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Pin to quick picksBens Creek Regulatory News (BEN)

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Holding(s) in Company

4 Nov 2021 07:00

RNS Number : 2807R
Bens Creek Group PLC
04 November 2021
 

TR-1: Standard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible) i

1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii:

Bens Creek Group plc

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

An acquisition or disposal of financial instruments

An event changing the breakdown of voting rights

Other (please specify) iii:

3. Details of person subject to the notification obligation iv

Name

MBU Capital Group Limited

City and country of registered office (if applicable)

London, UK

4. Full name of shareholder(s) (if different from 3.) v

Name

City and country of registered office (if applicable)

5. Date on which the threshold was crossed or reached vi:

19 October 2021

6. Date on which issuer notified (DD/MM/YYYY):

3 November 2021

7. Total positions of person(s) subject to the notification obligation

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer (8.A + 8.B) vii

Resulting situation on the date on which threshold was crossed or reached

59.78%

N/A

59.78%

209,227,930

Position of previous notification (if

applicable)

N/A

N/A

N/A

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached viii

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rights ix

% of voting rights

Direct

(DTR5.1)

Indirect

 (DTR5.2.1)

Direct

(DTR5.1)

Indirect

(DTR5.2.1)

GB00BP814F22

209,227,930

N/A

59.78%

N/A

SUBTOTAL 8. A

209,227,930

59.78%

 

 

B 1: Financial Instruments according to DTR5.3.1R (1) (a)

Type of financial instrument

Expirationdate x

Exercise/Conversion Period xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

SUBTOTAL 8. B 1

 

 

B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)

Type of financial instrument

Expirationdate x

Exercise/Conversion Period xi

Physical or cash

Settlement xii

Number of voting rights

% of voting rights

SUBTOTAL 8.B.2

 

 

 

 

9. Information in relation to the person subject to the notification obligation (please mark the

applicable box with an "X")

Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer xiii

Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entity (please add additional rows as necessary) xiv

X

Name xv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Mohammed Iqbal

MBU Capital Group

Limited

59.78%

N/A

59.78%

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional information xvi

Mohammed Iqbal is the sole shareholder of MBU Capital Group Limited which holds 209,227,930 ordinary shares in the issuer. In addition, MBU Capital Group Limited holds a share charge over an additional 5,600,000 ordinary shares in the issuer as disclosed in the admission document published on 13 October 2021

 

Place of completion

London

Date of completion

3/11/2021

 

 

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END
 
 
HOLUOUKRABUARAA
Date   Source Headline
23rd Apr 20247:02 amRNSUpdate on the Group’s Chapter 11 cases
23rd Apr 20247:00 amRNSRequisition of General Meeting
15th Apr 20244:16 pmRNSBens Creek commences Chapter 11 cases
12th Apr 20247:00 amRNSCorporate update
8th Apr 20247:00 amRNSCoal sale to Avani Resources & operational update
26th Mar 202411:30 amRNSFurther drawdown of Working Capital Facility
19th Mar 20247:00 amRNSDrawdown of Working Capital Facility
6th Mar 20247:00 amRNSAmended loan instrument & security agreement
5th Mar 20241:07 pmRNSHolding(s) in Company
29th Feb 20247:00 amRNSHigh Vol B (HVB) coal sale to Avani Resources
27th Feb 20242:43 pmRNSRelated party transaction
22nd Feb 20247:00 amRNSAppointment of CEO for Bens Creek Operations LLC
9th Feb 20243:10 pmRNSCorrection: Trading update and Directorate change
9th Feb 20247:00 amRNSTrading update and Directorate change
31st Jan 20245:00 pmRNSTotal Voting Rights
8th Jan 20247:00 amRNSQuarterly production update
29th Dec 20237:00 amRNSExercise of Options & Director Shareholding
28th Dec 20237:00 amRNSHalf-year Report
5th Dec 20237:00 amRNSQ&A and Shareholder Day
30th Nov 202312:10 pmRNSHigh Vol B (HVB) coal sale to Avani Resources
27th Oct 20235:47 pmRNSResult of AGM
4th Oct 20237:00 amRNSH1 Production Update
27th Sep 20234:36 pmRNSDelay to Publication of Annual Report and Accounts
13th Sep 20237:00 amRNSOperational update and notice of results
29th Aug 20237:00 amRNSExercise of options and change to TVR
14th Aug 20237:00 amRNSHighwall miner update
8th Aug 202312:16 pmRNSHolding(s) in Company
8th Aug 202312:13 pmRNSHolding(s) in Company
26th Jul 202311:29 amRNSAppointment of Non-Executive Director
26th Jul 20237:00 amRNSMarketing and sales services agreement with Avani
11th Jul 202311:55 amRNSIssue of $7.6m of loan notes to ACAM LP
7th Jul 202310:30 amRNSIssue of loan note to raise $6.5m
3rd Jul 20232:51 pmRNSHolding(s) in Company
26th Jun 20237:00 amRNSHighwall miner & issue of loan note to raise $6.5m
31st May 20235:00 pmRNSTotal Voting Rights
12th May 20237:00 amRNSAcquisition of 29.9% holding in the Company
5th May 20237:00 amRNSHighwall miner update
4th May 202311:41 amRNSExercise of options and change to TVR
2nd May 202310:09 amRNSChange of Registered Office
28th Apr 20237:00 amRNSCoal sales and delivery update
14th Apr 20237:00 amRNSStatement re share price and update on MBU holding
31st Mar 20235:00 pmRNSTotal Voting Rights
31st Mar 20237:00 amRNSUpdate on acquisition of Ben’s Creek Rail Holding
23rd Mar 20237:00 amRNSHighwall miner update
14th Mar 20237:00 amRNSExercise of options and change to TVR
9th Mar 202310:58 amRNSResignation of Chief Financial Officer
3rd Mar 20237:00 amRNSAmendment and conversion of loan facility with MBU
27th Feb 20237:00 amRNSAppointment of Non-Executive Director
27th Feb 20237:00 amRNSConvertible loan notes repayment
7th Feb 20236:00 pmRNSHolding(s) in Company

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