Parallel Media Group PLC Holding(s) in Company (0786U)
January 13 2017 - 1:18AM
UK Regulatory
TIDMPAA
RNS Number : 0786U
Parallel Media Group PLC
13 January 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
(i)
1. Identity of the issuer PARALLEL MEDIA GROUP
or the underlying issuer PLC
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 Yes
---------------------------------------------- ----
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 Harwood Capital LLP
obligation: (iii) (as investment manager)
--------------------------------- ----------------------------
4. Full name of shareholder(s)
(if different from 3.): Harwood Capital LLP
(iv) (as investment management
to discretionary private
clients)
--------------------------------- ----------------------------
5. Date of the transaction 9 JANUARY 2017
and date on which the threshold
is crossed or reached: (v)
--------------------------------- ----------------------------
6. Date on which issuer 12 JANUARY 2017
notified:
--------------------------------- ----------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) BELOW 3%
--------------------------------- ----------------------------
8. Notified details:
-----------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
-----------------------------------------------------------------------------------------
Class/type Situation Resulting situation after
of previous the triggering transaction
shares to the triggering
transaction
if possible
using
the ISIN
CODE
-------------- --------------------- --------------------------------------------------
Number Number Number Number of % of voting
of of of voting rights (x)
Shares Voting shares rights
Rights
-------------- --------- ---------- -------- ------------------- -------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
-------------- --------- ---------- -------- -------- --------- -------- ---------
GB00BGSGT481 249,155 249,155 8,192 8,192 0.27%
-------------- --------- ---------- -------- -------- --------- -------- ---------
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 rights that
(xiv) 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 % of voting
financial price date Conversion voting rights (xix,
instrument (xvii) period rights xx)
(xviii) instrument
refers
to
------------ --------- ----------- ------------ ------------ ----------------
Nominal Delta
------------ --------- ----------- ------------ ------------ -------- ------
Total (A+B+C)
-----------------------------------------------
Number of voting rights Percentage of voting
rights
------------------------ ---------------------
8,192 0.27%
------------------------ ---------------------
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:
------------------------------
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: Jane Muir
------------------------------- --------------
15. Contact telephone number: 020 8819 6486
------------------------------- --------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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