29 Nov 2016 17:48
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
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1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | NextEnergy Solar Fund Limited  |  | ||||
2 Reason for the notification (please tick the appropriate box or boxes): | Â | |||||
An acquisition or disposal of voting rights | Â | |||||
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | Â | |||||
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | Â | |||||
An event changing the breakdown of voting rights | X | Â | ||||
Other (please specify): | Â | |||||
3. Full name of person(s) subject to thenotification obligation: iii | Prudential plc group of companies | Â | ||||
4. Full name of shareholder(s)  (if different from 3.):iv |  Prudential plc The Prudential Assurance Company Limited M&G Group Limited M&G Limited M&G Investment Management Limited  |  | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 25 November 2016 | Â | ||||
6. Date on which issuer notified: | 28 November 2016 | Â | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 23% - 17% | Â | ||||
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8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
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 x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
RED ORD NPV GG00BJ0JVY01 | 77,080,615 | 77,080,615 | 77,663,615 | 0 | 77,663,615 | 0 | 17.12% | |||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
RED ORD NPV GG00BJ0JVY01 (Right of recall) | 1,369,154 | 0.30% | ||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to  | % of voting rights xix, xx  | |||||||||||
  | Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
79,032,769 | 17.42% | |||||||||||||||
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9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
 Prudential plc (parent Company) - 79,032,769 (17.42%) The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc) - 74,919,622 (16.52%) M&G Group Limited (wholly owned subsidiary of Prudential plc) - 79,032,769 (17.42%) M&G Limited (wholly owned subsidiary of M&G Group Limited) - 79,032,769 (17.42%) M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) - 79,032,769 (17.42%) | ||
Proxy Voting: | ||
10. Name of the proxy holder: | N/A | |
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |
13. Additional information: | ||
14. Contact name: | John Baker / Owen Smith M&G Investment Management Limited | |
15. Contact telephone number: | 020 7548 2561 / 020 7004 4517 | |
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