27 May 2009 12:40
For Immediate Release | 27 May 2009 |
Clean Air Power Ltd
("Clean Air Power" or "the Company")
Holding in Company
Clean Air Power, the developer of Dual-Fuel™ combustion technology that enables heavy-duty diesel engines to operate on a combination of diesel and natural gas, announces that it has received notification of a change of interest in share capital following the admission to trading of an additional 10,883,706 common shares of US$0.001 in the Company on 14 May 2009.
Details are as follows:
Date Notification Received | Holder of Voting Rights | Total Shareholding | Percentage of Voting Rights |
26 May 2009 | UBS Global Asset Management - IFS | Below Notifiable Threshold | Below Notifiable Threshold |
For further information please contact:
Clean Air Power +44 (0)1494 527110
John Pettitt, Chief Executive
Peter Rowse, Finance Director
Buchanan Communications +44 (0)20 7466 5000
Charles Ryland
Ben Willey
Ben Romney
Canaccord Adams Ltd +44 (0)20 7050 6500
Robert Finlay
Bhavesh Patel
Guy Blakeney
Notes to Editors
About Clean Air Power
Clean Air Power is the developer and provider of Dual-Fuel™ combustion technology for heavy duty diesel engines. Dual-Fuel™ engines substantially cut fuel costs and carbon emissions without sacrificing the original engine's characteristic efficiency or reliability. Clean Air Power is well positioned to assist corporations and governments to deliver on their environmental commitments while at the same time reducing transport operators overheads.
Initially founded in the USA in 1991, around £40m has been invested in developing the technology with the result that 63 patents are currently held or pending. The holding company of the Group is based in Bermuda with operational subsidiaries in the UK, the USA and Australia. The Group was admitted to the AIM market of the London Stock Exchange in February 2006.
Further information on Clean Air Power is available at www.cleanairpower.com