Language
5 June 2009
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Rurelec plc
2. Reason for the notification:
An acquisition or disposal of voting right
3. Full name of person(s) subject to the notification obligation (iii):
RAB Capital plc acting as discretionary manager of RAB ENERGY FUND LIMITED
4. Full name of shareholder(s)
Credit Suisse Client Nominees (UK) Limited
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
12/05/2009
6. Date on which issuer notified:
04/06/2009
7. Threshold(s) that is/are crossed or reached:
11%, 12%, 13%, 14%, 15%, 16%
8. Notified details:
A: Voting rights attached to shares
|
Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction (vi) |
|
|
|
Number of shares |
Number of voting Rights (viii) |
|
Ordinary Shares GB00B01XPW41 |
9,640,000 |
9,640,000 |
Resulting situation after the triggering transaction (vii)
|
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights (ix) |
% of voting rights |
||
|
|
Direct |
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
|
GB00B01XPW41 |
N/A |
N/A |
15,935,679 |
N/A |
16.64% |
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
|
Type of financial instrument |
Expiration Date (xiii) |
Exercise/Conversion Period/ Date (xiv) |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
|
N/A |
|
|
|
|
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction (xx)
|
Type of financial instrument |
Exercise Price (xv) |
Expiration Date (xvi) |
Number of voting rights instrument refers to |
% of voting rights |
|
N/A |
|
|
|
|
Total (A+B+C)
|
Number of voting rights |
% of voting rights |
|
15,935,679 |
16.64% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
RAB Capital acts as investment manager for RAB ENERGY FUND LIMITED. RAB Capital plc does not act as custodian for its clients and therefore the shares are held in the nominee name of the custodian of its clients, which is CREDIT SUISSE CLIENT NOMINEES (UK) LIMITED
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:
N/A
14. Contact name:
LEGAL TEAM
15. Contact telephone number:
+44(0) 20 7389 7000