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PGR Phoenix Global Resources Plc

6.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Phoenix Global Resources Plc LSE:PGR London Ordinary Share GB00B7LHJ340 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.50 5.00 8.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Phoenix Global Resources PLC NOTIFICATION OF MAJOR HOLDINGS (3305A)

11/09/2018 7:01am

UK Regulatory


TIDMPGR

RNS Number : 3305A

Phoenix Global Resources PLC

11 September 2018

TR-1: Standard form for notification of major holdings

 
 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                                    Phoenix Global Resources plc 
  underlying issuer of existing shares 
  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                                                             X 
                                                                                                       ---- 
 An acquisition or disposal of financial instruments 
                                                                                                       ---- 
 An event changing the breakdown of voting rights 
                                                                                                       ---- 
 Other (please specify)(iii) : 
                                                                                                       ---- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                        Mercuria Energy Group Holding Ltd 
 City and country of registered office                       Larnaca, Cyprus 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
 Name                                                        1) Upstream Capital Partners VI Ltd 
                                                              2) Mercuria Energy Netherlands B.V. 
                                                              3) Mercuria Asset Holding (Hong Kong) 
                                                              Limited 4) Mercuria Energy Asset 
                                                              Management B.V. 
                                                            ----------------------------------------------- 
 City and country of registered office                       1) Larnaca, Cypus 
  (if applicable)                                             2) Utrecht, Netherlands 
                                                              3) Hong Kong, China 
                                                              4) Utrecht, Netherlands 
                                                            ----------------------------------------------- 
 5. Date on which the threshold was                          07/09/2018 
  crossed or reached(vi) : 
                                                            ----------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):              10/09/2018 
                                                            ----------------------------------------------- 
 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 rights 
                           to shares (total        instruments             8.B)          of issuer(vii) 
                               of 8. A)           (total of 8.B 
                                                   1 + 8.B 2) 
                         ------------------  ---------------------  -----------------  -------------------- 
 Resulting situation      73.841%             10.531%                84.372%            3,099,573,243 
  on the date 
  on which threshold 
  was crossed 
  or reached 
                           (Post dilution)     (Post dilution)        (Post dilution)    (Post dilution) 
                         ------------------  ---------------------  -----------------  -------------------- 
 Position of              72.574%             10.531%                83.105% 
  previous notification 
  (if 
  applicable)              (Post dilution)     (Post dilution)        (Post dilution) 
                         ------------------  ---------------------  -----------------  -------------------- 
 
 
 
 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) 
                                             ------------------------------ 
 GB00B7LHJ340        0                        2,288,764,223                   0%                         73.841% 
                    -----------------------  ------------------------------  -------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                           2,288,764,223                                            73.841% 
                    -------------------------------------------------------  ------------------------------------------------ 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of financial   Expiration   Exercise/                             Number of voting                 % of voting 
  instrument          date(x)      Conversion Period(xi)                 rights that may                  rights 
                                                                         be acquired if 
                                                                         the instrument 
                                                                         is 
                                                                         exercised/converted. 
                    -----------  ------------------------------------  -------------------------------  ----------------------- 
 Warrants            Various      Various                               42,275,868                       1.364% 
                    -----------  ------------------------------------  -------------------------------  ----------------------- 
 Convertible loan    15/12/2022   30/06/2018 to 15/12/2022              284,141,436                      9.167% 
                    -----------  ------------------------------------  -------------------------------  ----------------------- 
 
                                  SUBTOTAL 8. B 1                       326,417,304                      10.531% 
                                 ------------------------------------  -------------------------------  ----------------------- 
 
 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 
                          ----------------------  ---------------------  ------------------------ 
 Mercuria Energy 
  Group Ltd                73.841%                 10.531%                84.372% 
                          ----------------------  ---------------------  ------------------------ 
 Upstream Capital 
  Partners VI Ltd          62.093%                 1.317%                 63.410% 
                          ----------------------  ---------------------  ------------------------ 
 Mercuria Energy 
  Netherlands B.V.         0.00%                   9.167%                 9.167% 
                          ----------------------  ---------------------  ------------------------ 
 Mercuria Asset Holding 
  (Hong Kong) Limited      9.677%                  0.000%                 9.677% 
                          ----------------------  ---------------------  ------------------------ 
 Mercuria Energy 
  Asset Management 
  B.V.                     2.071%                  0.047%                 2.118% 
                          ----------------------  ---------------------  ------------------------ 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder 
                                                  ----------------------------------------------- 
 The number and % of voting rights 
  held 
                                                  ----------------------------------------------- 
 The date until which the voting rights 
  will be held 
                                                  ----------------------------------------------- 
 
 11. Additional information(xvi) 
 
 
 
 
 Place of completion   London, UK 
 Date of completion    10/09/2018 
                      ----------- 
 

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

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September 11, 2018 02:01 ET (06:01 GMT)

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