22 Feb 2016 09:28
22 February 2016
PME African Infrastructure Opportunities plc
("PME" or the "Company")
(AIM: PMEA.L)
Holding(s) in Company
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").
The Company now announces that it has today been 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.
Name
|
Number of Ordinary Shares prior to the Tender Offer
|
% of issued ordinary share capital prior to the Tender Offer |
Number of Ordinary Shares following the Tender Offer |
% 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 |
*Ordinary Shares held by a Governmental entity of the State of Qatar and managed by QIA.
For further information please contact:
Smith & Williamson Corporate Finance Limited Nominated Adviser Azhic Basirov / Ben Jeynes
| +44 20 7131 4000 |
Stifel Nicolaus Europe Limited Broker Neil Winward / Tom Yeadon
| +44 20 7710 7600 |