TIDMCLST TIDMCLSU

RNS Number : 4417G

ClearStar,Inc.

26 May 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                 Clearstar Inc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: 
-------------------------------------------------------------  ---------------------------- 
 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 qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
-----------------------------------------------------------------  ------------------------ 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
-----------------------------------------------------------------  ------------------------ 
 An event changing the breakdown of voting rights 
-----------------------------------------------------------------  ------------------------ 
 Other (please 
  specify): 
---------------------------------------------------------  ------  ------------------------ 
 3. Full name of person(s)                                          Mr Paul Hill and family 
  subject to the 
  notification obligation: 
-----------------------------------------------------------  ------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.): 
-----------------------------------------------------------  ------------------------------ 
 5. Date of the transaction                                                 26(th) May 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  ------------------------------ 
 6. Date on which issuer                                                    26(th) May 2017 
  notified: 
-----------------------------------------------------------  ------------------------------ 
 7. Threshold(s) that is/are                                                       Above 3% 
  crossed or 
  reached: 
-----------------------------------------------------------  ------------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------- 
 Class/type    Situation previous              Resulting situation after the 
 of             to the triggering               triggering transaction 
 shares         transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
------------  ------------------------------  --------------------------------------------------------- 
               Number          Number          Number       Number of                % of voting 
                of              of              of shares    voting                   rights 
                Shares          Voting                       rights 
                                Rights 
------------  --------------  --------------  -----------  -----------------------  ------------------- 
                                               Direct       Direct      Indirect     Direct    Indirect 
------------    ------------   ------------   -----------  ----------  -----------  --------  --------- 
               Below           Below 
 Ordinary      Notifiable       Notifiable 
  1p each      Threshold        Threshold      1,275,000    1,275,000                3.51% 
              --------------  --------------  -----------  ----------  -----------  --------  --------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------- 
 Type of         Expiration     Exercise/                   Number of voting         % of voting 
  financial       date           Conversion                  rights that              rights 
  instrument                     Period                      may be 
                                                             acquired if 
                                                             the 
                                                             instrument 
                                                             is 
                                                             exercised/ 
                                                             converted. 
--------------  -------------  --------------------------  -----------------------  ------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------- 
 Type of        Exercise       Expiration     Exercise/     Number of voting         % of voting 
  financial      price         date           Conversion     rights instrument        rights 
  instrument                                  period         refers to 
-------------  -------------  -------------  ------------  -----------------------  ------------------- 
                                                                                     Nominal   Delta 
-------------  -------------  -------------  ------------  -----------------------  --------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------- 
 Number of voting rights                       Percentage of voting rights 
--------------------------------------------  --------------------------------------------------------- 
 1,275,000                                      3.51% based on 36,302,900 
                                                 shares in issue 
--------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
----------------------------------------------------------------------------- 
 
   Held in nominee accounts 
 
 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: 
-------------------------------------------------------------  -------------- 
 14. Contact name:                                                  Paul Hill 
-------------------------------------------------------------  -------------- 
 15. Contact telephone number:                                  0121 447 7502 
-------------------------------------------------------------  --------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLQQLFLDEFFBBK

(END) Dow Jones Newswires

May 26, 2017 12:21 ET (16:21 GMT)

Clrstar (DI/S) (LSE:CLST)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Clrstar (DI/S) Charts.
Clrstar (DI/S) (LSE:CLST)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Clrstar (DI/S) Charts.