RNS Number : 5419D
Amiad Water Systems Ltd
07 July 2016
 

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

 

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

Amiad Water Systems Ltd

B0P0D83 GB

IL0010943905

 

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

An acquisition or disposal of voting rights

Y

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

N

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

N

An event changing the breakdown of voting rights

N

Other (please specify):

 

N

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

Kleinwort Benson Investors Dublin Ltd. As controller of the voting rights directly or indirectly via a subsidiary.

4. Full name of shareholder(s)
 (if different from 3.):

Kleinwort Benson Investors Dublin Ltd

KBI Institutional Water Fund

KBI Eco Water Fund

KBI Institutional GESS Fund

OP Clean Water Fund

 

Kleinwort Benson Investors International Ltd (Subsidiary of Kleinwort Benson Investors Dublin Ltd)

KBI DST Water Fund

Los Angeles Fire & Police System

Painters & Allied Trades District

Park Foundation Inc

Sonen Capital LLC

KBI Water Fund

Virtus Essential Resources Fund

 

5. Date of the transaction and date on
which the threshold is crossed or
reached:

1st July 2016

6. Date on which issuer notified:

6th July 2016

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

The position has fallen below 10%.

     

 

8. Notified details:

A: Voting rights attached to shares

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

Direct

Direct

Indirect

Direct

Indirect

 

2,381,518

2,381,518

2,242,657

0

2,242,657

0

9.90%

IL0010943905

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date

Exercise/
Conversion Period

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

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date

Exercise/
Conversion period

Number of voting rights instrument refers to

 

% of voting rights

 

 

 

 

 

 

 

Nominal

Delta

 

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

2,242,657

9.90%

                 
 

 

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

 

 

 

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:


The change in beneficial ownership figure was not as a result of a transaction. OP Clean Water Fund terminated Kleinwort Benson Investors Dublin Ltd as investment manager as of close of business on 30.06.2016. As a result, Kleinwort Benson Investors Dublin Ltd was no longer in control of the shares as of 01.07.2016, but the underlying beneficial holder did not change. The shares were taken off the Kleinwort Benson Investors Dublin Ltd systems on 04.07.2016 and Kleinwort Benson Investors Dublin Ltd became aware that it now controlled less than 10% of the holdings on 05.07.2016.

 

14. Contact name:

Elaine Staveley

compliance@kbinvestors.com

15. Contact telephone number:

+353 1 438 4492

   

 


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