RNS Number : 4417E
NetScientific PLC
03 November 2015
 

 

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

NetScientific 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):



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

Zahra Holdings Limited

 

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

28 October 2015

6. Date on which issuer notified:

02 November 2015

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

28.97%



 

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 shares of 5p

10,702,020

29.8%

10,402,020

10,040,020


28.97%


GB00B9F4MT28


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

10,040,020

28.97%



 

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:

 

Zahra Holdings Limited

 

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:

The total holding of 10,040,020 shares representing 28.97% of the Company's issued capital is made up of the following.

 

Zahra Holdings Limited 6,291,567 - 300,000 = 5,991,567

Cyrus Holdings Limited 1,230,453

White Mustard Investments Limited 3,180,000

14. Contact name:

Steve Gully/ Suzanne Yapp

15. Contact telephone number:

01534 813183/ 01534 813047



 

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)

 


Contact address

(registered office for legal entities)

 


Phone number & email

 


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.

 


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