TIDMREDT

RNS Number : 8809M

Red24 PLC

18 October 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                   RED24 PLC 
  the underlying issuer 
  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                      ΓΌ 
-------------------------------------------------------  ----------------------- 
 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)                               HARGREAVE HALE LIMITED 
  subject to the 
  notification obligation: 
  (iii) 
------------------------------------------------------  ------------------------ 
 4. Full name of shareholder(s)                           DISCRETIONARY CLIENTS 
  (if different from 3.):(iv) 
------------------------------------------------------  ------------------------ 
 5. Date of the transaction                                  17 OCTOBER 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  ------------------------ 
 6. Date on which issuer                                     18 OCTOBER 2016 
  notified: 
------------------------------------------------------  ------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                               5% 
------------------------------------------------------  ------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------------ 
 Class/type      Situation previous                 Resulting situation after the triggering 
  of              to the triggering                  transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ---------------------------------  --------------------------------------------------------------------------- 
                 Number           Number            Number                         Number of                % of voting 
                  of               of                of shares                      voting                   rights (x) 
                  Shares           Voting                                           rights 
                                   Rights 
--------------  ---------------  ----------------  -----------------------------  -----------------------  ------------------- 
                                                    Direct         Indirect        Direct     Indirect      Direct    Indirect 
                                                                                    (xi)       (xii) 
--------------      -----------      ------------  -------------  --------------  ---------  ------------  --------  --------- 
 
  GB00B297TG43   2,360,000        2,360,000                        2,625,000                  2,625,000               5.3048% 
                ---------------  ----------------  -------------  --------------  ---------  ------------  --------  --------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------------ 
 Type of financial   Expiration       Exercise/                        Number of voting                     % of voting 
  instrument          date             Conversion                       rights that                          rights 
                      (xiii)           Period (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 voting           % of voting 
 financial          price            date              Conversion     rights instrument          rights (xix, 
 instrument                          (xvii)            period         refers to                  xx) 
                                                       (xviii) 
----------------  ---------------  ----------------  -------------  -------------------------  ------------------------------- 
                                                                                                Nominal               Delta 
----------------  ---------------  ----------------  -------------  -------------------------  --------------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                             Percentage of voting rights 
------------------------------------------------------------------  ---------------------------------------------------------- 
 
   2,625,000                                                         5.3048% 
------------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------- 
 All of the shares are held on behalf of our discretionary 
  clients. 
 
 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:                                              David Clueit, 
                                                                Hargreave Hale Ltd 
-------------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                  01253 754739 
-------------------------------------------------------------  --------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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