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REG - Jadestone Energy PLC - Holding(s) in Company

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RNS Number : 9218M  Jadestone Energy PLC  16 June 2025

TR-1: Notification of Major Holdings

 

16 June 2025 - Singapore: Jadestone Energy plc (AIM:JSE) (the "Company" and
together with its subsidiaries, "Jadestone" or the "Group"), an independent
upstream production and development company focused on the Asia-Pacific
region, announces that it has been notified that Tyrus Capital, S.A.M, has
increased its shareholding in the Company from 26.59% to 27.42%.

 

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
 which voting rights are at- tached ii:

                                                                            Jadestone Energy Plc
 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                                                                       Tyrus Capital, S.A.M
 City and country of registered office (if applicable)                      Monaco
 4. Full name of shareholder(s) (if different from 3.) v
                                                                            Tyrus Capital Special Situations Master Fund Sarl, SICAV-RAIF, TC Six Limited,

                                                                          TC Special Private Equity Opportunities IV Limited
 Name
 City and country of registered office (if applicable)                      Grand Cayman, Cayman Islands (for TC Six Limited and TC Special Private Equity
                                                                            Opportunities IV Limited) and Luxembourg (for Tyrus Capital Special Situations
                                                                            Master Fund Sarl, SICAV-RAIF)

 

 

 5. Date on which the threshold was crossed or reached vi:                                                                                 11 June 2025
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                            13 June 2025
 7. Total positions of person(s) subject to the notification obligation
                                                    % of voting rights at- tached to shares (to- tal of 8. A)  % of voting rights through financial instru- ments                                       Total number of voting rights held

                                                                                                               (total of 8.B 1 + 8.B 2)                                Total of both in % (8.A + 8.B)   in issuer (8.A + 8.B) vii
 Resulting situation on the date on which

 threshold was crossed or reached                   27.41518%                                                  0.00000%                                                27.41518%                        148,346,519
 Position of previous notification (if applicable)

                                                    26.59383%                                                  0.00000%                                                26.59383%

 

 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 shares            Number of voting rights ix                                                                % of voting rights

 ISIN code (if possible)
                                                    Direct                              Indirect                                                              Direct               I

                    n
                                                    (DTR5.1)                            (DTR5.2.1)                                                            (DTR5.1)             d
                                                                                                                                                                                   i
                                                                                                                                                                                   r
                                                                                                                                                                                   e
                                                                                                                                                                                   c
                                                                                                                                                                                   t

                                                                                                                                                                                   (
                                                                                                                                                                                   D
                                                                                                                                                                                   T
                                                                                                                                                                                   R
                                                                                                                                                                                   5
                                                                                                                                                                                   .
                                                                                                                                                                                   2
                                                                                                                                                                                   .
                                                                                                                                                                                   1
                                                                                                                                                                                   )
 GB00BLR71299                    0                                    148,346,519                                          0.00000%                           27.41518%

 SUBTOTAL 8. A                   148,346,519                                                                               27.41518%

 B 1: Financial Instruments according to DTR5.3.1R (1) (a)
 Type of financial in- strument  Expiration date x  Exercise/ Conversion Period xi      Number of voting rights that may be acquired if the instrument is

                                                                                        exercised/converted.                                                  % of voting rights

                                                  SUBTOTAL 8. B 1

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

                                                  Conversion Pe- riod xi   cash Settlement xii                                % of voting rights

                                                                           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
 the

 financial instruments are effectively held starting with the ultimate
 controlling natural person or legal entity (please add additional rows as
 necessary) (xiv)
                       % of voting rights if it equals or is higher than the notifiable threshold  % of voting rights through financial in- struments if it equals or is higher  Total of both if it equals or is higher than the notifiable threshold

                                                                                                 than the notifiable threshold

 Name xv

 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, United Kingdom
 Date of completion   12 June 2025

 

 

-ends-

 

For further information, please contact:

 

 Jadestone Energy plc
 Phil Corbett, Head of Investor Relations              +44 (0) 7713 687467 (UK)
                                                       ir@jadestone-energy.com (mailto:ir@jadestone-energy.com)

 Stifel Nicolaus Europe Limited (Nomad, Joint Broker)  +44 (0) 20 7710 7600 (UK)
 Callum Stewart
 Jason Grossman
 Ashton Clanfield

 Berenberg (Joint Broker)                              +44 (0) 20 3757 4980 (UK)
 Ciaran Walsh
 Dan Gee-Summons
 Yasmina Benchekroun

 Camarco (Public Relations Advisor)                    +44 (0) 203 757 4980 (UK)
 Billy Clegg                                           jse@camarco.co.uk (mailto:jse@camarco.co.uk)
 Georgia Edmonds
 Elfie Kent

 

About Jadestone Energy

 

Jadestone Energy plc is an independent upstream company focused on the
Asia-Pacific region. It has a balanced and increasingly diversified portfolio
of production and development assets in Australia, Malaysia, Indonesia and
Vietnam, all stable jurisdictions with a positive upstream investment climate.

 

The Company is pursuing a strategy to grow and diversify the Company's
production base both organically, through developments such as Nam Du/U Minh
in Vietnam and the Puteri Cluster offshore Malaysia, as well as through
acquisitions that fit within Jadestone's financial framework and play to the
Company's strengths in managing maturing oil assets. Jadestone delivers value
in its acquisition strategy by enhancing returns through operating
efficiencies, cost reductions and increased production through further
investment.

 

Jadestone is a responsible operator and well positioned for the energy
transition through its increasing gas production, by maximising recovery from
existing brownfield developments and through its Net Zero pledge on Scope 1
& 2 GHG emissions from operated assets by 2040. This strategy is aligned
with the IEA Net Zero by 2050 scenario, which stresses the necessity of
continued investment in existing upstream assets to avoid an energy crisis and
meet demand for oil and gas through the energy transition.

 

Jadestone Energy plc (LEI: 21380076GWJ8XDYKVQ37) is listed on the AIM market
of the London Stock Exchange (AIM: JSE).  The Company is headquartered in
Singapore.  For further information on the Company please visit
www.jadestone-energy.com (http://www.jadestone-energy.com) .

 

The information contained within this announcement is considered to be inside
information prior to its release, as defined in Article 7 of the Market Abuse
Regulation No. 596/2014 which is part of UK law by virtue of the European
Union (Withdrawal) Act 2018.

 

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