14 Dec 2016 10:58
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
Dialight plc
2. Reason for the notification:
An event changing the breakdown of voting rights - see box 9
3. Full name of person(s) subject to the notification obligation:
Sterling Strategic Value Limited (to be renamed Sterling Strategic Value Fund S.A. with effect from 1 January 2017)
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
12 December 2016
6. Date on which issuer notified:
13 December 2016
7. Threshold(s) that is/are crossed or reached:
Voting rights of Sterling Strategic Value Limited - below 3%
8. Notified details:
A: Voting rights attached to shares
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 | % of voting rights | |||
Indirect | Direct | Indirect | Direct | Indirect | |||
Ordinary shares GB0033057794 | 710,000 | 710,000 | 702,750 | 702,750 | Below 3% | ||
B: Financial Instruments
Resulting situation after the triggering transaction | ||||
Type of financial instrument | Expiration date | Exercise/Conversion Period/Date | 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
Type of financial instrument | Exercise Price | Expiration Date | Exercise/Conversion Period/Date | Number of Voting Rights Instrument Refers to | % of voting rights | |
Nominal | Delta | |||||
Total (A+B+C)
Number of voting rights | % of voting rights |
702,750 | Below 3% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Until 12 December 2016, Gritlot Limited controlled the majority of voting rights of Sterling Strategic Value Limited.Dr. Tito Tettamanti controls 100% of the voting rights of Gritlot Limited.With effect from 12 December 2016 Gritlot Limited ceased to be a controlling shareholder of Sterling Strategic ValueLimited. Therefore, with effect from 12 December 2016, neither Dr. Tito Tettamanti nor Gritlot Limited has a notifiableindirect interest in Dialight Plc.
10. Name of the proxy holder:
11. Number of voting rights proxy holder will acquire:
12. Date on which proxy holder will acquire voting rights:
13. Additional information:
This disclosure has been calculated based on issued share capital amount of 32,504,066
14. Contact name:
Fabien Tardito - +337.93.10.61.40
Dialight plc - Chris Fussell (020 3058 3546)
Date: 14 December 2016
Dialight (DIA)