11th Dec 2009 08:27
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
Clean Air Power Ltd
2. Reason for the notification (please state Yes/No): ( )
An acquisition or disposal of voting rights: (Yes)
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (No)
An event changing the breakdown of voting rights: (No)
Other (please specify): (No)
3. Full name of person(s) subject to the notification obligation (iii):
CSFB Strategic Partners Holdings II, L.P.
4. Full name of shareholder(s) (if different from 3.) (iv):
N/A
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
8 December 2009
6. Date on which issuer notified:
9 December 2009
7. Threshold(s) that is/are crossed or reached:
33%
8. Notified details:
A: Voting rights attached to shares
|
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction (vi) |
|
|
|
Number of shares |
Number of voting Rights (viii) |
|
BMG2287M1047 |
- |
- |
Resulting situation after the triggering transaction (vii)
|
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights (ix) |
% of voting rights |
||
|
|
Direct |
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
|
BMG2287M1047 |
18,453,450 |
18,453,450 |
- |
33.08% |
- |
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
|
Type of financial instrument |
Expiration Date (xiii) |
Exercise/Conversion Period/ Date (xiv) |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|
Warrant over common shares |
13 April 2011 |
14 April 2008 to 13 April 2011 |
1,312,467 |
2.07% |
|
Warrant over common shares |
3 July 2011 |
4 July 2008 to 3 July 2011 |
1,093,230 |
1.72% |
|
Warrant over common shares |
7 October 2011 |
8 October 2008 to 7 October 2011 |
1,562,500 |
2.46% |
|
Warrant over common shares |
14 December 2011 |
15 December 2008 to 14 December 2011 |
1,873,380 |
2.95% |
|
Warrant over common shares |
5 February 2012 |
6 February 2009 to 5 February 2012 |
965,676 |
1.52% |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
|
Type of financial instrument |
Exercise price |
Expiration Date (xvii) |
Exercise/ Conversion Period/ Date (xviii) |
Number of voting rights instrument refers to |
% of voting rights (xIx,xx) |
|
|
Nominal |
Delta |
|||||
|
Warrants |
1,085,574 |
7.66% |
n/a |
Total (A+B+C)
|
Number of voting rights |
% of voting rights |
|
25,260,703 |
39.78% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
N/A
Proxy Voting:
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:
N/A
14. Contact name:
David J. Corey
15. Contact telephone number:
001.415.249.8918
Related Shares:
CAP.L