NextEnergy Solar Fund Limited TR-1: Notification of Major Interest in Shares (8892F)

TIDMNESF

RNS Number : 8892F

NextEnergy Solar Fund Limited

25 February 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying        NextEnergy Solar Fund Ltd 
  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 
----------------------------------------------------------------------------  ------- 
 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       Placing TD 23/02/15 SD 27/02/15                            Yes 
  specify): 
------------------  --------------------------------------------------------  ------- 
 3. Full name of person(s) subject           Artemis Investment Management LLP on 
  to the                                      behalf of discretionary funds under 
  notification obligation: (iii)              management 
------------------------------------------  ----------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------------  ----------------------------------------- 
 5. Date of the transaction and date         23 February 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ----------------------------------------- 
 6. Date on which issuer notified:           24 February 2015 
------------------------------------------  ----------------------------------------- 
 7. Threshold(s) that is/are crossed         15%, 16%, 17% and 18% 
  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) 
-------------    ----  -------  ------  -----  ---  -------------  --------------  ----------  -------------  -------------- 
 GG00BJ0JVY01   26,000,000       26,000,000          40,781,110     40,781,110      4,679,822   16.97%         1.94% 
               ---------------  ------------------  -------------  --------------  ----------  -------------  -------------- 
 
 
 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 
---------------------------------------------------------------  ----------------------------------------------------------- 
 45,460,932                                                       18.91% 
---------------------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
 
 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:                         Richard Smithson 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:             0207 399 6063 
----------------------------------------  -------------------------------------- 
 
 

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