AFC ENERGY PLC

Major Shareholding Notification • Jan 26, 2016

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RNS Number : 0024N

AFC Energy Plc

26 January 2016

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				AFC Energy plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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):	Recalculation of % of voting rights, following issuance and admission of new shares.				X
3. Full name of person(s) subject to the notification obligation: iii		Ervington Investments Limited Mr Roman Abramovich
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		21 January 2016
6. Date on which issuer notified:		25 January 2016
7. Threshold(s) that is/are crossed or reached: vi, vii		Ervington Investments Limited: 13% Mr Roman Abramovich: 13%

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
Ordinary Shares GB00B18S7B29 (Ervington Investments Limited)	39,610,494			39,610,494			39,610,494		39,610,494			12.85%
Ordinary Shares GB00B18S7B29 (Mr Roman Abramovich)	39,610,494			39,610,494							39,610,494				12.85%
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
Ervington Investments Limited: 39,610,494								12.85%
Mr Roman Abramovich: 39,610,494								12.85%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Ervington Investments Limited holds a direct interest of 12.85% Mr Roman Abramovich holds an indirect interest of 12.85% through Ervington Investments Limited
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:	Total voting rights held by Ervington Investments Limited, directly, and Mr Roman Abramovich, indirectly, fell below 13% threshold following issuance and admission of new Ordinary Shares as result of shareholder offer and consequent increase in the total number of Ordinary Shares and voting rights of AFC Energy plc.
14. Contact name:	Andre De Cort
15. Contact telephone number:	+44 20 7471 1602

This information is provided by RNS

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