Ascent Resources PLC received a notification of major holdings from R S & C A Jennings and Related Party Align Research Investments Ltd. The notification, dated January 10, 2024, indicated that the total positions of the notifying parties resulted in 7.82% of the voting rights of Ascent Resources PLC, with 2.73% through direct shares and 5.08% through financial instruments.
The notification detailed the breakdown of voting rights, with 5,700,000 voting rights attached to shares, representing 2.73% of the total voting rights. Additionally, financial instruments, including a spread bet and warrants, accounted for 4.36% and 0.72% of the voting rights, respectively.
The notification confirmed that the person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking holding an interest in the issuer. It also provided information on the chain of controlled undertakings through which the voting rights and financial instruments are effectively held.
No information regarding proxy voting was included in the notification. The completion of the notification took place in England on January 15, 2024.
This notification provides insight into the changes in major holdings of Ascent Resources PLC and the breakdown of voting rights held by R S & C A Jennings and Related Party Align Research Investments Ltd.