TR-1: Notification of Major Interest in Shares | RNS | Ticker

TR-1: Notification of Major Interest in Shares

RNS Announcement

RNS Number : 1779J

CLS Holdings PLC

15 December 2015




TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESⁱ

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ⁱⁱ		CLS Holdings 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
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ	Sten Mortstedt (indirect holder of voting rights)
4. Full name of shareholder(s) (if different from 3.):^iv	See Section 9
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	14 December 2015
6. Date on which issuer notified:	15 December 2015
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	Above 50%

8. Notified details:

A: Voting rights attached to shares ^{viii, ix}

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
Voting
Rights

Number
of shares

Number of voting
rights

% of voting rights ^x

Direct

Direct ^xi

Indirect ^xii

Direct

Indirect

GB0001592475

Nil

21,360,960

50.69%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date ^xiii

Exercise/
Conversion Period ^xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments ^{xv, xvi}

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date ^xvii

Exercise/
Conversion period ^xviii

Number of voting rights instrument refers to

% of voting rights ^{xix, xx}

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

21,360,960

50.69%

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:
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:	As a result of the transaction set out in this form, the beneficial interest of Sten Mortstedt in the issuer remains unchanged.
14. Contact name:	Peter Zonabend
15. Contact telephone number:	+41 81 252 55 47

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLPKPDNOBDDPBD

RNS metadata

Title: TR-1: Notification of Major Interest in Shares
Time: 17:41:31
Date: 15 Dec 2015
Category: Holding(s) in company
ID: 1779J