JPEL Private Equity Limited Holding(s) in Company (0072X)

TIDMJPEL

RNS Number : 0072X

JPEL Private Equity Limited

20 November 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the underlying                          JPEL Private Equity Limited 
  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) subject                                               ASSET VALUE INVESTORS LTD 
  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 and date                                                      15/11/17 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
-----------------------------------------------------------------  ----------------------------------------------------- 
 6. Date on which issuer notified:                                                        20/11/17 
-----------------------------------------------------------------  ----------------------------------------------------- 
 7. Threshold(s) that is/are crossed                                                     Above 17% 
  or 
  reached: (vi, vii) 
-----------------------------------------------------------------  ----------------------------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
----------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                            Resulting situation after the triggering 
 of              to the triggering                             transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  --------------------------------------------  ---------------------------------------------------------------- 
                Number                      Number            Number         Number of voting        % of voting rights 
                 of                          of               of shares       rights                  (x) 
                 Shares                      Voting 
                                             Rights 
-------------  --------------------------  ----------------  -------------  ----------------------  ------------------------- 
                                                              Direct         Direct     Indirect     Direct        Indirect 
                                                                             (xi)        (xii) 
-------------      ---------  -----------      ------------  -------------  ---------  -----------  ------------  ----------- 
 
 GG00BYWVH414 
  Total                44,707,892             44,707,892       45,588,852               45,588,852                   17.29% 
-------------  --------------------------  ----------------  -------------  ---------  -----------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration                Exercise/                        Number of voting          % of voting 
 financial           date (xiii)               Conversion Period                rights that may           rights 
 instrument                                    (xiv)                            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 (xvii)      Conversion                   rights instrument         rights (xix, 
 instrument                                      period                       refers to                 xx) 
                                                 (xviii) 
---------------  -----------  ---------------  ---------------------------  ------------------------  ----------------------- 
                                                                                                       Nominal       Delta 
---------------  -----------  ---------------  ---------------------------  ------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  -------------------------------------------------------------- 
 
 45,588,852                                                                             17.29% 
-------------------------------------------------------------  -------------------------------------------------------------- 
 
 
 
 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 as discretionary 
  13. Additional information:                                            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

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November 20, 2017 09:59 ET (14:59 GMT)