviii) 
---------------  -----------  ---------------  ---------------------------  ------------------------  ----------------------- 
                                                                                                       Nominal       Delta 
---------------  -----------  ---------------  ---------------------------  ------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  -------------------------------------------------------------- 
 
 44,227,892                                                                             15.04% 
-------------------------------------------------------------  -------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------------------------- 
 
 
 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: 
-------------------------------------------------------------  ------------------------------- 
 
                                                                Asset Value Investors acts 
  13. Additional information:                                   as discretionary fund manager 
                                                                for all shares mentioned 
                                                                in item 8. 
-------------------------------------------------------------  ------------------------------- 
 14. Contact name:                                              Asset Value Investors Limited 
                                                                 Jake Crowhurst 
-------------------------------------------------------------  ------------------------------- 
 15. Contact telephone number:                                  0207 659 4800 
-------------------------------------------------------------  ------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 30, 2017 11:34 ET (15:34 GMT)