Trading Emis Regulatory News (TRE)



Regulatory News for Trading Emis (TRE)


Share Price: 31.00Bid: 31.00Ask: 31.75Change: -0.25 (-0.80%)Faller - Trading Emis
Spread: 0.75Spread as %: 2.42%Open: 31.00High: 31.00Low: 31.00Yesterday’s Close: 31.25





Holding(s) in Company

Tue, 24th Jul 2012 10:49

RNS Number : 3533I
Trading Emissions PLC
24 July 2012
 

?

 




TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii

Trading Emissions PLC

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

x

An event changing the breakdown of voting rights


Other (please specify):



3. Full name of person(s) subject to the
notification obligation:
iii

Praxient Capital LLP

4. Full name of shareholder(s)
 (if different from 3.):iv

Praxient Panther Master Fund Limited

Praxient Jaguar Master Fund Limited

Blackwell Partners LLC

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

Date of transaction is 20th July 2012 and date when threshold is crossed is 25th July 2012

6. Date on which issuer notified:

24th July 2012

7. Threshold(s) that is/are crossed or
reached:
vi, vii

Holding reached 7% by Praxient Panther Master Fund Limited. Holding reached 4% by Blackwell Partners LLC. Total holdings by accounts managed by Praxient Capital LLP reached 12%

 



 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

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 xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

CFD

N/A

N/A

N/A

30,000,000

Nominal

Delta

12.0096

12.0096


Total (A+B+C)

Number of voting rights

Percentage of voting rights

30,000,000

12.0096%



 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

 

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:

Chris Fincke

15. Contact telephone number:

0207 291 7312

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLPGUCCMUPPUBC


Related Shares: Trading Emissions (TRE).




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