TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):
Dialight plc
2. Reason for the notification:
An acquisition or disposal of voting rights
3. Full name of person(s) subject to the notification obligation:
Sterling Strategic Value Limited (to be renamed Sterling Strategic Value Fund S.A. with effect from 1 January 2017)
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
9 December 2016
6. Date on which issuer notified:
13 December 2016
7. Threshold(s) that is/are crossed or reached:
Voting rights of Sterling Strategic Value Limited – below 3%
8. Notified details:
A: Voting rights attached to shares
|
Class/type of shares
|
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
|
|
Indirect
|
Direct
|
Indirect
|
Direct
|
Indirect
|
|
Ordinary shares
GB0033057794
|
1,450,000
|
1,450,000
|
710,000
|
710,000
|
|
Below 3%
|
|
B: Financial Instruments
|
Resulting situation after the triggering transaction
|
|
Type of financial instrument
|
Expiration date
|
Exercise/Conversion Period/Date
|
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
|
Type of financial instrument
|
Exercise Price
|
Expiration Date
|
Exercise/Conversion Period/Date
|
Number of Voting Rights Instrument Refers to
|
% of voting rights
|
|
|
|
|
|
Nominal
|
Delta
|
|
|
|
|
|
|
|
Total (A+B+C)
|
Number of voting rights
|
% of voting rights
|
|
710,000
|
Below 3%
|
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Until 12 December 2016, Gritlot Limited controlled the majority of voting rights of Sterling Strategic Value Limited.
Dr. Tito Tettamanti controls 100% of the voting rights of Gritlot Limited.
With effect from 12 December 2016 Gritlot Limited ceased to be a controlling shareholder of Sterling Strategic Value
Limited. Therefore, with effect from 12 December 2016, neither Dr. Tito Tettamanti nor Gritlot Limited has a notifiable
indirect interest in Dialight Plc.
10. Name of the proxy holder:
11. Number of voting rights proxy holder will acquire:
12. Date on which proxy holder will acquire voting rights:
13. Additional information:
This disclosure has been calculated based on issued share capital amount of 32,504,066
14. Contact name:
Fabien Tardito – +337.93.10.61.40
Dialight plc – Chris Fussell (020 3058 3546)
Date: 14 December 2016