TIDMBVC

RNS Number : 4280V

BATM Advanced Communications Ld

06 August 2020

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible) 
 
 1a. Identity of the issuer or the                      BATM Advanced Communications Ltd 
  underlying issuer of existing shares 
  to which voting rights are attached: 
                                                       ----------------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                ------------------ 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights                                                       X 
                                                                                                ------------------ 
 An acquisition or disposal of financial instruments 
                                                                                                ------------------ 
 An event changing the breakdown of voting rights 
                                                                                                ------------------ 
 Other (please specify): 
                                                                                                ------------------ 
 3. Details of person subject to the notification obligation 
 Name                                                   Herald Investment Management Limited 
 City and country of registered office                  10-11 Charterhouse Square, London 
  (if applicable)                                        EC1M6EE 
 4. Full name of shareholder(s) (if different from 3.) 
 Name                                                   Discretionary investment management 
                                                         clients of Herald Investment Management 
                                                         Limited 
                                                       ----------------------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                       ----------------------------------------------------------- 
 5. Date on which the threshold was                     04/08/2020 
  crossed or reached: 
                                                       ----------------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):         06/08/2020 
                                                       ----------------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                                    % of voting          % of voting rights     Total of both    Total number 
                                   rights attached       through financial       in % (8.A +      of voting rights 
                                  to shares (total          instruments              8.B)         of issuer 
                                      of 8. A)             (total of 8.B 
                                                             1 + 8.B 2) 
                              -----------------------  ---------------------  ----------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                   4.96%                    Nil                    4.96%             440,279,074 
                              -----------------------  ---------------------  ----------------  ------------------ 
 Position of 
  previous notification 
  (if 
  applicable)                  5.07%                    Nil                    5.07% 
                              -----------------------  ---------------------  ----------------  ------------------ 
 
 
 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached 
 A: Voting rights attached to shares 
 Class/type of      Number of voting rights                      % of voting rights 
  shares 
  ISIN code (if 
  possible) 
                          Direct                Indirect                      Direct                       Indirect 
                    (Art 9 of Directive   (Art 10 of Directive          (Art 9 of Directive          (Art 10 of Directive 
                       2004/109/EC)           2004/109/EC)             2004/109/EC) (DTR5.1)             2004/109/EC) 
                         (DTR5.1)              (DTR5.2.1)                                                 (DTR5.2.1) 
                                         --------------------- 
 IL0010849045                             21,839,535                                                 4.96% 
                   --------------------  ---------------------  ----------------------------------  --------------------- 
 
 
 SUBTOTAL 8. A                      21,839,535                                            4.96% 
                   -------------------------------------------  --------------------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration            Exercise/              Number of voting                    % of voting 
  financial          date                  Conversion Period      rights that may                     rights 
  instrument                                                      be acquired if 
                                                                  the instrument 
                                                                  is 
                                                                  exercised/converted. 
                   --------------------  ---------------------  ----------------------------------  --------------------- 
 
 
 
                                          SUBTOTAL 8. B 1 
                                         ---------------------  ----------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of           Expiration             Exercise/              Physical or      Number of          % of voting 
  financial         date                  Conversion              cash             voting rights      rights 
  instrument                              Period                  settlement 
                  ---------------------  ---------------------  ---------------  ----------------- 
 
 
 
                                                                 SUBTOTAL 8.B.2 
                                                                ---------------  ----------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled                         N/A 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer 
 Full chain of controlled undertakings through which the voting rights                   N/A 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity (please add additional 
  rows as necessary) 
   Name               % of voting rights              % of voting rights         Total of both if 
                        if it equals or                through financial          it equals or is 
                      is higher than the               instruments if it          higher than the 
                     notifiable threshold             equals or is higher       notifiable threshold 
                                                      than the notifiable 
                                                           threshold 
            -------------------------------------  ------------------------  ------------------------ 
 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder                           N/A 
                                                   -------------------------------------------------- 
 The number and % of voting rights                  N/A 
  held 
                                                   -------------------------------------------------- 
 The date until which the voting rights             N/A 
  will be held 
                                                   -------------------------------------------------- 
 
 11. Additional information 
 
 
 
 
 Place of completion   London 
 Date of completion    06/08/2020 
                      ----------- 
 

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August 06, 2020 13:16 ET (17:16 GMT)