Holding(s) in Company

RNS Number : 6013J

Xtract Resources plc

29 June 2017

For immediate release

29 June 2017

Xtract Resources Plc

("Xtract" or the "Company")

Holdings in Company

The Board of Xtract announces that the Company has received the following TR-1 notification which is set out below without amendment.

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		Xtract Resources PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights			X
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):
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ	¹Yorkville Advisors Global II, LLC ² Yorkville Advisors Global, LP ³ YA II PN, Ltd. ⁴ YA Global II SPV, LLC
4. Full name of shareholder(s) (if different from 3.):^iv	Jarvis Investment Management Ltd (Registered Holder)
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	June 12, 2017
6. Date on which issuer notified:	June 27, 2017
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	3%

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

Ordinary Shares

5,600,135

4,100,135

2.38%

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

4,100,135

2.38%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi
Yorkville Advisors Global II, LLC is the general partner, and controlling person, of Yorkville Advisors Global, LP, which is the investment manager of YA II PN, Ltd. (which entity was formerly known as YA Global Master SPV, Ltd.).

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:	Troy Rillo
15. Contact telephone number:	001.908.906.5127

Enquiries:

Xtract Resources Plc	Colin Bird, Executive Chairman	+44 (0)203 416 6471
Beaumont Cornish	Michael Cornish Felicity Geidt	+44 (0)207 628 3369
	Email: corpfin@b-cornish.co.uk
Beaufort Securities	Jon Belliss	+44 (0)207 382 8300