Holding(s) in Company

RNS Number : 9004F

JPEL Private Equity Limited

01 August 2016

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				JPEL Private Equity Limited
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):	Notification due to organisational change - BAM became a subsidiary of BCM				x
3. Full name of person(s) subject to the notification obligation: iii		Babson Capital Management LLC ("BCM") Baring Asset Management Limited ("BAM") Baring Fund Managers Limited ("BFM") Baring International Fund Managers (Ireland) Limited ("BIFMI")
4. Full name of shareholder(s)  (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		29th July 2016
6. Date on which issuer notified:		1st August 2016
7. Threshold(s) that is/are crossed or reached: vi, vii		N/A

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the 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

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

(US$ Equity Shares) GB00B07V0H27

30,796,545 (BAM) 4,622,602 (BFM) 1,845,001 (BIFMI) 37,264,148 (Total)

30,796,545 (BAM) 4,622,602 (BFM) 1,845,001 (BIFMI) 37,264,148 (Total)

N/A N/A N/A N/A

N/A N/A N/A N/A

30,796,545 (BAM) 4,622,602 (BFM) 1,845,001 (BIFMI) 37,264,148 (Total)

N/A N/A N/A N/A

8.36% 1.25% 0.50% 10.12%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

30,796,545 (BAM) 4,622,602  (BFM) 1,845,001 (BIFMI) 37,264,148 (Total)

8.36% 1.25% 0.5% 10.12% (Total)

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Babson Capital Management LLC ("BCM"), Baring Asset Management Limited ("BAM"), Baring Fund Managers Limited ("BFM") and Baring International Fund Managers (Ireland) Limited ("BIFMI") - 37,264,148 (10.12%) The percentage of holdings noted above is based on total voting rights of 368,356,327. Baring Fund Managers Limited is wholly owned by Baring Asset Management Limited, which is wholly owned by MassMutual Holdings (Bermuda) Limited, which is wholly owned by MassMutual Baring Holding LLC, which is wholly owned by Babson Capital Management LLC. Baring International Fund Managers (Ireland) Limited is wholly owned by Baring International Investment Management Holdings Limited, which is wholly owned by Baring Asset Management UK Holdings Limited, which is wholly owned by Baring Asset Management Limited, which is wholly owned by MassMutual Holdings (Bermuda) Limited, which is wholly owned by MassMutual Baring Holding LLC, which is wholly owned by Babson Capital Management LLC.
Proxy Voting:
10. Name of the 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:
14. Contact name:	Alicia Mellon Baring Asset Management Limited
15. Contact telephone number:	[phone]

 

END

 

 

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