Renewable Energy Holdings plc Holding(s) in Company (3692X)

TIDMREH

RNS Number : 3692X

Renewable Energy Holdings plc

18 November 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                    Renewable Energy Holdings 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                                  Weiss Asset Management LP 
  to the 
  notification obligation: (iii) 
------------------------------------------  ------------------------------------------------- 
 4. Full name of shareholder(s)                       Brookdale International Partners, L.P., 
  (if different from 3.):(iv)                               Brookdale Global Opportunity Fund 
 
                                                  Weiss Asset Management LP is the Investment 
                                                      Manager to Brookdale Global Opportunity 
                                                   Fund and Brookdale International Partners, 
                                                                                         L.P. 
------------------------------------------  ------------------------------------------------- 
 5. Date of the transaction and date                                              Nov-14-2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ------------------------------------------------- 
 6. Date on which issuer notified:                                                Nov-18-2014 
------------------------------------------  ------------------------------------------------- 
 7. Threshold(s) that is/are crossed                                               > 20%, 21% 
  or 
  reached: (vi, vii) 
------------------------------------------  ------------------------------------------------- 
 
 
 
 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) 
-------------    ----  -------  ------  -----  ---  -------------  --------------  ---------  ----------------  ------------ 
 GB00B063PD00     13,906,700        13,906,700        14,906,700     14,906,700       n/a          21.41 %           n/a 
-------------  ---------------  ------------------  -------------  --------------  ---------  ----------------  ------------ 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------- 
 Type of financial      Expiration       Exercise/                         Number of voting                % of voting 
  instrument             date (xiii)      Conversion Period                 rights that may                 rights 
                                          (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 
---------------------------------------------------------------  ----------------------------------------------------------- 
 14,906,700                                                       21.41 % 
---------------------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
--------------------------------------------------------------------------------------- 
 
   Brookdale International Partners, L.P.: 12,254,942 voting rights/financial 
   instruments (17.61 %) 
   Brookdale Global Opportunity Fund: 2,651,758 voting rights/financial 
   instruments (3.81 %) 
 
 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: 
-------------------------------------------------------  ------------------------------ 
 
                                            Please note: This notification is 
  13. Additional information:                being furnished to the issuer pursuant 
                                             to Article 30.3 of the issuer's Articles 
                                             of Association dated 1 July 2009. 
                                             It is provided on a TR-1 form for 
                                             convenience purposes only and is not 
                                             being filed with the FCA. 
-----------------------------------------  -------------------------------------------- 
 14. Contact name:                                                      Georgiy Nikitin 
-----------------------------------------  -------------------------------------------- 
 15. Contact telephone number:                                          [phone] 
-----------------------------------------  -------------------------------------------- 
 
 

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