Picture of Jadestone Energy logo

JSE Jadestone Energy News Story

0.000.00%
gb flag iconLast trade - 00:00
EnergySpeculativeSmall CapSucker Stock

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

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250723:nRSW0848Sa&default-theme=true

RNS Number : 0848S  Jadestone Energy PLC  23 July 2025

TR-1: Notification of Major Holdings

 

23 July 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 by Tyrus Capital, S.A.M that its
shareholding in the Company has increased from 27.42% to 28.48%.

 

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)

 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

                                                                                                                                           Grand Cayman, Cayman Islands (for TC Six Limited and TC Special Private Equity

                                                                                                                                         Opportunities IV Limited) and Luxembourg (for Tyrus Capital Special Situations
 City and country of registered office (if applicable)                                                                                     Master Fund Sarl, SICAV-RAIF)
 5. Date on which the threshold was crossed or reached vi:                                                                                 21 July 2025
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                            22 July 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                   28.47743%                                                  0.00000%                                                 28.47743%                        154,094,444
 Position of previous notification (if applicable)

                                                    27.41518%                                                  0.00000%                                                 27.41518%

 

 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                                     154,094,444                                 0.00000%                  28.47743%

 SUBTOTAL 8. A                    154,094,444                                                                       28.47743%

 B 1: Financial Instruments according to DTR5.3.1R (1) (a)
                                                                                          Number of voting rights that may be acquired if

 Type of financial in- strument   Expiration date x   Exercise/ Conversion Period xi      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/ Conversion Pe- riod xi  Physical or cash Settlement xii     Number of voting rights

                                                                                                                                                    % 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  Monaco
 Date of completion   22 July 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
 Poppy Hawkins

 

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) .

 

This announcement does not include inside information.

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 (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  HOLUUSRRVWUBUAR

Recent news on Jadestone Energy

See all news