Holding(s) in Company

RNS Number : 3670I
Project Finance Investments Limited
08 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

Project Finance Investments Ltd

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):

Admission of new shares to the market

X

3. Full name of person(s) subject to the
notification obligation:
iii

Bank of Montreal

4. Full name of shareholder(s)
 (if different from 3.):iv

See box 9 below

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

Date of Transaction 21st October 2015

Date of Admission 23rd October 2015

6. Date on which issuer notified:

7th December 2015

7. Threshold(s) that is/are crossed or
reached:
vi, vii

5%, 10%



 

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

JE00BYXX8B08

0

0

11,000,000


11,000,000


10.38%



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

11,000,000

10.38%



 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

Bank of Montreal is the parent company of the BMO Financial Group. The following controlled undertakings each hold voting rights of 3% or more of the issuer. All controlled undertaking(s) as detailed are wholly owned subsidiaries of the Bank of Montreal. Controlled undertakings can exercise voting rights independently.

Controlled Undertaking

No. of voting rights

% of total voting rights

Comments

F&C Management Limited

11,000,000

10.38%

F&C Multi-Capital Funds ICVC -F&C MM Navigator Moderate Fund

 

 


Proxy Voting:

10. Name of the proxy holder:

Bank of Montreal

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:

Calculation based on Total Voting Rights of 106,000,000 as at 30th October 2015

14. Contact name:

Vik Sharma, BMO Global Asset Management (EMEA),

Part of BMO Financial Group

 

15. Contact telephone number:

0131 718 1094



 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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