Last checked at 17 Jun 2020 10:17
For Immediate Release
17 June 2020
RiverFort Global Opportunities plc
("RGO " or the "Company")
Holding in Company
The Company have received the following TR-1 which is set out below without amendment.
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 attachedii: | RiverFort Global Opportunities plc
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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 obligationiv | ||||||
Name | RiverFort Global Capital Limited | |||||
City and country of registered office (if applicable) | UK | |||||
4. Full name of shareholder(s) (if different from 3.)v | ||||||
Name | Jarvis Investment Management Ltd | |||||
City and country of registered office (if applicable) | ||||||
5. Date on which the threshold was crossed or reachedvi: | 16 June 2020 | |||||
6. Date on which issuer notified (DD/MM/YYYY): | 16 June 2020 | |||||
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 of issuervii | |||
Resulting situation on the date on which threshold was crossed or reached | 5.53% | 0.00% | 5.53% | 678,933,600 | ||
Position of previous notification (if applicable) | 4.70% | 0.00% | 4.70% | |||
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | |||||||||
A: Voting rights attached to shares | |||||||||
Class/type ofshares ISIN code (if possible) | Number of voting rightsix | % of voting rights | |||||||
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | ||||||
GB0001636918 | 37,545,600 | 5.53% | |||||||
SUBTOTAL 8. A | 37,545,600 | 5.53% | |||||||
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B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | |||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Periodxi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
SUBTOTAL 8. B 1 | |||||||||
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B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) | |||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Period xi | Physical or cash settlementxii | Number of voting rights | % of voting rights | ||||
SUBTOTAL 8.B.2 | |||||||||
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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) issuerxiii | X | |||
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 entityxiv (please add additional rows as necessary) | ||||
Namexv | % 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 | |
RiverFort Global Capital Limited | 5.53% | 5.53% | ||
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 informationxvi | ||||
The Ordinary Shares are held by Jarvis Investment Management in CREST for the benefit of RiverFort Global Capital Ltd.
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Place of completion | London |
Date of completion | 16 June 2020 |
For more information please contact:
RiverFort Global Opportunities plc: | +44 20 7580 7576 |
Nicholas Lee, Investment Director |
Nominated Advisor: | +44 20 7628 3396 |
Beaumont Cornish | |
Roland Cornish/Felicity Geidt | |
Joint Broker: Shard Capital Partners LLP Damon Heath Erik Woolgar
Joint Broker: Peterhouse Corporate Finance Lucy Williams |
+44 20 7186 9950
+44 20 7562 3351 |