MySQUAR Limited Results of shareholder analysis (0999V)

TIDMMYSQ

RNS Number : 0999V

MySQUAR Limited

19 July 2018

19 July 2018

MySQUAR Limited

("MySQUAR" or the "Company")

Results of shareholder analysis

MySQUAR, the Myanmar-language social media, entertainment and payments platform whose principal activity is to design, develop and commercialise Myanmar-focused internet-based mobile applications, announces that, further to the Company's announcement of 25 June 2018 and analysis of depositary interest holdings, the Company is aware of the following significant shareholders, being those with an interest in over 3% of the outstanding share capital of the Company as at 29 May 2018.

 
 Shareholder                       Interest in Ordinary   %ofthe Ordinary   %of interest 
                                    Shares held as         Shares in         in Ordinary 
                                    at 29 May 2018         issue as          Shares in 
                                                           at 29 May         issue based 
                                                           2018              on current 
                                                                             issued share 
                                                                             capital* 
 Rising Dragon Capital Ltd**       41,577,778             6.03              4.81 
                                  ---------------------  ----------------  -------------- 
 Accuro Fund Solutions AG          32,000,000             4.64              3.70 
                                  ---------------------  ----------------  -------------- 
 Bank Julius Baer & Co (Zurich)    25,422,590             3.69              n/a*** 
                                  ---------------------  ----------------  -------------- 
 Atlas Special Opportunities 
  LLC                              23,805,185             3.45              n/a**** 
                                  ---------------------  ----------------  -------------- 
 UBS AG Zurich                     22,878,893             3.32              n/a*** 
                                  ---------------------  ----------------  -------------- 
 Maiden Ventures Global 
  Limited**                        18,417,345             2.67              2.13 
                                  ---------------------  ----------------  -------------- 
 Xieng Hom Holdings Limited**      18,417,345             2.67              2.13 
                                  ---------------------  ----------------  -------------- 
 Zip Capital Management**          6,123,783              0.89              0.71 
                                  ---------------------  ----------------  -------------- 
 Rising Dragon Holdings 
  PTE LTD**                        9,732                  0.00              0.00 
                                  ---------------------  ----------------  -------------- 
 

* this illustrative figure reflects the recent increase in share capital to 864,346,128 ordinary shares as at 18 July 2018 (from 689,141,265 as at 29 May 2018) and after the cancellation of previously issued Direction Notices noted below, but reflects the holders interest as at 29 May 2018.

** entities controlled by Mr. S. Kumizawa giving Mr. Kumizawa an aggregate interest in 84,545,983 ordinary shares representing 12.3% of the shares in issue as at 29 May 2018

*** below disclosure threshold

**** further to the announcement of 15 June 2018, as at 30 May 2018, Atlas Special Opportunities LLC ceased to own a disclosable holding

Direction Notices

The Company will shortly be issuing notices to certain registered holders of depositary interests representing an aggregate 122,193,130 ordinary shares in the Company (approximately 14.1 per cent of the current issued share capital) ("Restricted Holders") cancelling the voting restrictions previously placed on Restricted Holders as set out in the Company's announcement of 25 June 2018.

Total Voting Rights

As of 18 July 2018 the Company's issued share capital comprises 864,346,128ordinary shares of no par value each with one vote, none of which are held in treasury.

The above figure of 864,346,128may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company in accordance with the Company's Memorandum and Articles of Association.

Market Abuse Regulation (MAR) Disclosure

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

For further information:

 
MySQUAR Limited 
Eric Schaer (Chief Executive)     Tel: [phone] 
 
SP Angel Corporate Finance 
 LLP 
Nominated Adviser & Joint         Tel: [phone] 
 Broker                            0470 
Stuart Gledhill / Soltan Tagiev 
 
Daniel Stewart and Company 
 Plc 
Joint Broker                      Tel: [phone] 
                                   6550 
David Lawman/Jon Levinson/Daphne 
Zhang 
 
Public Relations                   Tel: [phone] 
                                    0758 
Damien McCrystal                  [e-mail] 
 

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 [e-mail] or visit www.rns.com.

END

MSCGXGDRXXBBGIC

(END) Dow Jones Newswires

July 19, 2018 02:00 ET (06:00 GMT)