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QIF share in public hands restoration annoucement

24th Aug 2015 07:00

RNS Number : 8093W
Qatar Investment Fund PLC
24 August 2015
 



24 August 2015

Qatar Investment Fund PLC ("QIF" or the "Company")

Shares in public hands

Further to the Company's announcement on 22 May 2015, the directors of the Company are pleased to announce the following update in respect of the Company's shares which are held in public hands (the "free float").

The directors of the Company can confirm that, to the best of their knowledge, the free float has now been restored to above the minimum 25 per cent. threshold required under Listing Rule 6.1.19R, and believe that the free float is approximately 27.35% of the Company's issued share capital.

Certain of the Company's shareholders who have an interest in 5 per cent. or more of the Company's issued share capital have confirmed that a proportion of their shareholding in QIF may be disregarded under Listing Rule 6.1.20B for the purposes of calculating the Company's free float, where such shares are held by separate investment managers each of whom make investment decisions independently.

The Company, in conjunction with its financial adviser and broker, Panmure Gordon (UK) Limited, has kept the UK Listing Authority apprised of this matter in full.

For further information:

Qatar Investment Fund plc

+44 (0) 1624 622 851

Nicholas Wilson

Panmure Gordon

+44 (0) 20 7886 2500

Richard Gray / Andrew Potts / Atholl Tweedie

Maitland

+44 (0) 20 7379 5151

William Clutterbuck / Robbie Hynes

Galileo Fund Services Limited

+44 (0) 1624 692 600

Ian Dungate

 

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