8th Jan 2016 07:01
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION
FOR IMMEDIATE RELEASE
8 January 2016
Notification of Disposal of Major Proportion of Voting Rights
APR Energy plc announces that it has received the attached notification from Mason Hill Advisors, LLC.
Enquiries:
APR Energy plc + 1 904 223 8488
Lee Munro (investors) + 1 904 404 4576
Manisha Patel (investors) + 1 904 517 5135
Alan Chapple (media) + 1 904 223 2277
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | APR ENERGY 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 thenotification obligation: iii | Mason Hill Advisors, LLC | ||||
4. Full name of shareholder(s) (if different from 3.):iv
| Nortrust Nominees Limited is a shareholder in respect of 2,864,607 of the shares in APR ENERGY PLC described above.
Goldman Sachs International is a shareholder in respect of 1,774,935 of the shares in APR ENERGY PLC described above.
Pershing LLC is a shareholder in respect of 1,500,000 of the shares in APR ENERGY PLC described above. | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 6 January 2016 | ||||
6. Date on which issuer notified: | 7 January 2016 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | Below 10 % | ||||
8. Notified details: | |||||||||||||||||
A: Voting rights attached to shares viii, ix | |||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | |||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | |||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||||
ORDINARY SHARESISIN: GB00B58D4C52 | 10,139,542
| 10,139,542 | 6,139,542
|
6.51%
| |||||||||||||
B: Qualifying Financial Instruments | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | |||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||
Resulting situation after the triggering transaction | |||||||||||||||||
Type of financialinstrument | 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 | ||||||||||||||||
6,139,542 |
6.51% | ||||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | Mason Hill Advisors, LLC | |
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: |
Mason Hill Advisors, LLC acts as an investment manager for Equinox Partners, LP, Kuroto Fund, L.P. and Mason Hill Partners, LP.
Equinox Partners, LP beneficially holds 3,274,935 (or 3.47%) of the shares in APR Energy PLC described above, Mason Hill Partners, L.P. beneficially holds 769,361 (or 0.82%) of the shares in APR Energy PLC described above and Kuroto Fund, L.P. beneficially holds 2,095,246 (or 2.22%) of the shares in APR Energy PLC described above.
| |
14. Contact name: | Massimo DeVellis | |
15. Contact telephone number: | +001 (646) 833-2787 | |
Related Shares:
APR.L