Low Carbon Accelerator Limited Holding(s) in Company (6343X)

TIDMLCA

RNS Number : 6343X

Low Carbon Accelerator Limited

11 February 2013

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying             Low Carbon Accelerator Limited 
  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             SVM Asset Management Limited 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------------- 
 4. Full name of shareholder(s)                Clients of SVM Asset Management Limited 
  (if different from 3.):(iv) 
--------------------------------------------  ---------------------------------------------- 
 5. Date of the transaction and date            5(th) February 2013 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ---------------------------------------------- 
 6. Date on which issuer notified:             6(th) February 2013 
--------------------------------------------  ---------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                           5% 
--------------------------------------------  ---------------------------------------------- 
 
 
 
 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) 
-------------    -----  -------  ------  -----  ---  ------------  -------------  ---------  -------------  -------------- 
 Ordinary 
 Shares            5,637,000          5,637,000        4,000,000     4,000,000                   4.65% 
               ----------------  ------------------  ------------  -------------  ---------  -------------  -------------- 
 GB00B1D09958 
-------------    -----  -------  ------  -----  ---  ----------    ----  -------  ---------      ---  ----     ----------- 
 
 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 
---------------------------------------------------------------  --------------------------------------------------------- 
 4,000,000                                                        4.65% 
---------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
   State Street Nominees Limited - 4.65% 
 
 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: 
---------------------------------------------------  --------------------------- 
 
                                           Based on 86,100,000 shares in issue 
  13. Additional information: 
----------------------------------------  -------------------------------------- 
 14. Contact name:                         Bridgette McDonald 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:             0131 718-5602 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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