Petro Matad Limited Holding(s) in Company (4205Q)

TIDMMATD

RNS Number : 4205Q

Petro Matad Limited

11 September 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                       Petro Matad Limited 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------  --------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
---------------------------------------------------------------------------------------------- 
 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)                                      Bergen Asset Management, LLC 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s)                               BNP Paribas Securities Services 
  (if different from 3.):(iv)                                  as Custodian for Bergen Global 
                                                                    Opportunity Fund, LP. 
-----------------------------------------------------------  --------------------------------- 
 5. Date of the transaction                                           7 September 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                             11 September 2017 
  notified: 
-----------------------------------------------------------  --------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                     3%, 4%, 5% 
-----------------------------------------------------------  --------------------------------- 
 
 
 
 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          rights                 rights (x) 
               Shares          Voting                         shares 
                               Rights 
------------  --------------  -----------------------------  ---------  ---------------------  ------------------- 
                                                              Direct     Direct    Indirect     Direct    Indirect 
                                                                          (xi)      (xii) 
------------    ------------    ------------  -------------  ---------  --------  -----------  --------  --------- 
 
  Below           Below 
   3%              3%                                                              16,784,344             5.04% 
 --------------  -----------------------------  ---------  ---------------------  -----------  --------  --------- 
 
 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 
------------------------------------------------------------  ---------------------------------------------------- 
 
   16,784,344                                                    5.04% 
------------------------------------------------------------  ---------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------- 
 
   Bergen Asset Management, LLC is ultimately controlled 
   by Mr. Eugene Tablis 
 
 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: 
-------------------------------------------------------------  -------------------- 
 
 
  13. Additional information: 
-------------------------------------------------------------  -------------------- 
 14. Contact name:                                              Cory Burns, CFO/COO 
-------------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                  [phone] 
-------------------------------------------------------------  -------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 11, 2017 12:00 ET (16:00 GMT)