ClearStar,Inc. Holding(s) in Company (8965C)

TIDMCLST TIDMCLSU

RNS Number : 8965C

ClearStar,Inc.

20 April 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------------------- 
 1. Identity of the issuer or                                                       ClearStar Inc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: 
-------------------------------------------------------------  ---------------------------------- 
 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)                                              Ennismore Fund Management 
  subject to the                                                                          Limited 
  notification obligation: 
-----------------------------------------------------------  ------------------------------------ 
 4. Full name of shareholder(s)                                     1) Ennismore European Smaller 
  (if different from 3.):                                                          Companies Fund 
                                                                    2) Ennismore European Smaller 
                                                                      Companies Master Hedge Fund 
-----------------------------------------------------------  ------------------------------------ 
 5. Date of the transaction                                                         18 April 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  ------------------------------------ 
 6. Date on which issuer                                                            20 April 2017 
  notified: 
-----------------------------------------------------------  ------------------------------------ 
 7. Threshold(s) that is/are                                                        Less than 4 % 
  crossed or 
  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 
-------------      ------------    ------------    --------------  ---------  -------------  ------------  ----------- 
 Previous 
 KYG2294M1050 
 Current 
 KYG2294M1134   1,465,000         1,465,000         1,440,000                  1,440,000                    3.96% 
               ----------------  ----------------  --------------  ---------  -------------  ------------  ----------- 
 
 
 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 
---------------------------------------------------  ----------------------------------------------------------------- 
 1,440,000                                            3.96% 
---------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------------ 
 
        1) Ennismore European Smaller Companies Fund = 1,179,068 
        shares 
        2) Ennismore European Smaller Companies Master Hedge 
        Fund = 260,932 shares 
        Therefore, the total under management: 
        Ennismore Fund Management Limited = 1,440,000 shares 
 
 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:                                                    Danielle Etkin 
-----------------------------------------------------------------  ----------------- 
 15. Contact telephone number:                                      [phone] 
-----------------------------------------------------------------  ----------------- 
 
 
 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 20, 2017 09:28 ET (13:28 GMT)