NextEnergy Solar Fund Ltd. — Major Shareholding Notification 2017

Jun 26, 2017

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 2047J

NextEnergy Solar Fund Limited

26 June 2017

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			NextEnergy Solar Fund Limited
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): Placing of New Shares					X
3. Full name of person(s) subject to the notification obligation: iii	Prudential plc group of companies
4. Full name of shareholder(s) (if different from 3.):iv	Prudential plc The Prudential Assurance Company Limited M&G Group Limited M&G Limited M&G Investment Management Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v	23 June 2017
6. Date on which issuer notified:	26 June 2017
7. Threshold(s) that is/are crossed or reached: vi, vii	17% - 14%

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
RED ORD NPV GG00BJ0JVY01	81,464,787			81,464,787			82,091,787		0		82,091,787	0			14.36%
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
82,091,787								14.36%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Prudential plc (parent Company) - 82,091,787 (14.36%) The Prudential Assurance Company Limited (wholly owned subsidiary of Prudential plc) - 77,813,816 (13.61%) M&G Group Limited (wholly owned subsidiary of Prudential plc) - 82,091,787 (14.36%) M&G Limited (wholly owned subsidiary of M&G Group Limited) - 82,091,787 (14.36%) M&G Investment Management Limited (wholly owned subsidiary of M&G Limited) - 82,091,787 (14.36%)
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:
14. Contact name:	John Baker / Owen Smith / James Todd M&G Investment Management Limited
15. Contact telephone number:	020 7548 2561 / 020 7004 4517 / 020 7548 2293

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLUNSVRBUANUAR