Director/PDMR Shareholding

RNS Number : 6214J
Clean Energy Brazil PLC
18 July 2013
 



Annex DTR3

 

Notification of Transactions of Directors/Persons Discharging Managerial Responsibilities and Connected Persons

 

All relevant boxes should be completed in block capital letters.

1.

Name of the issuer                

 

Clean Energy Brazil PLC

2.

State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2 R, (ii) a disclosure made in accordance with LR 9.8.6R(1) or (iii) a disclosure made in accordance with section 793 of the Companies Act (2006)

 

(i)            DTR 3.1.2R

3.

Name of person discharging managerial responsibilities/director

 

Eitan Milgram and Josef (Yossi) Raucher

4.

State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person

 

The notification relates to persons connected with the directors named in 3.  Eitan Milgram is the Executive Vice President and Treasurer of WAM GP LLC, the General Partner of Weiss Asset Management LP, the Investment Manager of Brookdale International Partners, L.P. and Brookdale Global Opportunity Fund.  Josef (Yossi) Raucher is an Analyst at Weiss Asset management LP, the Investment Manager of Brookdale International Partners, L.P. and Brookdale Global Opportunity Fund. 

5.

Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 of the above or in respect of a non-beneficial interest1

 

All shares of the issuer are owned by funds managed by Weiss Asset Management LP.  Eitan Milgram and Josef (Yossi) Raucher do not own any shares in the issuer directly.

6.

Description of shares (including class), debentures or derivatives or financial instruments relating to shares

 

Ordinary Shares

7.

Name of registered shareholder(s) and, if more than one, the number of shares held by each of them

 

Bank of New York Mellon: 87,007,570 shares

8.

State the nature of the transaction

 

Disposition

9.

Number of shares, debentures or financial instruments relating to shares acquired

 

N/A

 

10.

Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage)

 

N/A

11.

Number of shares, debentures or financial instruments relating to disposed

 

54,000 shares

 

12.

Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage)

 

0.04%

13.

Price per share or value of transaction

 

GBP 0.07111 per share

14.

Date and place of transaction

 

17 July 2013, London

15.

Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage)

 

 87,007,570 shares; 65.08%

16.

Date issuer informed of transaction

 

17 July 2013

 

 

 

 

 

                                                                                                                                                                                               

 

If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes

17.

Date of grant

 

N/A

 

 

18.

Period during which or date on which exercisable

 

N/A

19.

Total amount paid (if any) for grant of the option

 

N/A

20.

Description of shares or debentures involved (class and number)

 

N/A

21.

Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise

 

N/A

 

22.

Total number of shares or debentures over which options held following notification

 

N/A

 

23.

Any additional information

 

 

24.

Name of contact and telephone number for queries

 

Clean Energy Brazil PLC

Graham Smith: IOMA Fund and Investment Management Limited

Telephone: +44 (0)1624 681306

 

Weiss Asset Management LP

c/o Daniel Bradford

222 Berkeley St., 16th Floor,

Boston, MA 02116, USA

+1-617-778-7780

 

Name of authorised official of issuer responsible for making notification

 

 

Date of notification:

 

 

Notes:      This form is intended for use by an issuer to make a RIS notification required by DTR 3.1.4.3.

(1)   An issuer making a notification in respect of a transaction relating to shares or debentures of the issuer should completed boxes 1 to 16, 23 and 24

(2)   An issuer making a notification in respect of a derivative relating the shares of the issuer should complete boxes 1 to 4, 6, 8, 13, 14, 16, 23 and 24.

(3)   An issuer making a notification in respect of options granted to a director/person discharging managerial responsibilities should complete boxes 1 to 3 and 17 to 24.

(4)   An issuer making a notification in respect of a financial instrument relating to the shares of the issuer (other than a debenture) should complete boxes 1 to 4, 6, 8, 9, 11, 13, 14, 16, 23 and 24.


This information is provided by RNS
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