15 Dec 2015 10:06
JZ CAPITAL PARTNERS LTD - Holding(s) in CompanyJZ CAPITAL PARTNERS LTD - Holding(s) in Company
PR Newswire
London, December 15
| For filings with the FCA include the annex | |||||
| For filings with issuer exclude the annex | |||||
| 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: ii | JZ Capital Partners Ltd | ||||
| 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: iii | First Eagle Investment Management, LLC | ||||
| 4. Full name of shareholder(s) (if different from 3.):iv | Arnhold Foundation DEF Associates LP DEF Associates Ltd. | ||||
| 5. Date of the transaction and date on which the threshold is crossed or reached: v | Dec. 8, 2015 | ||||
| 6. Date on which issuer notified: | Dec. 14, 2015 | ||||
| 7. Threshold(s) that is/are crossed or reached: vi, vii | Above 5% | ||||
| 8. Notified details: | |||||||||||||||||
| A: Voting rights attached to shares viii, ix | |||||||||||||||||
| Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||||||||||||
| Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights x | |||||||||||||
| Direct | Direct xi | Indirect xii | Direct | Indirect | |||||||||||||
| JZ Capital Partners Ltd (JZCP LN Equity) | 3,210,395 | 3,210,395 | 4,366,136 | 4,366,136 | 6.72% | ||||||||||||
| GG00B403HK58 | |||||||||||||||||
| B: Qualifying Financial Instruments | |||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||
| Type of financial instrument | Expiration date xiii | Exercise/ Conversion Period xiv | Number 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 instrument | 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 | ||||||||||||||||
| 4,366,136 | 6.72% | ||||||||||||||||
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | ||||||||||||||
| ||||||||||||||
| Proxy Voting: | ||||||||||||||
| 10. Name of the proxy holder: | N/A | |||||||||||||
| 11. Number of voting rights proxy holder will cease to hold: | N/A | |||||||||||||
| 12. Date on which proxy holder will cease to hold voting rights: | N/A | |||||||||||||
| 13. Additional information: | First Eagle Investment Management, LLC is a U.S. investment advisor registered under the Investment Advisors Act 1940. The rights issue of 30 September involved the issue of a new class of JZCX shares. The shareholders entered into irrevocable undertakings with the issuer whereby they agreed to vote their shares in favour of the proposed rights issue and associated takeover. Subsequently, on 8 December 2015, these JZCX shares were assimilated to be part of the ordinary JZCP shares. | |||||||||||||
| 14. Contact name: | Mark Goldstein, General Counsel | |||||||||||||
| 15. Contact telephone number: | 001-212-698-3101 | |||||||||||||