TIDMCLST TIDMCLSU

RNS Number : 6418E

ClearStar,Inc.

09 May 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------------------- 
 1. Identity of the issuer or                                                       ClearStar Inc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: 
-------------------------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                     X 
----------------------------------------------------------------  ------------------------------- 
 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): 
---------------------------------------------------------  -----  ------------------------------- 
 3. Full name of person(s)                                              Ennismore Fund Management 
  subject to the                                                                          Limited 
  notification obligation: 
-----------------------------------------------------------  ------------------------------------ 
 4. Full name of shareholder(s)                                     1) Ennismore European Smaller 
  (if different from 3.):                                                          Companies Fund 
                                                                    2) Ennismore European Smaller 
                                                                      Companies Master Hedge Fund 
-----------------------------------------------------------  ------------------------------------ 
 5. Date of the transaction                                                            5 May 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  ------------------------------------ 
 6. Date on which issuer                                                               9 May 2017 
  notified: 
-----------------------------------------------------------  ------------------------------------ 
 7. Threshold(s) that is/are                                                        Less than 3 % 
  crossed or 
  reached: 
-----------------------------------------------------------  ------------------------------------ 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous          Resulting situation after the 
  of              to the triggering           triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  --------------------------  -------------------------------------------------------- 
                 Number        Number        Number        Number of              % of voting 
                  of            of            of shares     voting                 rights 
                  Shares        Voting                      rights 
                                Rights 
--------------  ------------  ------------  ------------  ---------------------  ------------------- 
                                             Direct        Direct   Indirect      Direct    Indirect 
--------------  ------------  ------------  ------------  -------  ------------  --------  --------- 
 Previous 
  KYG2294M1050                               Less                                           Less 
  Current                                     than                  Less than                than 
  KYG2294M1134   1,180,000     1,180,000      3 %                    3 %                     3 % 
                ------------  ------------  ------------  -------  ------------  --------  --------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------- 
 Type of         Expiration    Exercise/                   Number of voting       % of voting 
  financial       date          Conversion                  rights that            rights 
  instrument                    Period                      may be 
                                                            acquired if 
                                                            the 
                                                            instrument 
                                                            is 
                                                            exercised/ 
                                                            converted. 
--------------  ------------  --------------------------  ---------------------  ------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------- 
 Type of         Exercise      Expiration    Exercise/     Number of voting       % of voting 
  financial       price        date          Conversion     rights instrument      rights 
  instrument                                 period         refers to 
--------------  ------------  ------------  ------------  ---------------------  ------------------- 
                                                                                  Nominal   Delta 
--------------  ------------  ------------  ------------  ---------------------  --------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------- 
 Number of voting rights                     Percentage of voting rights 
------------------------------------------  -------------------------------------------------------- 
 Less than 3 %                               Less than 3 % 
------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
-------------------------------------------------------------------------------- 
 
        1) Ennismore European Smaller Companies Fund = Less 
        than 3 % 
        2) Ennismore European Smaller Companies Master Hedge 
        Fund = Less than 3 % 
        Therefore, the total under management: 
        Ennismore Fund Management Limited = Less than 3 % 
 
 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: 
-------------------------------------------------------------  ----------------- 
 14. Contact name:                                                Danielle Etkin 
-------------------------------------------------------------  ----------------- 
 15. Contact telephone number:                                  +44 20 7368 4230 
-------------------------------------------------------------  -----------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLZKLFBDEFLBBQ

(END) Dow Jones Newswires

May 09, 2017 10:28 ET (14:28 GMT)

Clrstar (DI/S) (LSE:CLST)
Historical Stock Chart
From May 2024 to Jun 2024 Click Here for more Clrstar (DI/S) Charts.
Clrstar (DI/S) (LSE:CLST)
Historical Stock Chart
From Jun 2023 to Jun 2024 Click Here for more Clrstar (DI/S) Charts.