ACTIVE ENERGY GROUP PLC — Major Shareholding Notification 2014

Oct 14, 2014

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RNS Number : 2312U

Active Energy Group PLC

14 October 2014

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				Active Energy Group
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights					Yes
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		Ruffer Group (for its discretionary clients)
4. Full name of shareholder(s) (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		30 September 2014
6. Date on which issuer notified:		01 October 2014
7. Threshold(s) that is/are crossed or reached: vi, vii		5% to less than 5%

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
GB00B1YMN108	27,955,997			27,955,997			27,455,997		27,455,997		-	Less than 5%			-
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
27,455,997								Less than 5%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
N/A
Proxy Voting:
10. Name of the proxy holder:		N/A
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:	Ruffer Group now controls the voting rights over 27,455,997 shares (less than 5% of the voting rights) of Active Energy Group which are held by Ruffer Group's discretionary clients. This change from 5% to less than 5% is due to a sale of 500,000 shares on 30 September 2014.
14. Contact name:	Louise Stanway
15. Contact telephone number:	020 7963 8146
Note: Annex should only be submitted to the FCA not the issuer
Annex: Notification of major interests in share
A: Identity of the persons or legal entity subject to the notification obligation
Full name (including legal form of legal entities)	Ruffer Group
Contact address (registered office for legal entities)	80 Victoria Street London SW1E 5JL
Phone number & email	020 7963 8146 lstanway@ruffer.co.uk
Other useful information (at least legal representative for legal persons)	Louise Stanway, Compliance Officer
B: Identity of the notifier, if applicable
Full name	Ruffer Group
Contact address	80 Victoria Street London SW1E 5JL
Phone number & email	020 7963 8146 lstanway@ruffer.co.uk
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)	Louise Stanway, Compliance Officer
C: Additional information
Ruffer Group now controls the voting rights over 27,455,997 shares (less than 5% of the voting rights) of Active Energy Group which are held by Ruffer Group's discretionary clients. This change from 5% to less than 5% is due to a sale of 500,000 shares on 30 September 2014.
For notes on how to complete form TR-1 please see the FCA website.

This information is provided by RNS

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