PureCircle Limited Holding(s) in Company (9719G)

TIDMPURE

RNS Number : 9719G

PureCircle Limited

02 June 2017

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                            PureCircle Limited ("PureCircle") 
  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                           ü 
-------------------------------------------------------  ---------------------------------- 
 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)                               Wang Tak Company Limited 
  subject to the                                          (includes the holdings of 
  notification obligation:                                Mr. Tan Boon Seng and his 
  (iii)                                                   spouse 
                                                          Ms. Connie Tan ) 
------------------------------------------------------  ----------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------------------------  ----------------------------------- 
 5. Date of the transaction                              2 June, 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                 2 June, 2017 
  notified: 
------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                      28% 
------------------------------------------------------  ----------------------------------- 
 
 
 
 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) 
-------------      ---------  -----------      ------------  -------------  -------------  ---------  ---------------------  --------- 
 Ordinary 
 shares of 
 USD0.10 
 
 
 ISIN CODE: 
 BMG7300G1096   46,485,614                  46,485,614        48,814,296     48,814,296                        28.1 
               --------------------------  ----------------  -------------  -------------  ---------  ---------------------  --------- 
 
 
 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 
-------------------------------------------------------------  ----------------------------------------------------------------------- 
 48,814,296                                                     28.1% 
-------------------------------------------------------------  ----------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------------------------------------------- 
                                                                                            Number of shares held in 
                                                                                                          PureCircle 
                                                                                              Mr. Tan Boon Seng is a 
                                                                                               director of 2,989,467 
                                                                                                              shares 
                                                                                                 (Personal interest) 
                                                                                                    Wang Tak Company 
                                                                                                  Limited, a company 
                                                                                                              wholly 
                                                                                                   owned by Lee Hing 
                                                                                                 Development Limited 
                                                                                                               where 
                                                                                            Mr. Tan is a substantial 
                                                                                                   shareholder and a 
                                                                                                           director. 
 
                                                                                              Ms. Connie Tan (spouse 

                                                                                               of Mr. Tan Boon Seng) 
                                                                                                             394,009 
                                                                                                    shares (Personal 
                                                                                                           interest) 
 
                                                                                            Wang Tak Company Limited 
                                                                                                   - wholly owned by 
                                                                                                          45,430,820 
                                                                                                              shares 
                                                                                                Lee Hing Development 
                                                                                                             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:                                                                         Ms. Dorothy Ho / Mr. K.K. 
                                                                                           Chan 
----------------------------------------------------------------------------------------  -------------------------- 
 15. Contact telephone number:                                                             (852) 2526 3271 
----------------------------------------------------------------------------------------  -------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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June 02, 2017 03:06 ET (07:06 GMT)