21st Jan 2015 17:00
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | APR ENERGY PLC | ||||
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) subject to thenotification obligation: iii | GENERAL ELECTRIC COMPANY | ||||
4. Full name of shareholder(s) (if different from 3.):iv | |||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | The threshold was crossed on 24 October 2014 | ||||
6. Date on which issuer notified: | Form TR-1 received by issuer on 21 January 2015 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 17% | ||||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
GB000B58D4C52 | 16,055,6481 | 16,055,6481 | 15,453,129 | 15,453,129 | 499,853 | 16.39% | 0.53% | |||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||||||||||
| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
15,952,9822 | 16.92%2 | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
15,453,129 voting rights are held directly by General Electric International Inc.
Prior to the triggering transactions effected on the 24 October 2014, 656,044 shares were held indirectly by GE Asset Management. GE Asset Management and General Electric International Inc. are both wholly owned subsidiaries of General Electric Company.
On 24 October 2014 GE Asset Management sold 156,191 shares in APR Energy PLC.
As a result of this transaction General Electric's combined direct and indirect shareholding fell below the 17% threshold to 16.92%.
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: |
1. The shares disposed of were held indirectly by General Electric Company through the following funds managed by GE Asset Management and for which GE Asset Management has voting discretion over the shares held by the funds: State of Tennessee, Tennessee Consolidated Retirement System, LPI Atiker Europa III, the General Electric Pension Trust and GE Asset Management Funds PLC - GEAM Europe Equity Fund.
2. The total number of voting rights/ percentage of voting rights includes the voting rights held indirectly by General Electric Company through funds managed by GE Asset Management, as referred to above in Note 1. | |
14. Contact name: | Brian Henry | |
15. Contact telephone number: | T: (+1) (678) 844-5665
M: (+1) (404) 293-8893
| |
Note: Annex should only be submitted to the FCA not the issuer | |
Annex: Notification of major interests in share | |
A: Identity of the persons or legal entity subject to the notification obligation | |
Full name (including legal form of legal entities)
| General Electric Company |
Contact address (registered office for legal entities)
| 3135 Easton Turnpike Fairfield, CT 06828-0001 United States |
Phone number & email
| Telephone: (+1) (678) 844-5665
Email: [email protected] |
Other useful information (at least legal representative for legal persons)
| Executive Counsel, M&A |
B: Identity of the notifier, if applicable | |
Full name
| General Electric Company |
Contact address
| 3135 Easton Turnpike Fairfield, CT 06828-0001 United States |
Phone number & email
| Telephone: (+1) (678) 844-5665
Email: [email protected] |
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) | Executive Counsel, M&A |
C: Additional information | |
For notes on how to complete form TR-1 please see the FCA website. |
Related Shares:
APR.LGEC.L