TIDMBGO

RNS Number : 8691N

Bango PLC

31 October 2016

 
 For filings with the FCA 
  include the annex 
 For filings with issuer exclude 
  the annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                        Bango PLC 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
---------------------------------------------------------------  ----------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
---------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights 
------------------------------------------------------------------  -------------------------- 
 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                                  X 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------------  -------------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------------  -------------------------- 
 Other (please 
  specify): 
---------------------------------------------------------  -------  -------------------------- 
 3. Full name of person(s)                                           Odey Asset Management LLP 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  --------------------------------- 
 5. Date of the transaction                                                    27 October 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                                       28 October 2016 
  notified: 
-----------------------------------------------------------  --------------------------------- 
 7. Threshold(s) that is/are                                                         Below 11% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  --------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type       Situation previous                   Resulting situation after the 
  of               to the triggering                    triggering transaction 
  shares           transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
---------------  -----------------------------------  ---------------------------------------------------------------- 
                  Number            Number             Number          Number of voting           % of voting 
                   of                of                 of shares       rights                     rights (x) 
                   Shares            Voting 
                                     Rights 
---------------  ----------------  -----------------  --------------  -------------------------  --------------------- 
                                                       Direct          Direct        Indirect     Direct    Indirect 
                                                                        (xi)         (xii) 
---------------      ------------    -------------    --------------  ------------  -----------  --------  ----------- 
 Ordinary 
 Share 
 (GB00B0BRN552)   7,088,000         7,088,000          7,088,000       7,088,000                  10.90% 
---------------  ----------------  -----------------  --------------  ------------  -----------  --------  ----------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial    Expiration      Exercise/                        Number of       % of voting 
  instrument           date            Conversion                      voting           rights 
                       (xiii)          Period (xiv)                    rights that 
                                                                       may be 
                                                                       acquired if 
                                                                       the 
                                                                       instrument 
                                                                       is 
                                                                       exercised/ 
                                                                       converted. 
-------------------  --------------  -------------------------------  --------------  -------------------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Exercise        Expiration       Exercise/         Number of voting           % of voting 
 financial           price          date             Conversion         rights instrument          rights (xix, 
 instrument                         (xvii)           period             refers to                  xx) 
                                                     (xviii) 
-----------------  --------------  ---------------  ----------------  -------------------------  --------------------- 
 Contract                                                                                         Nominal     Delta 
  for Difference 
  (CFD) 
-----------------  --------------  ---------------  ----------------  -------------------------  ----------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                 Percentage of voting rights 
------------------------------------------------------  -------------------------------------------------------------- 
 7,088,000                                               10.90% 
------------------------------------------------------  -------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------- 
 
   CF Odey Absolute Return Fund holds 10.90%. 
 
 Proxy Voting: 
----------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  -------------- 
 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:                                                 FERGUS LEE 
-------------------------------------------------------------  -------------- 
 15. Contact telephone number:                                  020 7208 1400 
-------------------------------------------------------------  -------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLMBBBTMBJJBAF

(END) Dow Jones Newswires

October 31, 2016 07:36 ET (11:36 GMT)

Bango (LSE:BGO)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Bango Charts.
Bango (LSE:BGO)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Bango Charts.