TIDMLCA

RNS Number : 7212B

Low Carbon Accelerator Limited

05 April 2013

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying              Low Carbon Accelerator Limited 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
-------------------------------------------------  ------------------------------------- 
 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       Change in Fund Manager of SVM Global Fund plc                  X 
  specify):           as announced on 6 February 2013 
------------------  -----------------------------------------------------------  ------- 
 3. Full name of person(s) subject                          SVM Asset Management Limited 
  to the 
  notification obligation: (iii) 
------------------------------------------  -------------------------------------------- 
 4. Full name of shareholder(s)                  Clients of SVM Asset Management Limited 
  (if different from 3.):(iv) 
------------------------------------------  -------------------------------------------- 
 5. Date of the transaction and date                                    3(rd) April 2013 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  -------------------------------------------- 
 6. Date on which issuer notified:                                      5(th) April 2013 
------------------------------------------  -------------------------------------------- 
 7. Threshold(s) that is/are crossed                                            Below 3% 
  or 
  reached: (vi, vii) 
------------------------------------------  -------------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------ 
 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          rights                   (x) 
                 Shares            Voting               shares 
                                   Rights 
-------------  ----------------  --------------------  ---------  -----------------------  ----------------------------- 
                                                        Direct     Direct        Indirect   Direct         Indirect 
                                                                    (xi)          (xii) 
-------------    -----  -------  ------  ------  ----  ---------  ------------  ---------  -------------  -------------- 
 Ordinary 
 shares 
 GB00B1D09958   4,000,000         4,000,000             0          0                        0% 
               ----------------  --------------------  ---------  ------------  ---------  -------------  -------------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of financial       Expiration       Exercise/                      Number of voting            % of voting 
  instrument              date (xiii)      Conversion Period              rights that may             rights 
                                           (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 
--------------------------------------------------------------  -------------------------------------------------------- 
 0                                                               0% 
--------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
--------------------------------------------------------------------------------- 
 
 
 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:                 Based on 86,100,000 shares in issue 
----------------------------------------  --------------------------------------- 
 14. Contact name:                                             Bridgette McDonald 
----------------------------------------  --------------------------------------- 
 15. Contact telephone number:                                      0131 718 5602 
----------------------------------------  ---------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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