TR-1: notification of major interests in shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Ceres Power Holdings 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 |
X |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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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 notification obligation: |
OppenheimerFunds Inc (OFI) |
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4. Full name of shareholder(s) (if different from 3.): |
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5. Date of the transaction (and date on which the threshold is crossed or reached if different): |
September 10, 2008 |
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6. Date on which issuer notified: |
September 11, 2008 |
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7. Threshold(s) that is/are crossed or reached: |
10% (10.06%) |
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8. Notified details: |
A: Voting rights attached to shares |
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Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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GB00B0351429 OFI |
6,053,400 |
6,053,400 |
6,714,643 |
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6,714,643 |
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10.06% |
B: Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date |
Exercise/ Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
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Total (A+B) |
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Number of voting rights |
% of voting rights |
6,714,643 |
10.06% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
OppenehimerFunds, Inc. owns, as of 9/10/08, 6,714,643 shares equal to 10.06%. of the shares outstanding (66,741,875). |
Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: |
Massachusetts Mutual Life Insurance Company is the parent company of OppenheimerFunds, Inc. |
14. Contact name: |
Jennifer Ryan, Compliance Consultant Massachusetts Mutual Life Insurance Company |
15. Contact telephone number: |
413-744-6618 |