Holding(s) in Company

RNS Number : 1172T

Gas Turbine Efficiency PLC

01 June 2009

 



TR-1: Notifications of Major Interests in Shares
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		Gas Turbine Efficiency plc
2. Reason for notification (yes/no)
An acquisition or disposal of voting rights			YES
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify): Dilution due to share capital increase
3. Full name of person(s) subject to notification obligation:	Generation Investment Management LLP
4. Full name of shareholder(s) (if different from 3):	Generation IM Climate Solutions Fund, L.P.
5. Date of transaction (and date on which the threshold is crossed or reached if different):	Trade Date: 26/05/09 Date threshold crossed: 29/05/09 (admission of Placing Shares)
6. Date on which issuer notified:	01/06/09
7. Threshold(s) that is/are crossed or reached:	15%

8: Notified Details
A: Voting rights attached to shares:
Class/type of shares If possible use 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		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
GB00B0R7HM49	4,960,000	4,960,000	15,660,000		15,660,000		15.41%

B: Financial Instruments: - N/A
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights

Total (A+B)
Number of voting rights	Percentage of voting rights
15,660,000	15.41%

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

Generation Investment Management LLP - Indirect: Generation IM Climate Solution Fund, L.P. : 15,660,000 15.41% = Total Position

Proxy Voting:
10. Name of proxy holder:	N/A
11. Number of voting rights proxy holder will cease to hold:	N/A
12. Date on which proxy holder will cease to hold voting rights:	N/A

13. Additional information:	Notification is based on using the total voting rights figure of 101,597,594
14 Contact name:	Peter Harris
15. Contact telephone number :	020 7534 4700

 

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