ADM Energy PLC has received a notification of major holdings from OFX Holdings, LLC. OFX Holdings, LLC is based in Plano, Texas, USA. The notification states that OFX Holdings, LLC has acquired voting rights in ADM Energy PLC, resulting in a total of 10.6% of voting rights attached to shares. The total number of voting rights held by OFX Holdings, LLC in ADM Energy PLC is 46,131,334.
In addition to the voting rights attached to shares, OFX Holdings, LLC also holds financial instruments that may result in the acquisition of additional voting rights. These financial instruments are warrants that expire on 1 June 2025 and have an exercise/ conversion period of 2 years. If these warrants are exercised, OFX Holdings, LLC may acquire an additional 1.86% of voting rights, totaling 7,000,000 voting rights.
The notification also states that OFX Holdings, LLC is not controlled by any natural person or legal entity and does not control any other undertaking holding an interest in ADM Energy PLC. No additional information or details about proxy voting were provided in the notification.
This notification of major holdings provides an update on the ownership and voting rights in ADM Energy PLC by OFX Holdings, LLC.