TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
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1. Identity of the issuer or the underlying issuer |
Active Energy Group Plc |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the |
Ruffer LLP (for its discretionary clients of the Ruffer Group) |
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4. Full name of shareholder(s) |
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5. Date of the transaction and date on |
02 July 2015 |
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6. Date on which issuer notified: |
02 July 2015 |
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7. Threshold(s) that is/are crossed or |
Below 5% to 8% |
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8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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GB00B1YMN108 |
26,491,002
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26,491,002
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46,491,002
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46,491,002
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- |
8% |
- |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date xvii |
Exercise/ |
Number of voting rights instrument refers to
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% of voting rights xix, xx
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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46,491,002 |
8% |
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9. Chain of controlled undertakings through which the voting rights and/or the |
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N/A |
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Proxy Voting: |
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10. Name of the proxy holder: |
N/A |
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11. Number of voting rights proxy holder will cease |
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12. Date on which proxy holder will cease to hold |
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Ruffer LLP now controls the voting rights over 46,491,002 shares (8% of the voting rights) of Active Energy Group Plc which are held by the discretionary clients of Ruffer LLP and its subsidiaries (the voting of which is all controlled by Ruffer LLP). This change from below 5% to 8% is due to a placing of 20,000,000 new ordinary shares in which Ruffer LLP purchased 20,000,000 of these new shares. The new shares were admitted to the market on 02 July 2015. |
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14. Contact name: |
Louise Stanway |
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15. Contact telephone number: |
020 7963 8146 |
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