Qannas Investments Limited Acquisition of Shares in Qannas Investments Ltd (7388O)
01 2월 2019 - 1:25AM
UK Regulatory
TIDMQIL
RNS Number : 7388O
Qannas Investments Limited
31 January 2019
THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
Qannas Investments Limited
("Qannas" or the "Company")
Holdings in Company / PDMR Dealing
The Board of Qannas announces that Abu Dhabi Financial Group LLC
("ADFG") has acquired 787,408 ordinary shares of no-par value in
the capital of the Company ("Ordinary Shares") from Integrated
Capital PJSC ("IC") on 31(st) Jan 2019 at $0.45 per share.
As a result, ADFG's total direct and indirect interest in
Ordinary Shares has increased to 12,070,533 representing 20.3%
percent of the voting rights of the Company.
ADCM Ltd the investment manager of the Company is a wholly owned
subsidiary of ADFG.
For further information please contact:
Qannas Investments Limited Tel: 01534 844 806
Nadia Trehiou
ADCM Ltd. (Investment Manager) Tel: +971 2 639 0099
Mustafa Kheriba
finnCap Ltd Tel: 020 7220 0500
Henrik Persson/William Marle (Corporate Finance)
1. Details of the person discharging managerial responsibilities
/ person closely associated
a) Name Abu Dhabi Financial Group LLC
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2. Reason for the Notification
-------------------------------------------------------------------------------------------
a) Position/status ADCM Ltd, the investment manager of
the Company is a wholly owned subsidiary
of ADFG
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b) Initial notification/Amendment Initial Notification
------------------------------------------ -----------------------------------------------
3. Details of the issuer, emission allowance market participant,
auction platform, auctioneer or auction monitor
-------------------------------------------------------------------------------------------
a) Name Qannas Investments Limited (QIL)
------------------------------------------ -----------------------------------------------
b) LEI 21380042SL88EILG1I04
------------------------------------------ -----------------------------------------------
4. Details of the transaction(s): section to be repeated
for (i) each type of instrument; (ii) each type of transaction;
(iii) each date; and (iv) each place where transactions
have been conducted
-------------------------------------------------------------------------------------------
a) Description of the Shares of QIL
Financial instrument,
type of instrument
Identification code KYG7306P1037
------------------------------------------ -----------------------------------------------
b) Nature of the transaction Acquisition
------------------------------------------ -----------------------------------------------
c) Price(s) and volume(s) Price(s) Volume(s)
------------------------------------------ -------------------- ----------------------
$0.45 787,408
----------------------------------------------- -------------------- ----------------------
d) Aggregated information: 787,408 ordinary shares of no par
* Aggregated volume value have been acquired at $0.45
per share.
* Price
------------------------------------------ -----------------------------------------------
e) Date of the transaction 31st Jan 2019
------------------------------------------ -----------------------------------------------
f) Place of the transaction EUROCLEAR
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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.
END
ACQBLGDBBDXBGCB
(END) Dow Jones Newswires
January 31, 2019 11:25 ET (16:25 GMT)
Qannas Investments (LSE:QIL)
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Qannas Investments (LSE:QIL)
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