6 Oct 2010 12:28
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||||
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii | KSK Power Ventur plc ("KSK" or the "Company") | ||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||
An acquisition or disposal of voting rights |
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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): | Decrease in holding by virtue of further issue of shares by the Company
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3. Full name of person(s) subject to the notification obligation: iii | Sayi Energy Ventur Limited (the holding company through which Sayi Power Energy Limited, Executive Directors Mr. Kishore and Mr. Sastry as well as GE Capital hold their interest in the Company) | ||||
4. Full name of shareholder(s) (if different from 3.):iv | See Section 9 | ||||
5. Date of the transaction and date on which the threshold is crossed or reached: v | 4 October 2010 | ||||
6. Date on which issuer notified: | 5 October 2010 | ||||
7. Threshold(s) that is/are crossed or reached: vi, vii | N/A | ||||
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 | ||||||||||||
Ord 0.1p shares IM00B1G29327 | 96,778,750 | 96,778,750 | 96,778,750 | 96,778,750 |
| 63.76% |
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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 | ||||||||||||
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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
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| Nominal | Delta | ||||||||||
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Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
96,778,750 | 63.76% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi | ||
Sayi Energy Ventur Limited (the holding company through which Sayi Power Energy Limited, Executive Directors Mr. Kishore and Mr. Sastry as well as GE Capital hold their interest in the Company) holds 96,778,750 ordinary shares of KSK Power Ventur plc.
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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 | |
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13. Additional information: |
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14. Contact name: | Mr. K.V. Krishna Murthy | |
15. Contact telephone number: | +91 40 2355 9922 | |