REG - Xtract Resources plc - Holding(s) in Company <Origin Href="QuoteRef">XTR.L</Origin>
RNS Number : 6013JXtract Resources plc29 June 2017For immediate release
29 June 2017
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:iiXtract 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:iii1Yorkville Advisors Global II, LLC
2 Yorkville Advisors Global, LP
3 YA II PN, Ltd.
4 YA Global II SPV, LLC
4. Full name of shareholder(s)
(if different from 3.):ivJarvis Investment Management Ltd
(Registered Holder)
5. Date of the transaction and date on
which the threshold is crossed or
reached:vJune 12, 2017
6. Date on which issuer notified:
June 27, 2017
7. Threshold(s) that is/are crossed or
reached: vi, vii3%
8. Notified details:
A: Voting rights attached to sharesviii, ix
Class/type of
shares
if possible using
the ISIN CODESituation previous
to the triggering
transactionResulting situation after the triggering transaction
Number
of
SharesNumber
of
Voting
RightsNumber
of sharesNumber of voting
rights% of voting rights x
Direct
Direct xi
Indirect xii
Direct
Indirect
Ordinary Shares
5,600,135
5,600,135
4,100,135
2.38%
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrumentExpiration
date xiiiExercise/
Conversion Period xivNumber 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
instrumentExercise price
Expiration date xvii
Exercise/
Conversion period xviiiNumber 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
4,100,135
2.38%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxiYorkville Advisors Global II, LLC is the general partner, and controlling person, of Yorkville Advisors Global, LP, which is the investment manager of YA II PN, Ltd. (which entity was formerly known as YA Global Master SPV, Ltd.).
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)203 416 6471
Beaumont Cornish
Michael Cornish
Felicity Geidt
+44 (0)207 628 3369
Email: corpfin@b-cornish.co.uk
Beaufort Securities
Jon Belliss
+44 (0)207 382 8300
ENDS
This information is provided by RNSThe company news service from the London Stock ExchangeENDHOLUKAARBVANUAR
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