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Wednesday 02 September, 2009

PuriCore Plc

Holding(s) in Company

RNS Number : 4129Y
PuriCore Plc
02 September 2009
 






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:

 

PuriCore 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 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

 x


An event changing the breakdown of voting rights

 


Other (please specify):

  

 


3. Full name of person(s) subject to the notification obligation:


 Kanton Services Limited

4. Full name of shareholder(s) (if different from 3.):


 

5. Date of the transaction and date on which the threshold is crossed or reached:


 Please see 'Additional Information' section below

6. Date on which issuer notified:


 28 August 2009

7. Threshold(s) that is/are crossed or reached:


 3%, 4%, 5%, 6%, 7%, 8% and 9%

  

8. Notified details:

A: Voting rights attached to shares


Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the 
triggering
transaction

Resulting situation after the triggering transaction

Number
of

Shares

Number
of

V
oting
Rights

Number
of shares

Number of voting
rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

 Ordinary

 10,521,739

 10,521,739

 18,637,255

18,637,255 

 

 8.2%

 

 GB00B13TCY87


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction


Type of financial
instrument

Expiration
date

Exercise/ 
Conversion 
Period

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


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction


Type of financial
instrument

Exercise 
price

Expiration 
date

Exercise/
Conversion 

period

Number of voting 
rights instrument 
refers to

% of voting rights


 Warrant

 30p

27 August 2011

 27 August 2008 - 27 August 2011

 2,705,172

Nominal

Delta


 1.2%

 N/A


Total (A+B+C)


Number of voting rights

Percentage of voting rights

 21,342,427

 9.4%


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

 


Proxy Voting:


10. Name of the proxy holder:


 N/A

11. Number of voting rights proxy holder will cease to hold:


 N/A

12. Date on which proxy holder will cease to hold voting rights:


 N/A


13. Additional information:


 In June 2006, PuriCore plc’s (the “Company”) shares were admitted to trading on the London Stock Exchange and Kanton Services Limited (“Kanton”), an existing shareholder of the Company, held 10,521.739 shares representing 6.9% of the shares and voting rights in the Company.


On 30 July 2008, Kanton acquired:-


(a) a further 8,115,516 shares in the Company resulting in an aggregate holding of 8.61% of the total shares and voting rights in the Company: and


(b) 2,705,172 warrants over 2,705,172 shares in the Company. If exercised such warrants would currently represent approximately 1.2% of the total shares and voting rights in the Company.


On 10 August 2009, the Company issued a further 10,810,811 shares resulting in a dilution of  Kanton’s shareholdlng In the
Company to approximately 8.2% (excluding the warrants referred to above).

 

Kanton has been listed as a substantial shareholder of the Company on the Company’s website and in its annual accounts since the Company listed In June 2006. However, due to an administrative error, Kanton has not previously filed TR1 notifications with the Company and the FSA in relation to its voting  rights in the Company.

14. Contact name:


 Matthias Bolliger

15. Contact telephone number:


 +44 7624 319719



This information is provided by RNS
The company news service from the London Stock Exchange
 
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