We would like to inform you that UBS Group AG has
fallen below the reportable threshold of 5% of the
share capital in REC Silicon ASA (NO0010112675).
Please let this serve you as our disclosure as set
forth below:
Name of the person obliged to notify:
UBS Group AG
Residing at:
Bahnhofstrasse 45, CH-8001 Zurich
Date of event:
7 July 2016
Event triggering the notification:
Disposal of shares
Total disposed shares:
69'342'638 shares
Total new holding:
65'913'240 shares representing 2.59% of the
2'543'818'785 voting rights and of the share capital.
56'605'781 shares are held directly by UBS AG, a
subsidiary of UBS Group AG. 9'307'459 shares are held
indirectly by UBS AG through UBS Switzerland AG
(8'342'826 shares), UBS Fund Management (Switzerland)
AG (567'384 shares), UBS Asset Management (Singapore)
Ltd (310'351 shares) and UBS Asset Management Life
Limited (86'898 shares).
This notification has also been sent to the issuer.
If you have any questions regarding this disclosure,
please contact Jamie Bonney on +41-44-239 80 58 in
Zurich.