Holdings in Company

RNS Number : 6066S

Strat Aero PLC

22 December 2016

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

STRAT AERO, PLC

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		x
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):		x

3. Full name of person(s) subject to the notification obligation: iii	AERO KINETICS HOLDINGS, LLC
4. Full name of shareholder(s) (if different from 3.): iv	AERO KINETICS HOLDINGS, LLC
5. Date of the transaction and date on which the threshold is crossed or reached: v	December 21, 2016
6. Date on which issuer notified:	December 21, 2016
7. Threshold(s) that is/are crossed or reached: vi, vii	1.4% Drop in Non-Voting Ownership Percentage

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
	38,366,160	38,366,160	33,000,000	33,000,000			8.665%

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
33,000,000	8.665%

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:	Graham Peck or acting Chairman of Strat Aero Board of Directors
11. Number of voting rights proxy holder will cease to hold:	5,366,160
12. Date on which proxy holder will cease to hold voting rights:	12/21/2016

13. Additional information:	*** These Transactions Reflect Shares Sold in The Ordinary Course and in Furtherance of the Holder's Investment Parameters and Asset Allocation. At This Time, Based Upon Current Market Conditions, The Holder Does Not Intend to Undertake Additional Share Dispositions. ***
14. Contact name:	W. Hulsey Smith
15. Contact telephone number:	[e-mail]

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)	Aero Kinetics Holdings, LLC
Contact address (registered office for legal entities)	PO Box 128 Fort Worth, Texas 76101, USA
Phone number & email	[e-mail]
Other useful information (at least legal representative for legal persons)
B: Identity of the notifier, if applicable
Full name
Contact address
Phone number & email
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)
C: Additional information
For notes on how to complete form TR-1 please see the FCA website.

 

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