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Jadestone Energy PLC Announces Holding(s) in Company

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Jadestone Energy PLC announced a change in shareholder voting rights. FIL Limited reduced its holdings, now owning 4.999% of voting rights, down from 5.016%. This change occurred on November 4, 2021, with notification provided on November 5, 2021. The total number of voting rights held by FIL Limited is 23,202,809.

Positive
  • FIL Limited still holds a significant 4.999% of voting rights after reduction.
Negative
  • Decrease in voting rights from 5.016% to 4.999% indicates potential reduction of influence.

SINGAPORE / ACCESSWIRE / November 8, 2021 / Jadestone Energy:

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00BLR71299

Issuer Name

JADESTONE ENERGY PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

FIL Limited

City of registered office (if applicable)

Hamilton

Country of registered office (if applicable)

Bermuda

4. Details of the shareholder

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above

City of registered office (if applicable)

Country of registered office (if applicable)

5. Date on which the threshold was crossed or reached

04-Nov-2021

6. Date on which Issuer notified

05-Nov-2021

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 held in issuer

Resulting situation on the date on which threshold was crossed or reached

4.999%

0.00%

4.999%

23,202,809

Position of previous notification (if applicable)

5.016%

0.00%

5.016%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)Number of direct voting rights (DTR5.1)Number of indirect voting rights (DTR5.2.1)% of direct voting rights (DTR5.1)% of indirect voting rights (DTR5.2.1)

GB00BLR71299

0

23,202,809

0.00%

4.999%

Sub Total 8.A

4.999%

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrumentExpiration dateExercise/conversion periodNumber of voting rights that may be acquired if the instrument is exercised/converted% of voting rights
Sub Total 8.B1

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrumentExpiration dateExercise/conversion periodPhysical or cash settlementNumber of voting rights% of voting rights
Sub Total 8.B2

9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)
Ultimate controlling personName of controlled undertaking% 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 thresholdTotal of both if it equals or is higher than the notifiable threshold

FIL Limited

FIL Limited

4.999%

0.00%

4.999%

FIL Limited

FIL Holdings (UK) Limited

4.999%

0.00%

4.999%

FIL Limited

FIL Investments International

4.999%

0.00%

4.999%

10. In case of proxy voting

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional Information

We no longer hold a notifiable interest

12. Date of Completion

05-Nov-2021

13. Place Of Completion

Dublin, Ireland

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: Jadestone Energy PLC



View source version on accesswire.com:
https://www.accesswire.com/671667/Jadestone-Energy-PLC-Announces-Holdings-in-Company

FAQ

What does the recent press release from Jadestone Energy regarding voting rights mean?

The press release indicates that FIL Limited reduced its voting rights in Jadestone Energy from 5.016% to 4.999%.

When did FIL Limited cross the voting rights threshold in Jadestone Energy?

FIL Limited crossed the voting rights threshold on November 4, 2021.

What is the current percentage of voting rights held by FIL Limited in Jadestone Energy?

FIL Limited currently holds 4.999% of voting rights in Jadestone Energy.

When was the change in voting rights reported for Jadestone Energy?

The change in voting rights was reported on November 5, 2021.

How many total voting rights does FIL Limited hold in Jadestone Energy?

FIL Limited holds a total of 23,202,809 voting rights in Jadestone Energy.

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