RNS Number : 3403V
ADES International Holding PLC
13 April 2021
 

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

AEDFXA1EN018

Issuer Name

ADES International Holding PLC

UK or Non-UK Issuer

Non-UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

ADES Investments Holding Ltd.

City of registered office (if applicable)

Dubai

Country of registered office (if applicable)

United Arab Emirates

4. Details of the shareholder

Is the shareholder the same as the person subject to the notification obligation, above?

No

NAME

CITY OF REGISTERED OFFICE

COUNTRY OF REGISTERED OFFICE

Innovative Energy Holding Ltd.

Dubai

United Arab Emirates

5. Date on which the threshold was crossed or reached

12-Apr-2021

6. Date on which Issuer notified

13-Apr-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

63.880000

0.000000

63.880000

26349242

Position of previous notification (if applicable)

 

 

 

 

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)

AEDFXA1EN018

26349242

0

63.880000

0.000000

Sub Total 8.A

26349242

63.880000%

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

TYPE OF FINANCIAL INSTRUMENT

EXPIRATION DATE

EXERCISE/CONVERSION PERIOD

NUMBER 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 INSTRUMENT

EXPIRATION DATE

EXERCISE/CONVERSION PERIOD

PHYSICAL OR CASH SETTLEMENT

NUMBER 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 Person

Name 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 threshold

Total of both if it equals or is higher than the notifiable threshold

Intro Investments Holding Ltd.

Innovative Energy Holding Ltd.

63.880000

0.000000

63.880000

10. In case of proxy voting

Is there proxy voting?

No

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

Innovative Energy Holding Ltd is a direct wholly owned subsidiary of ADES Investment Holding Ltd, an entity whose ultimate controlling person is Intro
Investments Holding Ltd.

12. Date of Completion

 

13. Place Of Completion

Dubai, United Arab Emirates

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