Velocys PLC Holding(s) in Company (8501D)

TIDMVLS

RNS Number : 8501D

Velocys PLC

03 February 2018

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                             Velocys plc 
  the underlying 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)                                              Ervington Investments Limited 
  subject to the                                                                  Mr Roman Abramovich 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ---------------------------------------- 
 5. Date of the transaction                                               1 February 2018 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------------- 
 6. Date on which issuer                                                              2 February 2018 
  notified: 
-----------------------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or                                                           Ervington Investments Limited: 
  reached: (vi, vii)                                                               28%, 27%, 26%, 25% 
 
                                                                            Mr Roman Abramovich: 28%, 
                                                                                        27%, 26%, 25% 
-----------------------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------- 
 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 voting          % of voting 
                  of           of           of shares    rights                    rights (x) 
                  Shares       Voting 
                               Rights 
--------------  -----------  -----------  -----------  ------------------------  ------------------- 
                                           Direct       Direct       Indirect     Direct    Indirect 
                                                         (xi)         (xii) 
--------------  -----------  -----------  -----------  -----------  -----------  --------  --------- 
 Ordinary 
  Shares 
  GB00B11SZ269 
  (Ervington 
  Investments 
  Limited)       42,442,443   42,442,443   82,442,443   82,442,443                24.96% 
--------------  -----------  -----------  -----------  -----------  -----------  --------  --------- 
 Ordinary 
  Shares 
  GB00B11SZ269 
  (Mr Roman 
  Abramovich)    42,442,443   42,442,443                             82,442,443             24.96% 
--------------  -----------  -----------  -----------  -----------  -----------  --------  --------- 
 
 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       (xiii)       Period (xiv)              may 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 
 financial        price       date         Conversion    rights instrument         rights (xix, 
 instrument                   (xvii)       period        refers to                 xx) 
                                           (xviii) 
--------------  -----------  -----------  -----------  ------------------------  ------------------- 
                                                                                  Nominal   Delta 
--------------  -----------  -----------  -----------  ------------------------  --------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------- 
 Number of voting rights                   Percentage of voting rights 
----------------------------------------  ---------------------------------------------------------- 
 Ervington Investments Limited: 
  82,442,443                               24.96% 
----------------------------------------  ---------------------------------------------------------- 
 Mr Roman Abramovich: 82,442,443           24.96% 
----------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------------------- 
 
                                       Ervington Investments Limited holds a direct interest 
                                                                                   of 24.96% 
 
                                    Mr Roman Abramovich holds an indirect interest of 24.96% 
                                                       through Ervington Investments Limited 
 
 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:                                     Calculated on the basis of 
                                                                 330,322,765 Ordinary Shares 
                                                                                   in issue. 
-------------------------------------------------------------  ----------------------------- 
 14. Contact name:                                                             Andre De Cort 
-------------------------------------------------------------  ----------------------------- 
 15. Contact telephone number:                                              [phone] 
-------------------------------------------------------------  ----------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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February 05, 2018 02:00 ET (07:00 GMT)