Last checked at 25 Oct 2010 10:42
| TR-1: Notifications of Major Interests in Shares | |||
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | CLS HOLDINGS PLC | ||
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2. Reason for notification (yes/no) | |||
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An acquisition or disposal of voting rights | YES Acquisition | ||
| An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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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 notification obligation: |
1. AVI Focused Fund | ||
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4. Full name of shareholder(s) (Registered Holders) |
Chase Nominees A/C 54601 1,422,552 (3.05%)
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5. Date of transaction (and date on which the threshold is crossed or reached if different): |
19 October 2010 | ||
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6. Date on which issuer notified: |
25 October 2010 | ||
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7. Threshold(s) that is/are crossed or reached: |
3% | ||
| 8: Notified Details | |||||||
| A: Voting rights attached to shares
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| Class/type of shares
| 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 | Percentage of voting rights | |||
| Direct | Indirect | Direct | Indirect | ||||
| GB0001592475 1,317,979 1,317,979 1,422,552 1,422,552 0 3.05% 0% Ordinary Shares | |||||||
| B: 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/date | No. of voting rights that may be acquired (if the instrument exercised/converted) | Percentage of voting rights |
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N / A |
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| Total (A+B)
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| Number of voting rights | Percentage of voting rights |
| 1,422,552 | 3.05% |
| 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: |
| JPMorgan Chase Nominees acts as custodian for AVI Focused European Fund
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| Proxy Voting:
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| 10. Name of proxy holder:
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| 11. Number of voting rights proxy holder will cease to hold:
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| 12. Date on which proxy holder will cease to hold voting rights:
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| 13. Additional information:
| Asset Value Investors acts as discretionary fund manager for all shares mentioned in 8. |
| 14 Contact name:
| Asset Value Investors Limited Daniel Sadler |
| 15. Contact telephone name:
| 0207 647 2919 |