NextEnergy Solar Fund Limited TR-1: Notification of Major Interest in Shares (4596E)

TIDMNESF TIDMPRU

RNS Number : 4596E

NextEnergy Solar Fund Limited

03 November 2015

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying             NextEnergy Solar Fund 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 
-----------------------------------------------------------------------------------  ---- 
 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): Data vendor provided correct Voting Rights                    X 
  figure following the announcement made by issuer on 24(th) September 
  2015. 
----------------------------------------------------------------------------------   ---- 
 3. Full name of person(s) subject               Prudential plc group of companies 
  to the 
  notification obligation: (iii) 
----------------------------------------  ----------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                               Prudential plc 
                                                          M&G Group Limited 
                                                             M&G Limited 
                                                  M&G Investment Management Limited 
                                               The Prudential Assurance Company Limited 
----------------------------------------  ----------------------------------------------- 
 5. Date of the transaction and                           30 October 2015 
  date on 
  which the threshold is crossed 
  or 
  reached: (v) 
----------------------------------------  ----------------------------------------------- 
 6. Date on which issuer notified:                        03 November 2015 
----------------------------------------  ----------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                         25% - 24% 
----------------------------------------  ----------------------------------------------- 
 
 
 
 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     60,093,683        60,093,683        69,464,799     69,464,799        0           24.99%            0 
-------------  ---------------  ------------------  -------------  --------------  ---------  ---------------  ------------- 
 
 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 
---------------------------------------------------------------  ----------------------------------------------------------- 
 69,464,799                                                       24.99% 
---------------------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
---------------------------------------------------------------------------------- 
 
   Prudential plc (parent Company) - 69,464,799 (24.99%) 
   M&G Group Limited (wholly owned subsidiary of Prudential plc) - 69,464,799 
   (24.99%) 
   M&G Limited (wholly owned subsidiary of M&G Group Limited) - 69,464,799 
   (24.99%) 
   M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) 
   - 69,464,799 (24.99%) 
   The Prudential Assurance Company Limited (wholly owned subsidiary of 
   Prudential plc) - 67,534,813 (24.29%) 
 
 Proxy Voting: 
---------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                     N/A 
-----------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will                     N/A 
  cease 
  to hold: 
-----------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to                      N/A 
  hold 
  voting rights: 
-----------------------------------------------------  --------------------------- 
 
 
  13. Additional information: 
-----------------------------------------  --------------------------------------- 
 14. Contact name:                          Owen Smith/ James Todd 
                                             M&G Investment Management Limited 
-----------------------------------------  --------------------------------------- 
 15. Contact telephone number:              020 7004 4517 / 020 7548 2293 
-----------------------------------------  --------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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November 04, 2015 02:00 ET (07:00 GMT)