Holding(s) in Company

RNS Number : 8392R

Dialight PLC

14 December 2016

 

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 (ii):

Dialight plc

2. Reason for the notification:

An acquisition or disposal of voting rights

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

Sterling Strategic Value Limited (to be renamed Sterling Strategic Value Fund S.A. with effect from 1 January 2017)

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

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

9 December 2016

6. Date on which issuer notified:

13 December 2016

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

 Voting rights of Sterling Strategic Value Limited - below 3%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares	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
			Indirect	Direct	Indirect	Direct	Indirect
Ordinary shares GB0033057794	1,450,000	1,450,000	710,000	710,000		Below 3%

B: Financial Instruments

Resulting situation after the triggering transaction
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

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Type of financial instrument	Exercise Price	Expiration Date	Exercise/Conversion Period/Date	Number of Voting Rights Instrument Refers to	% of voting rights
					Nominal	Delta

Total (A+B+C)

Number of voting rights	% of voting rights
710,000	Below 3%

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

Until 12 December 2016, Gritlot Limited controlled the majority of voting rights of Sterling Strategic Value Limited.
Dr. Tito Tettamanti controls 100% of the voting rights of Gritlot Limited.
With effect from 12 December 2016 Gritlot Limited ceased to be a controlling shareholder of Sterling Strategic Value
Limited. Therefore, with effect from 12 December 2016, neither Dr. Tito Tettamanti nor Gritlot Limited has a notifiable
indirect interest in Dialight Plc.

10. Name of the proxy holder:

11. Number of voting rights proxy holder will acquire:

12. Date on which proxy holder will acquire voting rights:

13. Additional information:

This disclosure has been calculated based on issued share capital amount of 32,504,066

14. Contact name:

Fabien Tardito - +337.93.10.61.40

Dialight plc - Chris Fussell (020 3058 3546)

Date:   14 December 2016

 

END

 

 

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