TIDMUTW

RNS Number : 0681S

Utilitywise plc

16 December 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
-------------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                                         Utilitywise Plc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
--------------------------------------------------------------------------  ---------------------------------------- 
 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) subject                                                Woodford Investment Management Ltd 
  to the                                                                                                ("Woodford") 
  notification obligation: (iii) 
--------------------------------------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                                                                  Clients of Woodford 
  (if different from 3.):(iv) 
--------------------------------------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                                                                      14/12/2016 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                                                                        15/12/2016 
--------------------------------------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                                             29% 
--------------------------------------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type       Situation previous                Resulting situation after the triggering 
  of               to the triggering                 transaction 
  shares           transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
---------------  --------------------------------  ----------------------------------------------------------------------- 
                  Number           Number           Number          Number of voting                 %of voting 
                   of               of               of shares       rights                           rights(x) 
                   Shares           Voting 
                                    Rights 
-------------    ---------------  ---------------  --------------  -------------------------------  ---------------------- 
                                                    Direct          Direct (xi)     Indirect         Direct      Indirect 
                                                                                     (xii) 
-------------      -----------      -----------    --------------  --------------  ---------------  ----------  ---------- 
                                                                                                     29.01 
 GB00B6WVD707     22,674,413       22,674,413        22,704,413      22,704,413                       % 
---------------  ---------------  ---------------  --------------  --------------  ---------------  ----------  ---------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration       Exercise/                        Number of voting             % of voting 
 financial           date (xiii)      Conversion Period                rights that may              rights 
 instrument                           (xiv)                            be 
                                                                       acquired if the 
                                                                       instrument is 
                                                                       exercised/ converted. 
-----------------  ---------------  -------------------------------  ---------------------------  ------------------------ 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of        Exercise         Expiration       Exercise/       Number of voting               % of voting 
 financial      price            date (xvii)      Conversion      rights instrument               rights (xix, 
 instrument                                       period          refers to                       xx) 
                                                  (xviii) 
-------------  ---------------  ---------------  --------------  -----------------------------  -------------------------- 
                                                                                                 Nominal       Delta 
-------------  ---------------  ---------------  --------------  -----------------------------  ------------  ------------ 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  --------------------------------------------------------- 
  22,704,413                                                      29.01% 
---------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
--------------------------------------------------------------------------------------------- 
 
 
 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:                                                              Akpene Akonou 
----------------------------------------------------------------------------  --------------- 
 15. Contact telephone number:                                                   01865 809024 
----------------------------------------------------------------------------  ---------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 16, 2016 03:33 ET (08:33 GMT)

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