REG - Ceres Power Holdings IP Group PLC - Holding(s) in Company <Origin Href="QuoteRef">CWR.L</Origin> <Origin Href="QuoteRef">IPO.L</Origin>
RNS Number : 6070WCeres Power Holdings plc10 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:iiCeres 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:iiiIP Group plc
4. Full name of shareholder(s)
(if different from 3.):ivSee section 9
5. Date of the transaction and date on
which the threshold is crossed or
reached:v1 February 2017
6. Date on which issuer notified:
9 February 2017
7. Threshold(s) that is/are crossed or
reached: vi, viiDirect interests: unchanged
Indirect interests: <3% reached
Combined direct and indirect interests: 27% reached
8. Notified details:
A: Voting rights attached to sharesviii, ix
Class/type of
shares
if possible using
the ISIN CODESituation previous
to the triggering
transactionResulting situation after the triggering transaction
Number
of
SharesNumber
of
Voting
RightsNumber
of sharesNumber 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
instrumentExpiration
date xiiiExercise/
Conversion Period xivNumber 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
instrumentExercise price
Expiration date xvii
Exercise/
Conversion period xviiiNumber 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: xxiDirect 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 RNSThe company news service from the London Stock ExchangeENDHOLURURRBSAUAAR
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