REG - Fadel Partners Inc. - Change of Investment Manager/ Holdings in Company

Fadel PartnersAnnouncement

20/04/2023 07:00

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RNS Number : 7966W  Fadel Partners Inc.  20 April 2023

20 April 2023

Fadel Partners, Inc.

('FADEL', the 'Company' or, together with its subsidiaries, the 'Group')

Change of Investment Manager/ Holdings in Company

Fadel Partners, Inc., a brand compliance, rights and royalty management
software provider, announces that on 18 April 2023 the Company was notified
that effective from 18 April 2023 the investment manager agreement
("Investment Manager") for the common shares held by Impact Fund by MEVP
Holding SAL ("Impact Fund") has transferred to Capital PE Holding SAL
("Capital PE").

The Investment Manager's obligations under the relationship and lock in
agreements, as documented in the Company's Admission Document dated 2 April
2023 will transfer to Capital PE.

 

For further information please contact:

 Tarek Fadel, Chief Executive Officer                                          Via Alma PR

 Vicary Gibbs, Chief Financial Officer

 finnCap Limited (Nomad & Broker)                                              020 7220 0500
 Jonny-Franklin Adams, Emily Watts, Abigail Kelly, Milesh Hindocha (Corporate
 Finance)
 Tim Redfern, Sunila De Silva (ECM)

 Alma PR                                                                       Tel: +44(0)20 3405 0205
 Josh Royston                                                                  fadel@almapr.co.uk
 Andy Bryant
 Matthew Young

 

About FADEL Partners Inc.

FADEL is a developer of cloud based brand compliance and rights and royalty
management software, working with some of the world's leading licensors and
licensees across media, entertainment, publishing, consumer brands and
hi-tech/gaming companies. The Group combines the power of rights management
and content compliance with sophisticated content services, AI-powered visual
search and image and video recognition.

FADEL has two solutions, being IPM Suite (rights and royalty management for
publishers and licensing) and Brand Vision (an integrated platform for Brand
Compliance & Monitoring that includes Content Services, Digital Rights
Management, AI-Powered Content Tracking, a Brand Monitor, and 100 million
Ready-to-License Images).

The Group's main country of operation is the United States, where it is
headquartered in New York, with further operations in the UK, Lebanon, France,
Canada and India. Founded in 2003 by Tarek Fadel (Chief Executive Officer),
FADEL has since grown to a team of 116 full time employees, plus an additional
pool of c.50-60 contractors.

For more information please visit the Group's website at: www.fadel.com
(http://www.fadel.com) .

 

 

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 underlying issuer of existing shares to                                                                                    Fadel Partners, Inc.
 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                                                                                                                                                                                                                                             X
 2. Reason for the notification (please mark the appropriate box or boxes with
 an "X")
 An acquisition or disposal of voting rights
 An acquisition or disposal of financial instruments
 An event changing the breakdown of voting rights
 Other (please specify) (iii):                                                                                                                                                                                                                             X
 3. Details of person subject to the notification obligation (iv)
 Name                                                                                                                                                         Capital PE Holding SAL
 City and country of registered office (if applicable)                                                                                                        Lebanon
 4. Full name of shareholder(s) (if different from 3.) (v)
 Name                                                                                                                                                         Impact Fund by MEVP Holding SAL
 City and country of registered office (if applicable)                                                                                                        Lebanon
 5. Date on which the threshold was crossed or reached (vi):                                                                                                  18/04/23
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                               18/04/23
 7. Total positions of person(s) subject to the notification obligation
                                                                            % of voting rights attached to shares (total of 8. A)  % of voting rights through financial instruments      Total of both in % (8.A + 8.B)  Total number of voting rights held in issuer (8.A + 8.B) (vii)

(total of 8.B 1 + 8.B 2)
 Resulting situation on the date on which threshold was crossed or reached  29.0                                                                                                         29.0                            5,796,821
 Position of previous notification (if                                      29.0

 applicable)

 

 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

                                                (DTR5.1)                   (DTR5.2.1)                                     (DTR5.1)                                         (DTR5.2.1)
 USU3033R1024                                                             5,796,821                                                                                        29.0

 SUBTOTAL 8. A                                  5,796,821                                                                 29.0

 B 1: Financial Instruments according to DTR5.3.1R (1) (a)
 Type of financial instrument                   Expiration  Exercise/                             Number of voting rights that may be acquired if the instrument is        % of voting rights

date (x)
Conversion Period (xi)

                                                                                                  exercised/converted.

                                                            SUBTOTAL 8. B 1

 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R
 (1) (b)
 Type of financial instrument  Expiration                   Exercise/                   Physical or cash                                          Number of voting rights  % of voting rights

date (x)
Conversion 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 and/or                                                                                                                                             X
 the

financial instruments are effectively held starting with the ultimate
 controlling natural person or legal entity (please add additional rows as
 necessary) (xiv)
 Name (xv)                   % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial instruments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold
                                                                                                         than the notifiable threshold
 Capital PE Holding SAL      29.0                                                                                                                                                    29.0
 MEVP Lebanon Holding SAL    29.0                                                                                                                                                    29.0

 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)
 Change of investment manager

 

 Place of completion  Beirut, Lebanon
 Date of completion   18/04/23

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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