Polemos PLC Holding(s) in Company (7300I)
September 01 2016 - 8:37AM
UK Regulatory
TIDMPLMO
RNS Number : 7300I
Polemos PLC
01 September 2016
1 September 2016
Polemos plc
("Polemos" or the "Company")
Holding(s) in Company
The Board of Polemos announces that the Company has received the
following TR-1 notification which is set out below.
For further information, please contact:
Polemos plc
Jason Berry, Non-Executive Director
Hamish Harris, Executive Chairman +44 (0)20 7440 0640
Beaumont Cornish Limited (Nominated
Adviser and Broker)
James Biddle/Michael Cornish +44 (0)20 7628 3396
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer POLEMOS PLC
or the underlying issuer
of existing shares to which
voting rights are
attached: (ii)
----------------------------------------------------- --------------------------------
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):
---------------------------------------------------- -------------------------------
3. Full name of person(s) Pelamis Investments Limited
subject to the
notification obligation:
(iii)
----------------------------------------------------- --------------------------------
4. Full name of shareholder(s) Mr David Christian Steinepreis
(if different from 3.):(iv)
----------------------------------------------------- --------------------------------
5. Date of the transaction 31(st) August 2016
and date on
which the threshold
is crossed or
reached: (v)
----------------------------------------------------- --------------------------------
6. Date on which issuer 1(st) September 2016
notified:
----------------------------------------------------- --------------------------------
7. Threshold(s) that
is/are crossed or
reached: (vi, vii) 11.15%
----------------------------------------------------- --------------------------------
8. Notified details:
------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
------------------------------------------------------------------------------------------------------------------------
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 (x)
Shares Voting rights
Rights
------------- ---------------- ---------------- -------------- -------------------------- -------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- ------------ ------------ -------------- ------------- ----------- ------------ -----------
ORD NPV 150,000,500 150,000,500 75,000,000 75,000,000 95,000,500 4.92% 6.23%
---------------- ---------------- -------------- ------------- ----------- ------------ -----------
GB0032654641
------------- ------------ ------------ ------------ ----------- ----------- -------- ---------
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 (xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
----------------- -------------- -------------------------------- ---------------------------- ---------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights instrument rights (xix,
instrument (xvii) period refers to xx)
(xviii)
--------------- -------------- -------------- ---------------- ---------------------------- -----------------------
Nominal Delta
--------------- -------------- -------------- ---------------- ---------------------------- ------------ ---------
Total (A+B+C)
------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
--------------------------------------------------- -------------------------------------------------------------------
170,000,500 11.15%
--------------------------------------------------- -------------------------------------------------------------------
9. Chain of controlled undertakings through which
the voting rights and/or the
financial instruments are effectively held, if
applicable: (xxi)
----------------------------------------------------------------------
Pelamis Investments Limited hold 75,000,000 shares
in Polemos Plc.
Mr David Christian Steinepreis holds 95,000,500
shares in Polemos Plc in his own name but he is
a director of Pelamis 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:
------------------------------------------------------ --------------
14. Contact name: Linda Dowding
------------------------------------------------------ --------------
15. Contact telephone
number: 01481 720581
------------------------------------------------------ --------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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