Foresight Solar Fund Limited : TR-1 Notification of Major

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News Desk 2018
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Foresight Solar Fund Limited : TR-1 Notification of Major Interest in Shares
For filings with the FCA include the annex  
For filings with issuer exclude the annex  
 
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 Foresight Solar Fund Limited
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):    
3. Full name of person(s) subject to the notification obligation: iii Baillie Gifford & Co  
4. Full name of shareholder(s)  (if different from 3.):iv  
5. Date of the transaction and date on which the threshold is crossed or reached: v 29 March 2017
6. Date on which issuer notified: 30 March 2017
7. Threshold(s) that is/are crossed or reached: vi, vii 5%
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
Ordinary Share JE00BD3QJR55   Below 5%   Below 5%         19,658,920     19,658,920
 
 
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
N/A        
 
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  
N/A           Nominal Delta
   
 
Total (A+B+C)
Number of voting rights Percentage of voting rights
19,658,920 5.77%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
  In the narrative below, the figures in [ ] indicate the amount of voting rights and the percentage held by each controlled undertaking where relevant. Baillie Gifford & Co, a discretionary investment manager, is the parent undertaking of an investment management group.   Its wholly-owned subsidiary undertaking Baillie Gifford & Co Limited [19,658,920:5.77%] is an OEIC Authorised Corporate Director and Unit Trust Manager which has delegated its discretionary investment management role to Baillie Gifford & Co.  
 
Proxy Voting:
10. Name of the proxy holder: N/A
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:
14. Contact name: Grant Meikle
15. Contact telephone number: 0131 275 3134
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