Holding(s) in Company
July 23 2009 - 8:21AM
UK Regulatory
TIDMNTX TIDMBARC
RNS Number : 1848W
NXT PLC
23 July 2009
+--------------------+-----------------+-----------------+-----------------+---------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
+------------------------------------------------------------------------------------+
| | |
+--------------------------------------------------------+---------------------------+
| 1. Identity of the issuer or the underlying issuer | NXT Plc |
| of existing shares to which voting rights are | |
| attached: | |
+--------------------------------------------------------+---------------------------+
| 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 | Barclays Plc |
| the | |
| notification obligation: | |
+--------------------------------------+---------------------------------------------+
| 4. Full name of shareholder(s) | Barclays Stockbrokers Ltd |
| (if different from 3.): | Gerrard Investment Management Ltd |
+--------------------------------------+---------------------------------------------+
| 5. Date of the transaction and date | 21 July 2009 |
| on | |
| which the threshold is crossed or | |
| reached: | |
+--------------------------------------+---------------------------------------------+
| 6. Date on which issuer notified: | 22 July 2009 |
+--------------------------------------+---------------------------------------------+
| 7. Threshold(s) that is/are crossed | 11% to 12% |
| or | |
| reached: | |
+--------------------+-----------------+-----------------+-----------------+---------+
+---------------+---------+--+--------+--------+--------+--+---------+--------+--------+--+--+--------+---------+---------+--------+--+--------+
| 8. Notified details: |
+----------------------------------------------------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares |
+----------------------------------------------------------------------------------------------------------------------------------------------+
| Class/type of | Situation previous | Resulting situation after the triggering transaction |
| shares | to the triggering | |
| if possible | transaction | |
| using | | |
| the ISIN CODE | | |
+ +------------------------------------------+-----------------------------------------------------------------------------------+
| | Number | Number | Number | Number of | % of voting |
| | of | of | of shares | voting | rights |
| | Shares | Voting | | rights | |
| | | Rights | | | |
+ + + +---------------------------------+----------------------------+--------------------+
| | | | Direct | Indirect | Direct | Indirect | Direct | Indirect |
+---------------+---------------------+--------------------+------------------+--------------+--------+-------------------+--------+-----------+
| GB0004397567 | 17,809,200 | 17,809,200 | | 18,304,856 | | 18,304,856 | | 12.23% |
+---------------+ + + + + + + + +
| | | | | | | | | |
+---------------+---------------------+--------------------+------------------+--------------+--------+-------------------+--------+-----------+
| |
+----------------------------------------------------------------------------------------------------------------------------------------------+
| B: Qualifying Financial Instruments |
+----------------------------------------------------------------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
+----------------------------------------------------------------------------------------------------------------------------------------------+
| Type of financial | Expiration | Exercise/ | Number of | % of voting |
| instrument | date | Conversion Period | voting | rights |
| | | | rights that may | |
| | | | be | |
| | | | acquired if the | |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted. | |
+----------------------------+--------------------------+---------------------------------+-------------------------------+--------------------+
| | | | | |
+----------------------------+--------------------------+---------------------------------+-------------------------------+--------------------+
| |
+----------------------------------------------------------------------------------------------------------------------------------------------+
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
+----------------------------------------------------------------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
+----------------------------------------------------------------------------------------------------------------------------------------------+
| Type of | Exercise | Expiration | Exercise/ | Number of | % of voting rights |
| financial | price | date | Conversion | voting rights | |
| instrument | | | period | instrument | |
| | | | | refers to | |
| | | | | | |
+-------------------------+--------------------+---------------------+-----------------+------------------------+------------------------------+
| | | | | | Nominal | Delta |
+ + + + + +---------------------+--------+
| | | | | | | |
+-------------------------+--------------------+---------------------+-----------------+------------------------+---------------------+--------+
| |
+----------------------------------------------------------------------------------------------------------------------------------------------+
| Total (A+B+C) |
+----------------------------------------------------------------------------------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+-----------------------------------------------------------------------------+----------------------------------------------------------------+
| 18,304,856 | 12.23% |
+---------------+---------+--+--------+--------+--------+--+---------+--------+--------+--+--+--------+---------+---------+--------+--+--------+
+--------------------------------------------+---+---------------------------------+
| 9. Chain of controlled undertakings through which the voting rights and/or the |
| financial instruments are effectively held, if applicable: |
+----------------------------------------------------------------------------------+
| Barclays Stockbrokers Ltd |
| Gerrard Investment Management Ltd |
+----------------------------------------------------------------------------------+
| |
+----------------------------------------------------------------------------------+
| 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: | Geoff Smith |
+--------------------------------------------+-------------------------------------+
| 15. Contact telephone number: | 020 7116 2913 |
+--------------------------------------------+---+---------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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