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 |
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2. Reason for notification (yes/no) |
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An acquisition or disposal of voting rights |
YES |
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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 notification obligation: |
Generation Investment Management LLP |
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4. Full name of shareholder(s) (if different from 3): |
Generation IM Climate Solutions Fund, L.P. |
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5. Date of transaction (and date on which the threshold is crossed or reached if different): |
15/06/2009 |
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6. Date on which issuer notified: |
17/06/2009 |
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7. Threshold(s) that is/are crossed or reached: |
18% |
8: Notified Details |
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A: Voting rights attached to shares |
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Class/type of shares If possible use 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 |
Percentage of voting rights |
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Direct |
Indirect |
Direct |
Indirect |
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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 |
No. of voting rights that may be acquired (if the instrument exercised/converted) |
Percentage of voting rights |
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Total (A+B) |
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Number of voting rights |
Percentage of voting rights |
18,650,000 |
18.36% |
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. : 18,650,000 18.36% = Total Position |
Proxy Voting: |
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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 as at 15 June 2009. Source: Company Website |
14 Contact name: |
Peter Harris |
15. Contact telephone name: |
020 7534 4700 |