Asiamet Resources Limited — Major Shareholding Notification 2021

Aug 20, 2021

National Storage Mechanism | Additional information

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: [email protected] / [email protected]

Asiamet Resources Nominated Adviser

RFC Ambrian Limited

Bhavesh Patel / Stephen Allen

Telephone: +44 (0)20 3440 6800

Email: [email protected] / [email protected] 

Optiva Securities Limited

Christian Dennis

Telephone: +44 20 3137 1903

Email: [email protected]

TR-1: Standard 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 attachedii:			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 obligationiv
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 reachedvi:			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 rightsix					% 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 datex	Exercise/ Conversion Periodxi			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 datex		Exercise/ Conversion Period xi		Physical or cash settlementxii			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
Namexv	% 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 informationxvi

Place of completion	London Stock Exchange
Date of completion	20 August 2021

TR-1: Standard 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 attachedii:			Asiamet Resources Limited
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 obligationiv
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 reachedvi:			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 issuervii
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 reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rightsix					% 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 datex	Exercise/ Conversion Periodxi			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 datex		Exercise/ Conversion Period xi		Physical or cash settlementxii			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) 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				X
Namexv	% 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 informationxvi
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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