Original
RNS Number : 6070W
Ceres Power Holdings plc
10 February 2017
 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii

Ceres Power Holdings plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights


An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached


An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments


An event changing the breakdown of voting rights


Other (please specify):  Acquisition of Parkwalk Advisors Limited by IP Group plc

x

3. Full name of person(s) subject to the
notification obligation:
iii

IP Group plc

4. Full name of shareholder(s)
 (if different from 3.):iv

See section 9

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

1 February 2017

6. Date on which issuer notified:

9 February 2017

7. Threshold(s) that is/are crossed or
reached:
vi, vii

Direct interests: unchanged

Indirect interests: <3% reached

Combined direct and indirect interests: 27% reached



 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

 

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary 1p

257,538,294

257,538,294

257,538,294

257,538,294

16,571,428

25.55%

1.64%

GB00B0351429


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights







C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

274,109,722

27.19%



 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

 

Direct interests:

 

IP2IPO Limited: 257,538,294

 

IP2IPO Limited is a 100%-owned subsidiary of IP Group plc.

 

Indirect interests:

 

Share Nominees Limited: 16,571,428

 

Share Nominees Limited is the legal nominee for shares owned by investors in certain Parkwalk Advisors Limited ("Parkwalk") EIS funds. Parkwalk has the discretion to instruct Share Nominees Limited to exercise the voting and other rights attaching to such shares. Parkwalk is a 100%-owned subsidiary of IP Group plc following its acquisition on 1 February 2017.

 


Proxy Voting:

10. Name of the proxy holder:


11. Number of voting rights proxy holder will cease to hold:


12. Date on which proxy holder will cease to hold voting rights:



13. Additional information:

This notification relates to the acquisition of Parkwalk Advisors Limited by IP Group plc.

 

Based on 1,008,040,924 Ordinary Shares in issue

14. Contact name:

Greg Smith

15. Contact telephone number:

02074440050

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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