22 Feb 2016 09:28
22Β February 2016
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PME African Infrastructure Opportunities plc
("PME" or the "Company")
(AIM: PMEA.L)
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Holding(s) in Company
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PME announced the results of the recent tender offer to acquire up to 38,376,948 ordinary shares of US$0.01 each in the capital of the Company ("Ordinary Shares") at a price of US$0.20 per Ordinary Share on 1 December 2015 (the "Tender Offer").
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The Company now announces that itΒ has today beenΒ notified that, following the Tender Offer, Qatar Investment Authority ("QIA") now controls, directly or indirectly, 15,443,327 Ordinary Shares - as set out in the table below. This holding represents 37.69% of the Company's issued ordinary share capital.
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Β Β Β Β Name Β | Β Number of Ordinary Shares prior to the Tender Offer Β | Β % of issued ordinary share capital prior to the Tender Offer | Β Number of Ordinary Shares following the Tender Offer | Β % of issued ordinary share capital following the Tender Offer |
QIA direct interest | 25,738,877 | 33.53 | 12,869,439 | 31.41 |
QIA indirect interest* | 5,147,776 | 6.71 | 2,573,888 | 6.28 |
Total Ordinary Shares under QIA's control | 30,886,653 | 40.24 | 15,443,327 | 37.69 |
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*Ordinary Shares held by a Governmental entity of the State of Qatar and managed by QIA.
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For further information please contact:
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Smith & Williamson Corporate Finance Limited Nominated Adviser Azhic Basirov / Ben Jeynes Β | +44 20 7131 4000 |
Stifel Nicolaus Europe Limited Broker Neil Winward / Tom Yeadon Β | +44 20 7710 7600 |
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