Holding(s) in Company
January 27 2010 - 6:48AM
UK Regulatory
TIDMNTX
RNS Number : 2076G
NXT PLC
27 January 2010
+--------------------+-----------------+-----------------+-----------------+---------+
| |
+------------------------------------------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
+------------------------------------------------------------------------------------+
| | |
+--------------------------------------------------------+---------------------------+
| 1. Identity of the issuer or the underlying issuer | NXT 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 | No |
| result in the acquisition of shares already issued to which voting | |
| rights are attached | |
+--------------------------------------------------------------------------+---------+
| An acquisition or disposal of instruments with similar economic effect | No |
| to qualifying financial instruments | |
+--------------------------------------------------------------------------+---------+
| An event changing the breakdown of voting rights | No |
+--------------------------------------------------------------------------+---------+
| Other (please | | No |
| specify): | | |
+--------------------+-----------------------------------------------------+---------+
| 3. Full name of person(s) subject to | Gartmore Investment Limited |
| the | |
| notification obligation: iii | |
+--------------------------------------+---------------------------------------------+
| 4. Full name of shareholder(s) | Nortrust Nominees Limited / Strathclyde |
| (if different from 3.):iv | pension fund (532,562 shares; 0.352% of |
| | issued share capital) |
| | Gartmore Growth Opportunities plc |
| | (3,135,775 shares; 2.075% of issued share |
| | capital) |
| | BNY GIL CLT Account Nominees / Gartmore |
| | Fledgling Trust Plc |
| | (11,570,711 shares; 7.656% of issued share |
| | capital) |
| | |
+--------------------------------------+---------------------------------------------+
| 5. Date of the transaction and date | 25th January 2010 |
| on | |
| which the threshold is crossed or | |
| reached: v | |
+--------------------------------------+---------------------------------------------+
| 6. Date on which issuer notified: | 26th January 2010 |
+--------------------------------------+---------------------------------------------+
| 7. Threshold(s) that is/are crossed | 10% |
| or | |
| reached: vi, vii | |
+--------------------+-----------------+-----------------+-----------------+---------+
+----------------+----------+--+--------+----------------+--+--+----------------+--+--------+--+--------------+----+----------------+--+--+--------+
| 8. Notified details: |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares viii, ix |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| Class/type of | Situation previous | Resulting situation after the triggering |
| shares | to the triggering | transaction |
| if possible | transaction | |
| using | | |
| the ISIN CODE | | |
+ +---------------------------------------------+-----------------------------------------------------------------------------------+
| | Number | Number | Number | Number | % of voting rights x |
| | of | of | of | of | |
| | Shares | Voting | shares | voting | |
| | | Rights | | rights | |
+ + + +-------------------+--------------------------+------------------------------------+
| | | | Direct | Direct xi | Indirect xii | Direct | Indirect |
+----------------+----------------------+----------------------+-------------------+-----------+--------------+------------------------+-----------+
| | 7,625,000 | 7,625,000 | 15,239,048 | | 15,239,048 | | 10.083% |
+----------------+ + + + + + + +
| GB00004397567 | | | | | | | |
+----------------+----------------------+----------------------+-------------------+-----------+--------------+------------------------+-----------+
| |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| B: Qualifying Financial Instruments |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| Type of financial | Expiration | Exercise/ | Number of voting | % of voting |
| instrument | date xiii | Conversion | rights that may | rights |
| | | Period xiv | 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 financial | Exercise | Expiration | Exercise/ | Number of voting | % of voting |
| instrument | price | date xvii | Conversion | rights instrument | rights xix, xx |
| | | | period xviii | refers to | |
| | | | | | |
+---------------------------+-----------+-------------------+----------------------+-------------------------------+-------------------------------+
| | | | | | Nominal | Delta |
+ + + + + +----------------------+--------+
| | | | | | | |
+---------------------------+-----------+-------------------+----------------------+-------------------------------+----------------------+--------+
| |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| Total (A+B+C) |
+--------------------------------------------------------------------------------------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+-------------------------------------------------------------------------------+------------------------------------------------------------------+
| 15,239,048 | 10.083% |
+----------------+----------+--+--------+----------------+--+--+----------------+--+--------+--+--------------+----+----------------+--+--+--------+
+--------------------------------------------+---+---------------------------------+
| 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: | All figures are based on the |
| | Company's issued share capital of |
| | 151,138,594 as provided by Exshare |
| | Email contact RDU@gartmore.com |
+--------------------------------------------+-------------------------------------+
| 14. Contact name: | RDU |
+--------------------------------------------+-------------------------------------+
| 15. Contact telephone number: | 0207 782 2324 |
+--------------------------------------------+---+---------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
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