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: |
Zenergy Power Plc |
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2. Reason for the notification (please tick the appropriate box or boxes) |
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An acquisition or disposal of voting rights |
x |
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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 the notification obligation: |
Pictet Asset Management SA |
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4. Full name of shareholder(s) (if different from 3.): |
See Above |
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5. Date of the transaction (and date on which the threshold is crossed or reached if different): |
22nd January 2010 |
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6. Date on which issuer notified: |
26th January 2010 Note: for release on 28th January following admission of the new Placing shares |
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7. Threshold(s) that is/are crossed or reached: |
3% |
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8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of shares if possible using the 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 viii |
Number of shares |
Number of voting rights ix |
% of voting rights |
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Direct |
Direct x |
Indirect xi |
Direct |
Indirect |
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Ordinary Shares GB00B19HBR28 |
1'487'099 |
1'487'099 |
0 |
0 |
2'570'099 |
0 |
3.73% |
B: Financial Instruments |
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Resulting situation after the triggering transaction xii |
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Type of financial instrument |
Expiration date xiii |
Exercise/ Conversion Period/ Date xiv |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
N/A |
N/A |
N/A |
N/A |
N/A |
Total (A+B) |
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Number of voting rights |
% of voting rights |
2'570'099 |
3.73% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable xv: |
Pictet Funds (LUX) - Clean Energy Fund, 2'393'930 (3.47%) |
Proxy Voting: |
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10. Name of the proxy holder: |
Pictet Asset Management SA |
11. Number of voting rights proxy holder will cease to hold: |
Not Applicable |
12. Date on which proxy holder will cease to hold voting rights: |
Not Applicable |
13. Additional information: |
This disclosure corrects the disclosure made by Pictet Asset Management SA in Zenergy Power, dated 25/01/2010 at 4.92% of the issued share capital and voting rights. The error in the % calculation in the previous disclosure is due to an increase in issued share capital in Zenergy Power dated 22/01/2010, following a private placement of newly issued share capital. (not released to the market) Note: This notification is for release on 28th January following admission of the new Placing shares |
14. Contact name: |
David Cawthrow, Head of Compliance |
15. Contact telephone number: |
+44 (0)20 7847 5040 |