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REG - Velocys PLC - Holding(s) in Company <Origin Href="QuoteRef">VLSV.L</Origin>

RNS Number : 3072H
Velocys PLC
06 June 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

Velocys 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

X

Other (please specify):



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

Ervington Investments Limited

Mr Roman Abramovich

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


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

2 June 2017

6. Date on which issuer notified:

5 June 2017

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

Ervington Investments Limited: 29%

Mr Roman Abramovich: 29%



8. Notified details:

A: Voting rights attached to sharesviii, 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 Shares

GB00B11SZ269

(Ervington Investments Limited)

42,442,443

42,442,443

42,442,443

42,442,443


28.95%


Ordinary Shares

GB00B11SZ269

(Mr Roman Abramovich)

42,442,443

42,442,443



42,442,443


28.95%


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

Ervington Investments Limited: 42,442,443

28.95%

Mr Roman Abramovich: 42,442,443

28.95%

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

Ervington Investments Limited holds a direct interest of 28.95%

Mr Roman Abramovich holds an indirect interest of 28.95%through Ervington Investments Limited


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:


% voting rights fell below 29% as a result of the issue of new Ordinary Shares. Calculated on the basis of 146,593,495 Ordinary Shares in issue.

14. Contact name:

Andre De Cort

15. Contact telephone number:

+44 20 7471 1602


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