16 Jan 2017 09:08
TR-1: Notifications of Major Interests in Shares |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Volga Gas plc | ||
2. Reason for notification (yes/no) | |||
An acquisition or disposal of voting rights | yes | ||
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | |||
An event changing the breakdown of voting rights | |||
Other (please specify):______________ | |||
3. Full name of person(s) subject to notification obligation: | Baring Vostok Investments PCC Limited | ||
4. Full name of shareholder(s) (if different from 3): | |||
5. Date of transaction (and date on which the threshold is crossed or reached if different): | 13 January 2017 | ||
6. Date on which issuer notified: | 13 January 2017 | ||
7. Threshold(s) that is/are crossed or reached: | Above 5% | ||
8: Notified Details | |||||||
A: Voting rights attached to shares
| |||||||
Class/type of shares If possible use 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 | Percentage of voting rights | |||
Direct |
Indirect |
Direct |
Indirect | ||||
GB00B1VN4809 | nil | nil | 4,800,460 | 4,800,460 | 5.925% | ||
B: Financial Instruments
| ||||
Resulting situation after the triggering transaction
| ||||
Type of financial instrument | Expiration date | Exercise/ conversion period | No. of voting rights that may be acquired (if the instrument exercised/converted) | Percentage of voting rights |
| ||||
C: Financial Instruments with similar effect to Qualifying Financial Instruments
| ||||||
Resulting situation after the triggering transaction
| ||||||
Type of financial instrument | Exercise Price | Expiration date | Exercise/ conversion period | No. of voting rights Instrument refers to | Percentage of voting rights | |
| Nominal | Delta | ||||
Total (A+B+C)
| |
Number of voting rights | Percentage of voting rights |
4,800,460 | 5.925% |
9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
|
Proxy Voting:
| |
10. Name of proxy holder:
| |
11. Number of voting rights proxy holder will cease to hold:
| |
12. Date on which proxy holder will cease to hold voting rights:
| |
13. Additional information:
| Baring Vostok Investments PCC Ltd is advised by Baring Vostok Capital Partners Group Limited ("BVCP") which separately advises two Baring Vostok Private Equity Funds that hold combined interests of 58.66% of the Ordinary Share capital of the Issuer. The cumulative interests held by the funds advised by BVCP comprise 64.59% of the Ordinary Share capital of the Issuer. |
14 Contact name:
| Tony Alves |
15. Contact telephone name:
| +44 (0) 7824 884 342 |