TIDMCWR TIDMIPO

RNS Number : 1093N

Ceres Power Holdings plc

20 October 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                  Ceres Power Holdings plc 
  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                               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): New issue of shares                               x 
-------------------------------------------------------------  ------------------------- 
 3. Full name of person(s)                                          IP Group plc 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  ----------------------------- 
 4. Full name of shareholder(s)                                    See section 9 
  (if different from 3.):(iv) 
---------------------------------------------------------  ----------------------------- 
 5. Date of the transaction                                       18 October 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ----------------------------- 
 6. Date on which issuer                                          19 October 2016 
  notified: 
---------------------------------------------------------  ----------------------------- 
 7. Threshold(s) that is/are                                        25% reached 
  crossed or 
  reached: (vi, vii) 
---------------------------------------------------------  ----------------------------- 
 
 
 
 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 voting rights 
                 of                 of                 of shares        of voting       (x) 
                 Shares             Voting                              rights 
                                    Rights 
-------------  -----------------  -----------------  ---------------  --------------  -------------------------------- 
                                                      Direct           Direct          Indirect    Direct     Indirect 
                                                                        (xi)            (xii) 
-------------      -------------    -------------    ---------------  --------------  ----------  ---------  --------- 
 Ordinary 
  1p            181,758,822        181,758,822        257,538,294      257,538,294                 25.58% 
               -----------------  -----------------  ---------------  --------------  ----------  ---------  --------- 
 GB00B0351429 
-------------      -------------    -------------      -------------    ------------  ----------  ---------  --------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration       Exercise/                           Number of voting                     % of 
 financial           date             Conversion Period                   rights that                          voting 
 instrument          (xiii)           (xiv)                               may be                               rights 
                                                                          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                   % of voting 
  financial        price           date             Conversion          voting rights               rights (xix, 
  instrument                       (xvii)           period (xviii)      instrument                  xx) 
                                                                        refers to 
---------------  ---------------  ---------------  -----------------  --------------------------  -------------------- 
                                                                                                   Nominal    Delta 
---------------  ---------------  ---------------  -----------------  --------------------------  ---------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                Percentage of voting rights 
-----------------------------------------------------  --------------------------------------------------------------- 
 257,538,294                                            25.58% 
-----------------------------------------------------  --------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which 
  the voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------------------- 
 
                                                                              Direct interests: 
 
                                                                    IP2IPO Limited: 257,538,294 
 
                                          IP2IPO Limited is a 100%-owned subsidiary of IP Group 
                                                                                           plc. 
 
 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:                                    Based on 1,006,730,924 Ordinary 
                                                                        Shares in issue 
-------------------------------------------------------------  -------------------------------- 
 14. Contact name:                                                        Greg Smith 
-------------------------------------------------------------  -------------------------------- 
 15. Contact telephone number:                                            02074440050 
-------------------------------------------------------------  -------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLURRNRNWARUAA

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October 20, 2016 12:11 ET (16:11 GMT)

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