Holding(s) in Company
United First Partners Holdings LLC has acquired a significant stake in Jade Road Investments Limited, now holding 7.43% of the voting rights, equating to 800,000 shares. This acquisition crossed a notification threshold on February 9, 2026, with the disclosure made on February 18, 2026. The holding is directly attributed to shares, with no financial instruments involved. The ultimate controlling entities for this holding are Stephane Mardel and Michael Hadjedi, each holding 3.715%, who effectively control United First Management Ltd.
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| Non-UK issuer | X |
- 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 :
Details of person subject to the notification obligation iv
| Name | UNITED FIRST PARTNERS HOLDINGS LLC |
| City and country of registered office (if applicable) | NEW YORK, USA |
Full name of shareholder(s) (if different from 3.) v
Name
City and country of registered office (if applicable)
| 5. Date on which the threshold was crossed or reached vi : | 09/02/2026 |
| 6. Date on which issuer notified (DD/MM/YYYY): | 18/02/2026 |
- Total positions of person(s) subject to the notification obligation
| Resulting situation on the date on which threshold was crossed or reached | 7.43% | 7.43% | 800,000 |
| Position of previous notification (if applicable) | |||
| A: Voting rights attached to shares | |||
| Class/type of shares ISIN code (if possible) | Number of voting rights ix | % of voting rights | |
| Direct (DTR5.1) | Indirect (DTR5.2.1) | Direct (DTR5.1) | Indirect (DTR5.2.1) |
| VGG4S09E1210 | 800,000 | 7.43% | |
| SUBTOTAL 8. A | 800,000 | 7.43% | |
B 1: Financial Instruments according to DTR5.3.1R (1) (a)
SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to DTR5.3.1R (1) (b)
SUBTOTAL 8.B.2
| STEPHANE MARDEL | 3.715% | 3.715% |
| MICHAEL HADJEDI | 3.715% | 3.715% |
| UNITED FIRST MANAGEMENT LTD | 7.43% | 7.43% |
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
Additional information xvi
| Place of completion | DUBAI, UAE |
| Date of completion | 18/02/2026 |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.