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Holding(s) in Company

Thu, 1st Sep 2016 14:37

RNS Number : 7300I
Polemos PLC
01 September 2016

1 September 2016

Polemos plc

("Polemos" or the "Company")

Holding(s) in Company

The Board of Polemos announces that the Company has received the following TR-1 notification which is set out below.

For further information, please contact:

Polemos plc

Jason Berry, Non-Executive Director

Hamish Harris, Executive Chairman

+44 (0)20 7440 0640

Beaumont Cornish Limited (Nominated Adviser and Broker)

James Biddle/Michael Cornish

+44 (0)20 7628 3396

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

POLEMOS PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

v

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

An event changing the breakdown of voting rights

Other (please specify):

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

Pelamis Investments Limited

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

Mr David Christian Steinepreis

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

31 August 2016

6. Date on which issuer notified:

1 September 2016

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

11.15%

8. Notified details:

A: Voting rights attached to shares

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

Direct

Direct

Indirect

Direct

Indirect

ORD NPV

150,000,500

150,000,500

75,000,000

75,000,000

95,000,500

4.92%

6.23%

GB0032654641

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ Conversion Period

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date

Exercise/ Conversion period

Number of voting rights instrument refers to

% of voting rights

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

170,000,500

11.15%

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

Pelamis Investments Limited hold 75,000,000 shares in Polemos Plc.

Mr David Christian Steinepreis holds 95,000,500 shares in Polemos Plc in his own name but he is a director of Pelamis Investments Limited

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

Linda Dowding

15. Contact telephone number:

01481 720581

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