13th May 2015 17:23
For Immediate Release
13 May 2015
Challenger Acquisitions Limited
("Challenger" or the "Company")
Holding(s) in Company
The Board of Challenger announces that on 12 May 2015 the Company received the following TR-1 notification submitted on behalf of YA Global Master SPV, Ltd. and which is set out below without amendment.
For more information:
Challenger Acquisitions Limited | www.challengeracquisitions.com |
Mark Gustafson, Executive Chairman | +1 604 454 8677 |
Beaumont Cornish Limited (Financial Adviser) | |
Roland Cornish | +44 (0) 20 7628 3396 |
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 | Challenger Acquisitions Limited | |||
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 | 1Yorkville Advisors Global, LLC 2 Yorkville Advisors Global, LP 3 YA Global Master SPV, 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 onwhich the threshold is crossed orreached: v | February 19, 2015 | |||
6. Date on which issuer notified: | May 12, 2015 | |||
7. Threshold(s) that is/are crossed orreached: vi, vii | 29.00, 28.00, 27.00, 26.00, 25.00, 24.00, 23.00 % | |||
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 Shares | 3,150,000 | 3,150,000 | 2,527,500 | 2,527,500 | 22.98% | |||||||||||
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 | |||||||||||||||
2,527,500 | 22.98% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial 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 Yorkville Global Master SPV, Ltd.
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | ||
14. Contact name: | Troy Rillo | |
15. Contact telephone number: | 001.908.906.5127 | |
Related Shares:
CHAL.L