RNS Number : 2972K
CLS Holdings PLC
29 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


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 (see Section 9)

X

Other (please specify):



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

Mr Bengt Mortstedt

 

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

22 December 2015

6. Date on which issuer notified:

22 December 2015

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

Above 6% (no change)


 

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

2,785,412

2,785,412

Nil


2,785,412


6.61%



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

2,785,412 (no change)

6.61% (no change)


 

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

 

1,135,439 Ordinary Shares were transferred from Mr Bengt Mortstedt to Blackbrook Limited (BVI COMPANY), a company in which Mr Bengt Mortstedt owns 100% of its issued share capital and is the sole director.

 

As a result, the following undertakings, which are each directly held and beneficially owned by Bengt Mortstedt, directly hold the following number of shares in the issuer:

 

[Insert Company] Limited - 1,135,439 Ordinary Shares (2.69%)

KB (CI) Nominees Limited - 1,649,973 Ordinary Shares (3.92%)

 

Total 6.61% (no change)


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 Bengt Mortstedt in the issuer remains unchanged.

 

14. Contact name:

Bengt Mortstedt

15. Contact telephone number:

+44 780 170 3879   /    +1784 458 1600

 

 

Note: Annex should only be submitted to the FCA not the issuer

Annex: Notification of major interests in share


A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

 

Mr Bengt Mortstedt

Contact address

(registered office for legal entities)

 

Friendship Bay, Bequia VC200

Phone number & email

 

B@MORTSTEDT.COM  +44 780 170 3879 

Other useful information

(at least legal representative for legal persons)

 




B: Identity of the notifier, if applicable

Full name

 

[not applicable if BM is to submit himself]

Contact address

 


Phone number & email

 


Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)



C: Additional information

NA

 

 


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