TIDMPVCS

RNS Number : 9053L

PV Crystalox Solar PLC

06 October 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                                     PV Crystalox Solar PLC 
  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                                               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) subject                                               Aldebaran Capital, LLC 
  to the 
  notification obligation: (iii) 
--------------------------------------------------------------------------  --------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
--------------------------------------------------------------------------  --------------------------- 
 5. Date of the transaction and date                                                     5 October 2016 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------------------------------------  --------------------------- 
 6. Date on which issuer notified:                                                       6 October 2016 
--------------------------------------------------------------------------  --------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                                 4% 
--------------------------------------------------------------------------  --------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type   Situation previous                Resulting situation after the triggering 
 of            to the triggering                 transaction 
 shares        transaction 
 
 if 
 possible 
 using 
 the ISIN 
 CODE 
-----------  --------------------------------  ----------------------------------------------------------------------- 
              Number           Number           Number          Number of voting           % of voting rights 
               of               of               of shares       rights                     (x) 
               Shares           Voting 
                                Rights 
-----------  ---------------  ---------------  --------------  -------------------------  ---------------------------- 
                                                Direct          Direct        Indirect     Direct        Indirect 
                                                                 (xi)          (xii) 
-----------      -----------    -----------    --------------  ------------  -----------  ------------  -------------- 
 
              6,332,838        6,332,838        6,450,787       6,450,787     n/a          4.026%        n/a 
-----------  ---------------  ---------------  --------------  ------------  -----------  ------------  -------------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Expiration     Exercise/                        Number of voting             % of voting 
 financial         date (xiii)    Conversion Period                rights that may              rights 
 instrument                       (xiv)                            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 rights 
 financial       price         date (xvii)    Conversion         rights instrument            (xix, xx) 
 instrument                                   period             refers to 
                                              (xviii) 
-------------  -------------  -------------  ----------------  ---------------------------  -------------------------- 
                                                                                             Nominal       Delta 
-------------  -------------  -------------  ----------------  ---------------------------  ------------  ------------ 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                          Percentage of voting rights 
-----------------------------------------------  --------------------------------------------------------------------- 
 6,450,787                                        4.026% 
-----------------------------------------------  --------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
---------------------------------------------------------------------------------------------------------------------- 
 
   Aldebaran Capital, LLC 6,450,787 4.026% 
 
 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:                                             The shares referred to in section 
                                                                          9 are held in portfolios managed by 
                                                                          Aldebaran Capital, LLC on a discretionary 
                                                                          basis for clients under investment 
                                                                          management agreements. This disclosure 
                                                                          has been calculated based on 160,235,118 
                                                                          outstanding shares 
-----------------------------------------------------------------------  --------------------------------------------- 
 14. Contact name:                                                                                    Kenneth Skarbeck 
-----------------------------------------------------------------------  --------------------------------------------- 
 15. Contact telephone number:                                                                         1-317- 818-7827 
                                                                                            (United States of America) 
-----------------------------------------------------------------------  --------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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