Holding(s) in Company

RNS Number : 5590G

Proton Power Systems PLC

23 October 2008

 



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
	PROTON POWER SYSTEMS PLC

2.	Reason for the notification (please tick the appropriate box or boxes)
	An acquisition or disposal of voting rights		(X)
	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 (specify):		( )

3.	Full name of person(s) subject to the notification obligation:
	Kaupthing Singer & Friedlander Ltd
4.	Full name of shareholder(s) (if different from 3.)
	Kaupthing Singer & Friedlander Ltd
5.	Date of the transaction (and date on which the threshold is crossed or reached if different):
	03.10.2008
6.	Date on which issuer notified:
	21.10.2008
7.	Threshold(s) that is/are crossed or reached:
	3.53%
8.	Notified details:
	2,520,000

A. Voting rights attached to shares

Class/type of shares (if possible using the ISIN code)

GB00B00QHC86

	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
				Direct	Direct	Indirect	Direct	Indirect
		Below 3%	Below 3%	2,520.000	2,520,000		3.53%

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

Total (A+B)

Number of voting rights	% of voting rights
2,520,000	3.53%

9.

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

The shares are held in KSF Ltd Crest account through Kaupthing, Singer & Friedlander Ltd. Kaupthing, Singer & Friedlander Limited is in administration. Kaupthing Singer & Friedlander Limited (the Company) was placed into administration pursuant to a court order made on 8 October 2008. Margaret Elizabeth Mills, Patrick Joseph Brazzill, Thomas Merchant Burton and Alan Robert Bloom were appointed joint administrators of the Company.

Proxy Voting:

10.	Name of the proxy holder:
11.	Number of voting rights proxy holder will cease to hold:
12.	Date on which proxy holder will cease to hold voting rights:

13.	Additional information:	Based on issue share capital of 71,390,863
14:	Contact name:	Mareike Stamm
15.	Contact telephone number:	0203 205 6622

 

END

 

 

HOLUOSORWNRRUAA