Notification of Major Shareholding - Delta Dunia

RNS Number : 2951J
Asiamet Resources Limited
20 August 2021
 

20 August 2021

Notification of Major Shareholding

 

Asiamet Resources Limited ("Asiamet" or the "Company") advises that it has received notification that Aeturnum Energy has sold its entire shareholding in the Company through its beneficially owned company Reliant Energy Investments Limited to Mr Ashish Gupta, a commissioner and shareholder of PT Delta Dunia Makmur Tbk ("DOID").  Following the purchase, Mr Gupta has a 15.36% shareholding in the Company.

DOID is a publicly listed company on the Indonesian stock exchange whose operating subsidiary PT Bukit Makmur Mandiri Utama ("BUMA") is one of the largest mining contractors in the country.  For more information on DOID please visit www.deltadunia.com

Mr Gupta and DOID have been in contact with the Company and will enter into a non-disclosure agreement to enable due diligence to be undertaken on the Company's projects.

TR1 forms for both parties are included below.

 

Tony Manini, Executive Chairman of Asiamet Resources commented:

"We welcome Mr Gupta as a major shareholder in the Company and look forward to engaging with DOID. Attracting the interest of a highly reputable IDX listed mining services company is testament to the potential of our projects and the progress we have made to date. We look forward to keeping stakeholders updated as we continue to advance the BKM project towards development."

 

ON BEHALF OF THE BOARD OF DIRECTORS

Tony Manini, Executive Chairman

For further information, please contact:

-Ends-

Tony Manini
Executive Chairman, Asiamet Resources Limited
Email:
tony.manini@ asiametresources .com

 

Investor Enquiries

Sasha Sethi

Telephone: +44 (0) 7891 677 441

Email: Sasha@flowcomms.com / info@asiametresources.com

Asiamet Resources Nominated Adviser
RFC Ambrian Limited

Bhavesh Patel / Stephen Allen

Telephone: +44 (0)20 3440 6800

Email: Bhavesh.Patel@rfcambrian.com   / Stephen.Allen@rfcambrian.com  

 

Optiva Securities Limited
Christian Dennis

Telephone: +44 20 3137 1903

Email: Christian.Dennis@optivasecurities.com

 

TR-1: S tandard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS


1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii :

Asiamet Resources Limited

 

LEI 213800PWJMT1NG28TA88

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 obligation iv

Name

Ashish Gupta

City and country of registered office (if applicable)

n/a

4. Full name of shareholder(s) (if different from 3.)v

Name

Ashish Gupta

City and country of registered office (if applicable)

n/a

5. Date on which the threshold was crossed or reached vi :

18/08/2021

6. Date on which issuer notified (DD/MM/YYYY):

19/08/2021

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 of issuervii

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

15.36%

0

15.36%

1,943,217,628

Position of previous notification (if

applicable)

N/A

N/A

N/A


 

 

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

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rights ix

% 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)

BM04521V1038

298,438,934

0

15.36%

0%






SUBTOTAL 8. A

298,438,934

15.36%

 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights








SUBTOTAL 8. B 1



 

 

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

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlement xii

Number of voting rights

% of voting rights










SUBTOTAL 8.B.2




 

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


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 entityxiv


Name xv

% 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





 

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 information xvi


 

Place of completion

London Stock Exchange

Date of completion

20 August 2021

 



TR-1: S tandard form for notification of major holdings

 

NOTIFICATION OF MAJOR HOLDINGS


1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached ii :

Asiamet Resources Limited

1b. Please indicate if the issuer is a non-UK issuer

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 obligation iv

Name

Reliant Energy Investments Limited

City and country of registered office (if applicable)


4. Full name of shareholder(s) (if different from 3) v

Name

Reliant Energy Investments Limited

City and country of registered office (if applicable)


5. Date on which the threshold was crossed or reached vi :

18 August 2021

6. Date on which issuer notified (DD/MM/YYYY):

19 August 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 of issuer vii

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

0

0

0

0

Position of previous notification (if

applicable)

15.36%

NA

15.36%


 

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

A: Voting rights attached to shares

Class/type of
shares

ISIN code (if possible)

Number of voting rights ix

% 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)

BM04521V1038

0

0

0

0






SUBTOTAL 8. A



 

 

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Type of financial instrument

Expiration
date
x

Exercise/
Conversion Period
xi

Number of voting rights that may be acquired if the instrument is

exercised/converted.

% of voting rights

NA












SUBTOTAL 8. B 1



 

 

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

Expiration
date
x

Exercise/
Conversion Period
xi

Physical or cash

settlement xii

Number of voting rights

% of voting rights

NA









SUBTOTAL 8.B.2



 

 

 

 

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) issuer xiii


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 entity xiv

X

Name xv

% 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

Reliant Energy Investments Limited

0

0

0

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 information xvi

Full disposal of all equity and voting rights in Asiamet Resources Limited

 

Place of completion

London Stock Exchange

Date of completion

20 August. 2021

 

 

 

 

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