TIDMSPO

RNS Number : 5788J

Sportech PLC

29 June 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                               Sportech 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                                      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)                                  Harwood Capital LLP (as investment 
  subject to the                                             adviser/manager) and Oryx 
  notification obligation:                                   International Growth Fund 
  (iii)                                                      Limited and North Atlantic 
                                                             Smaller Companies Investment 
                                                             Trust PLC 
---------------------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                      1. Oryx International Growth 
                                                                           Fund Limited 
 
                                                                     2. North Atlantic Smaller 
                                                                    Companies Investment Trust 
                                                                                PLC 
---------------------------------------------------------  ------------------------------------------ 
 5. Date of the transaction                                               28 June 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ------------------------------------------ 
 6. Date on which issuer                                                   29 June 2017 
  notified: 
---------------------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are                                       Through 4%, 5%, 6%,7%, 8%, 
  crossed or                                                            9%, 10%,11% & 12% 
  reached: (vi, vii) 
---------------------------------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type      Situation previous                Resulting situation after the 
  of              to the triggering                 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          Direct          Indirect     Direct        Indirect 
                                                                    (xi)            (xii) 
--------------      -----------    -----------    --------------  --------------  -----------  ------------  ----------- 
 
  GB00B28ZPV64 
 
  Holder 1 
                                                                                  -----------                ----------- 
                 6,000,000        6,000,000        8,000,000       8,000,000                    4.31% 
 
 Holder 2        0                 0                15,000,000     15,000,000                   8.08% 
--------------  ---------------  ---------------  --------------  --------------  -----------  ------------    --------- 
 
 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 
--------------------------------------------------  -------------------------------------------------------------------- 
 23,000,000                                          12.39% 
--------------------------------------------------  -------------------------------------------------------------------- 
 
 
 
 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:                                  0200 8819 6486 
-------------------------------------------------------------  --------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 29, 2017 05:54 ET (09:54 GMT)

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