Ethernity Networks Ltd Holding(s) in Company
October 31 2024 - 11:15AM
RNS Regulatory News
RNS Number : 4734K
Ethernity Networks Ltd
31 October 2024
Notification of major
holdings
1.
Issuer Details
Issuer Name
Ethernity Networks Ltd
UK
or Non-UK Issuer
Non-UK Issuer
2.
Reason for Notification
An acquisition or disposal of voting
rights
3.
Details of person subject to the notification
obligation
Name
New Technology Capital Group, LLC
and affiliates (the "Shareholder")
City of registered office (if applicable)
Wilmington, Delaware
Country of registered office (if applicable)
USA
4.
Details of the shareholder
|
Name
|
City of registered office
|
Country of registered office
|
|
BNP Paribas Securities Services as
Custodian
|
New York
|
USA
|
5.
Date on which the threshold was crossed or
reached
25 October 2024
6.
Date on which Issuer notified
31 October 2024
7.
Total positions of person(s) subject to the notification
obligation
|
|
%
of voting rights attached to shares (total of
8.A)
|
%
of voting rights through financial instruments (total of 8.B 1 +
8.B 2)
|
Total of both in % (8.A + 8.B)
|
Total number of voting rights held in issuer
|
|
Resulting situation on the date on
which threshold was crossed or reached
|
21.64%
|
N/A
|
21.64%
|
195,278,000
|
|
Position of previous notification
(if applicable)
|
Below 5%
|
N/A
|
Below 5%
|
N/A
|
8.
Notified details of the resulting situation on the date on which
the threshold was crossed or reached
8A.
Voting rights attached to shares
|
Class/Type of shares ISIN code(if possible)
|
Number of direct voting rights (DTR5.1)
|
Number of indirect voting rights (DTR5.2.1)
|
%
of direct voting rights (DTR5.1)
|
%
of indirect voting rights (DTR5.2.1)
|
|
Ordinary Shares
|
|
195,278,000
|
|
21.64%
|
|
Sub Total 8.A
|
195,278,000
|
21.64%
|
8B1. Financial Instruments according to (DTR5.3.1R.(1)
(a))
|
Type of financial instrument
|
Expiration date
|
Exercise/conversion period
|
Number of voting rights that may be acquired if the instrument
is exercised/converted
|
%
of voting rights
|
|
|
|
|
|
|
|
Sub Total 8.B1
|
|
|
|
8B2. Financial Instruments with similar economic effect
according to (DTR5.3.1R.(1) (b))
|
Type of financial instrument
|
Expiration date
|
Exercise/conversion period
|
Physical or cash settlement
|
Number of voting rights
|
%
of voting rights
|
|
|
|
|
|
|
|
|
Sub Total 8.B2
|
|
|
|
9.
Information in relation to the person subject to the notification
obligation
N/A
10.
In case of proxy voting
N/A
11.
Additional Information
This notice is being delivered to
Ethernity Networks Ltd pursuant to Article 73 of the Amended and
Restated Articles of Association of Ethernity Networks
Ltd.
12.
Date of Completion
31 October 2024
13.
Place Of Completion
United States of America
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END
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