2nd Sep 2009 14:32
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
PuriCore plc |
2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
x |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
x |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation: |
Kanton Services Limited |
4. Full name of shareholder(s) (if different from 3.): |
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5. Date of the transaction and date on which the threshold is crossed or reached: |
Please see "Additional Information" section below |
6. Date on which issuer notified: |
28 August 2009 |
7. Threshold(s) that is/are crossed or reached: |
3%, 4%, 5%, 6%, 7%, 8% and 9% |
8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of shares if possible using the ISIN CODE |
Situation previous to the triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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Ordinary |
10,521,739 |
10,521,739 |
18,637,255 |
18,637,255 |
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8.2% |
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GB00B13TCY87 |
B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date |
Exercise/ Conversion Period |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
N/A |
N/A |
N/A |
N/A |
N/A |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Exercise price |
Expiration date |
Exercise/ Conversion period |
Number of voting rights instrument refers to |
% of voting rights |
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Warrant |
30p |
27 August 2011 |
27 August 2008 - 27 August 2011 |
2,705,172 |
Nominal |
Delta |
1.2% |
N/A |
Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
21,342,427 |
9.4% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
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Proxy Voting: |
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10. Name of the proxy holder: |
N/A |
11. Number of voting rights proxy holder will cease to hold: |
N/A |
12. Date on which proxy holder will cease to hold voting rights: |
N/A |
13. Additional information: |
In June 2006, PuriCore plc’s (the “Company”) shares were admitted to trading on the London Stock Exchange and Kanton Services Limited (“Kanton”), an existing shareholder of the Company, held 10,521.739 shares representing 6.9% of the shares and voting rights in the Company. On 30 July 2008, Kanton acquired:- (a) a further 8,115,516 shares in the Company resulting in an aggregate holding of 8.61% of the total shares and voting rights in the Company: and (b) 2,705,172 warrants over 2,705,172 shares in the Company. If exercised such warrants would currently represent approximately 1.2% of the total shares and voting rights in the Company. On 10 August 2009, the Company issued a further 10,810,811 shares resulting in a dilution of Kanton’s shareholdlng In the Company to approximately 8.2% (excluding the warrants referred to above).
Kanton has been listed as a substantial shareholder of the Company on the Company’s website and in its annual accounts since the Company listed In June 2006. However, due to an administrative error, Kanton has not previously filed TR1 notifications with the Company and the FSA in relation to its voting rights in the Company. |
14. Contact name: |
Matthias Bolliger |
15. Contact telephone number: |
+44 7624 319719 |
Related Shares:
RLM.L