RNS Number : 1779J
CLS Holdings PLC
15 December 2015
 

 

 

 

 

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

 

 

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

CLS Holdings plc

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

An acquisition or disposal of voting rights

X

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: iii

Sten Mortstedt

(indirect holder of voting rights)

 

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

14 December 2015

6. Date on which issuer notified:

15 December 2015

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

Above 50%

      
 

 

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

GB0001592475

Nil

Nil

Nil

 

21,360,960

 

50.69%

 

 

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

 

 

 

 

 

 

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

 

 

 

 

 

 

 

Nominal

Delta

 

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

21,360,960

50.69%

                 
 

 

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

 

The following undertakings, which are each directly held and beneficially owned by Sten Mortstedt, directly hold the following number of shares in the issuer:

 

Creative Value Investment I Limited: 8,145,341 Ordinary Shares (19.33%)

Creative Value Investment II Limited: 6,094,828 Ordinary Shares (14.46%)

Creative Value Investment III Limited: 7,120,791 Ordinary Shares (16.9%)

 

Total 50.69%

 

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:


As a result of the transaction set out in this form, the beneficial interest of Sten Mortstedt in the issuer remains unchanged.

 

14. Contact name:

Peter Zonabend

15. Contact telephone number:

+41 81 252 55 47

   

 


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