TIDMAFS

RNS Number : 5419D

Amiad Water Systems Ltd

07 July 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or                                                  Amiad Water Systems Ltd 
  the underlying issuer                                                                     B0P0D83 GB 
  of existing shares to which                                                             IL0010943905 
  voting rights are 
  attached: 
-------------------------------------------------------------  --------------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
------------------------------------------------------------------------------------------------------ 
 An acquisition or disposal of voting rights                                        Y 
-----------------------------------------------------------------  ----------------------------------- 
 An acquisition or disposal of qualifying financial                                 N 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
-----------------------------------------------------------------  ----------------------------------- 
 An acquisition or disposal of instruments with                                     N 
  similar economic effect to qualifying financial 
  instruments 
-----------------------------------------------------------------  ----------------------------------- 
 An event changing the breakdown of voting rights                                   N 
-----------------------------------------------------------------  ----------------------------------- 
 Other (please                                                                      N 
  specify): 
---------------------------------------------------------  ------  ----------------------------------- 
 3. Full name of person(s)                                                  Kleinwort Benson Investors 
  subject to the                                                             Dublin Ltd. As controller 
  notification obligation:                                               of the voting rights directly 
                                                                       or indirectly via a subsidiary. 
-----------------------------------------------------------  ----------------------------------------- 
 4. Full name of shareholder(s)                               Kleinwort Benson Investors 
  (if different from 3.):                                      Dublin Ltd 
                                                               KBI Institutional Water Fund 
                                                               KBI Eco Water Fund 
                                                               KBI Institutional GESS Fund 
                                                               OP Clean Water Fund 
 
                                                               Kleinwort Benson Investors 
                                                               International Ltd (Subsidiary 
                                                               of Kleinwort Benson Investors 
                                                               Dublin Ltd) 
                                                               KBI DST Water Fund 
                                                               Los Angeles Fire & Police 
                                                               System 
                                                               Painters & Allied Trades District 
                                                               Park Foundation Inc 
                                                               Sonen Capital LLC 
                                                               KBI Water Fund 
                                                               Virtus Essential Resources 
                                                               Fund 
-----------------------------------------------------------  ----------------------------------------- 
 5. Date of the transaction                                                            1(st) July 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  ----------------------------------------- 
 6. Date on which issuer                                                               6(th) July 2016 
  notified: 
-----------------------------------------------------------  ----------------------------------------- 
 7. Threshold(s) that is/are                                             The position has fallen below 
  crossed or                                                                                      10%. 
  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 
-------------      ------------    ------------    --------------  ---------  -------------  ------------  ----------- 
 
 IL0010943905   2,381,518         2,381,518         2,242,657       0          2,242,657      0             9.90% 
-------------  ----------------  ----------------  --------------  ---------  -------------  ------------  ----------- 
 
 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 
---------------------------------------------------  ----------------------------------------------------------------- 
 2,242,657                                            9.90% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
--------------------------------------------------------------------------------------------------- 
 
 
 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 change in beneficial 
                                                                           ownership figure was not 
                                                                      as a result of a transaction. 
                                                                     OP Clean Water Fund terminated 
                                                                         Kleinwort Benson Investors 
                                                                           Dublin Ltd as investment 
                                                                    manager as of close of business 
                                                                        on 30.06.2016. As a result, 
                                                                         Kleinwort Benson Investors 
                                                                           Dublin Ltd was no longer 
                                                                           in control of the shares 
                                                                          as of 01.07.2016, but the 
                                                                       underlying beneficial holder 
                                                                         did not change. The shares 
                                                                       were taken off the Kleinwort 
                                                                        Benson Investors Dublin Ltd 
                                                                          systems on 04.07.2016 and 
                                                                         Kleinwort Benson Investors 
                                                                       Dublin Ltd became aware that 
                                                                        it now controlled less than 
                                                                 10% of the holdings on 05.07.2016. 
-------------------------------------------------------------  ------------------------------------ 
 14. Contact name:                                                                  Elaine Staveley 
                                                                         compliance@kbinvestors.com 
-------------------------------------------------------------  ------------------------------------ 
 15. Contact telephone number:                                            +353 1 438 4492 
-------------------------------------------------------------  ------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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