28 September 2010
Camco International Ltd
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
CAMCO INTERNATIONAL LTD |
2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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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:
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Generation Investment Management LLP |
4. Full name of shareholder(s) (if different from 3.):
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Generation IM Climate Solutions Fund, L.P |
5. Date of the transaction and date on which the threshold is crossed or reached:
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27/9/2010 |
6. Date on which issuer notified:
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28/09/2010 |
7. Threshold(s) that is/are crossed or reached:
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Below 3% |
8. Notified details: |
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A: Voting rights attached to shares
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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GB00B11FB960 |
34,500,000 |
34,500,000 |
0 |
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0 |
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0% |
B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction
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Type of financial |
Expiration |
Exercise/ |
Number of voting
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% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction
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Type of financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights
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Nominal |
Delta
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Total (A+B+C)
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Number of voting rights |
Percentage of voting rights |
0 |
0% |
9. Chain of controlled undertakings through which the voting rights and/or the |
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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:
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14. Contact name:
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Scott McGregor |
15. Contact telephone number:
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0207 1216100 |
Enquiries:
KBC Peel Hunt Ltd (Nominated Adviser and Broker) |
+44 (0)20 7418 8900 |
Jonathan Marren |
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David Anderson |
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Notes to editors:
About Camco
Camco International Limited (Camco, AIM:CAO) is a global developer of emission reductions and clean energy projects with operations in the US, the UK, China, Africa, Russia and SEA. Camco has a 20 year track record in project development, technical delivery and policy development, working with local industry, multinational companies, governments and regulatory bodies.
Camco's Clean Energy Project Development and Investment teams collaborate with industry, project developers, equipment providers and investor groups to create emissions-to-energy projects and maximise sustainable energy production across a range of industries; including agricultural methane, industrial energy efficiency, coal mine methane, municipal solid waste, biomass and landfill gas.
The Carbon Project Development business has created one of the largest emission reductions portfolios and has structured groundbreaking and innovative arrangements for the sale and delivery of emission reductions to compliance and voluntary buyers.
The Energy and Carbon Advisory teams provide strategic, commercial and technical expertise accrued over two decades to deliver low carbon energy and sustainable development solutions.
www.camcoglobal.com