26 May 2017 17:21
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
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1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: | Clearstar Inc | |||
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 |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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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 thenotification obligation: | Mr Paul Hill and family | |||
4. Full name of shareholder(s) (if different from 3.): |
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5. Date of the transaction and date onwhich the threshold is crossed orreached: | 26th May 2017 | |||
6. Date on which issuer notified: | 26th May 2017 | |||
7. Threshold(s) that is/are crossed orreached: | Above 3% | |||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares | ||||||||||||||||
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 | ||||||||||||
Direct | Direct | Indirect | Direct | Indirect | ||||||||||||
Ordinary 1p each | Below Notifiable Threshold | Below Notifiable Threshold | 1,275,000 | 1,275,000 |
| 3.51% |
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B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate | Exercise/Conversion Period | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date | Exercise/Conversion period | Number of voting rights instrument refers to
| % of voting rights
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| Nominal | Delta | ||||||||||
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Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
1,275,000 | 3.51% based on 36,302,900 shares in issue | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | ||
Held in nominee accounts | ||
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Proxy Voting: | ||
10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will ceaseto hold: |
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12. Date on which proxy holder will cease to holdvoting rights: |
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13. Additional information: |
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14. Contact name: | Paul Hill | |
15. Contact telephone number: | 0121 447 7502 | |