CLS Holdings PLC TR-1: Notification of Major Interest in Shares (1779J)
December 15 2015 - 12:41PM
UK Regulatory
TIDMCLI
RNS Number : 1779J
CLS Holdings PLC
15 December 2015
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or the underlying CLS Holdings plc
issuer
of existing shares to which voting rights
are
attached: (ii)
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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
---------------------------------------------------------------------------------- ------------------------------------
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
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Other (please
specify):
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3. Full name of person(s) subject Sten Mortstedt
to the (indirect holder of voting rights)
notification obligation: (iii)
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4. Full name of shareholder(s) See Section 9
(if different from 3.):(iv)
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5. Date of the transaction and date 14 December 2015
on
which the threshold is crossed
or
reached: (v)
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6. Date on which issuer notified: 15 December 2015
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7. Threshold(s) that is/are crossed Above 50%
or
reached: (vi, vii)
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8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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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 rights
of of of shares rights (x)
Shares Voting
Rights
-------------- -------------- -------------- ------------- ---------------------- -------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
-------------- ------------ ------------ ------------- --------- ----------- -------- ---------
GB0001592475 Nil Nil Nil 21,360,960 50.69%
-------------- -------------- ------------- --------- ----------- -------- ---------
B: Qualifying Financial Instruments
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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 rights
financial price date (xvii) Conversion rights instrument (xix, xx)
instrument period refers to
(xviii)
--------------- ------------- ------------- -------------- ---------------------- -------------------
Nominal Delta
--------------- ------------- ------------- -------------- ---------------------- -------- ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
----------------------------------------------- ---------------------------------------------------------
21,360,960 50.69%
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9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
--------------------------------------------------------------------------------------------------------------------
The following undertakings, which are each directly held and beneficially
owned by Sten Mortstedt, directly hold the following number of shares
in the issuer:
Creative Value Investment I Limited: 8,145,341 Ordinary Shares (19.33%)
Creative Value Investment II Limited: 6,094,828 Ordinary Shares (14.46%)
Creative Value Investment III Limited: 7,120,791 Ordinary Shares (16.9%)
Total 50.69%
Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will
cease
to hold:
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12. Date on which proxy holder will cease to
hold
voting rights:
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13. Additional information: As a result of the transaction set
out in this form, the beneficial interest
of Sten Mortstedt in the issuer remains
unchanged.
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14. Contact name: Peter Zonabend
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15. Contact telephone number: +41 81 252 55 47
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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