Share Name Share Symbol Market Type Share ISIN Share Description
Nextenergy Solar Fund Limited LSE:NESF London Ordinary Share GG00BJ0JVY01 RED ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.00 -0.81% 122.50 121.50 122.50 123.00 121.50 123.00 110,697 14:07:24
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 80.2 71.6 12.4 9.9 401

NextEnergy Solar Fund Limited TR1 re Prudential demerger

22/10/2019 5:30pm

UK Regulatory (RNS & others)


TIDMNESF TIDMMNG

RNS Number : 7717Q

NextEnergy Solar Fund Limited

22 October 2019

TR-1: Standard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible)(i) 
 
 1a. Identity of the issuer or the                                     NextEnergy Solar Fund Limited 
  underlying issuer of existing shares 
  to which voting rights are attached(ii) 
  : 
                                                         --------------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer                                                                                           X 
                                                                                                ------------------ 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights 
                                                                                                ------------------ 
 An acquisition or disposal of financial instruments 
                                                                                                ------------------ 
 An event changing the breakdown of voting rights 
                                                                                                ------------------ 
 Other (please specify)(iii) : This notification is being made solely                                    X 
  as a result of the demerger of Prudential plc and M&G plc, resulting 
  in a change of control from Prudential to M&G. 
                                                                                                ------------------ 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                     M&G Plc 
 City and country of registered office                    London, United Kingdom 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.)(v) 
 Name 
                                                         --------------------------------------------------------- 
 City and country of registered office                    London, United Kingdom 
  (if applicable) 
                                                         --------------------------------------------------------- 
 5. Date on which the threshold was                       21/10/2019 
  crossed or reached(vi) : 
                                                         --------------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):           22/10/2019 
                                                         --------------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                                      % of voting         % of voting rights    Total of both    Total number 
                                     rights attached      through financial      in % (8.A +      of voting rights 
                                    to shares (total         instruments             8.B)         of issuer(vii) 
                                        of 8. A)            (total of 8.B 
                                                              1 + 8.B 2) 
                                -----------------------  -------------------  ----------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                                     11.78%                0.00%            11.78%         583,617,503 
                                -----------------------  -------------------  ----------------  ------------------ 
 Position of                                        N/A                  N/A               N/A 
  previous notification 
  (if 
  applicable) 
                                -----------------------  -------------------  ----------------  ------------------ 
 
 
 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached(viii) 
 A: Voting rights attached to shares 
 Class/type of                Number of voting rights(ix)                  % of voting rights 
  shares 
  ISIN code (if 
  possible) 
                                    Direct                Indirect                      Direct                       Indirect 
                              (Art 9 of Directive   (Art 10 of Directive          (Art 9 of Directive          (Art 10 of Directive 
                                 2004/109/EC)           2004/109/EC)             2004/109/EC) (DTR5.1)             2004/109/EC) 
                                   (DTR5.1)              (DTR5.2.1)                                                 (DTR5.2.1) 
                                                   --------------------- 
 RED ORD NPV GG00BJ0JVY01                                     68,755,148                                                     11.78% 
                             --------------------  ---------------------  ----------------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                                                68,755,148                                                     11.78% 
                             -------------------------------------------  --------------------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of financial            Expiration            Exercise/              Number of voting                    % of voting 
  instrument                   date(x)              Conversion              rights that may                     rights 
                                                    Period(xi)              be acquired if 
                                                                            the instrument 
                                                                            is 
                                                                            exercised/converted. 
                             --------------------  ---------------------  ----------------------------------  --------------------- 
 RED ORD NPV GG00BJ0JVY01                                                                             15,051                  0.00% 
  (Right of Recall) 
                             --------------------  ---------------------  ----------------------------------  --------------------- 
 
 
                                                    SUBTOTAL 8. B 1                                   15,051                  0.00% 
                                                   ---------------------  ----------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of financial           Expiration             Exercise/              Physical or       Number of         % of voting 
  instrument                  date(x)               Conversion             cash               voting rights     rights 
                                                    Period (xi)            settlement(xii) 
                            ---------------------  ---------------------  ----------------  ---------------- 
 
 
 
                                                                           SUBTOTAL 8.B.2 
                                                                          ----------------  ---------------- 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer(xiii) 
 Full chain of controlled undertakings through which the voting rights                    X 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity(xiv) (please add additional 
  rows as necessary) 
           Name(xv)               % of voting rights      % of voting rights      Total of both if 
                                    if it equals or        through financial       it equals or is 
                                  is higher than the       instruments if it       higher than the 
                                 notifiable threshold     equals or is higher    notifiable threshold 
                                                          than the notifiable 
                                                               threshold 
                               -----------------------  ---------------------  ---------------------- 
 M&G Plc 
  (Parent Company)                              11.78%                  0.00%                  11.78% 
                               -----------------------  ---------------------  ---------------------- 
 M&G Group Limited 
  (wholly owned subsidiary 
  of M&G Plc)                                   11.68%                  0.00%                  11.68% 
                               -----------------------  ---------------------  ---------------------- 
 M&G FA Limited 
  (wholly owned subsidiary 
  of M&G Group Limited)                         11.68%                  0.00%                  11.68% 
                               -----------------------  ---------------------  ---------------------- 
 M&G Investment 
  Management Limited 
  (wholly owned subsidiary 
  of M&G FA Limited)                            11.68%                  0.00%                  11.68% 
                               -----------------------  ---------------------  ---------------------- 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder                                                    N/A 
                                                        --------------------------------------------- 
 The number and % of voting rights                                           N/A 
  held 
                                                        --------------------------------------------- 
 The date until which the voting rights                                      N/A 
  will be held 
                                                        --------------------------------------------- 
 11. Additional information(xvi) 
 
 
 
 
 Place of completion   London, United Kingdom 
 Date of completion    22(nd) October 2019 
                      ----------------------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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