REG - Xtract Resources plc - Holding(s) in Company <Origin Href="QuoteRef">XTR.L</Origin>

Xtract ResourcesAnnouncement

30/11/2016 14:10

RNS Number : 5846Q
Xtract Resources plc
30 November 2016
For immediate release30 November 2016
Xtract Resources Plc
("Xtract" or the "Company")
Holdings in Company
The Board of Xtract announces that the Company has received the following TR-1 notification which is set out below without amendment
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi


1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:ii
Xtract Resources PLC
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) subject to the
notification obligation:iii
1Yorkville Advisors Global, LLC
2 Yorkville Advisors Global, LP 
3 YA II EQ, Ltd.
4. Full name of shareholder(s)
(if different from 3.):iv
Jarvis Investment Management Ltd
(Registered Holder)
5. Date of the transaction and date on
which the threshold is crossed or
reached:v
November 28 , 2016
6. Date on which issuer notified:
November 29, 2016
7. Threshold(s) that is/are crossed or
reached: vi, vii
18.00 %


8. Notified details:
A: Voting rights attached to sharesviii, ix
Class/type of
shares

if possible using
the ISIN CODE
Situation previous
to the triggering
transaction
Resulting situation after the triggering transaction
Number
of
Shares
Number
of
Voting
Rights
Number
of shares
Number of voting
rights
% of voting rights x
Direct
Direct xi
Indirect xii
Direct
Indirect
Ordinary Shares
3,401,533,333
3,401,533,333
3,148,333,333
3,148,333,333

17.22%



B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument
Expiration
date xiii
Exercise/
Conversion Period xiv
Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
% of voting
rights





 
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial
instrument
Exercise price
Expiration date xvii
Exercise/
Conversion period xviii
Number of voting rights instrument refers to
% of voting rights xix, xx




Nominal
Delta



Total (A+B+C)
Number of voting rights
Percentage of voting rights
3,148,333,333
17.22%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
Yorkville Advisors Global, LLC is the general partner, and controlling person, of Yorkville Advisors Global, LP, which is the investment manager of YA II EQ, Ltd. 
Cuart Investments Limited holds a 50% participation interest in all securities.

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:
Troy Rillo
15. Contact telephone number:
001.908.906.5127
Enquiries:
Xtract Resources Plc
Colin Bird, Executive Chairman
+44 (0)20 3416 6471
Beaumont Cornish 
Michael Cornish 
Felicity Geidt
+44 (0)207628 3369

Email: corpfin@b-cornish.co.uk

Beaufort Securities
Jon Belliss
+44 (0)207 382 8300

This information is provided by RNS
The company news service from the London Stock Exchange
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