Microsaic Systems plc Holding(s) in Company (7422J)
September 13 2016 - 10:46AM
UK Regulatory
TIDMMSYS TIDM88DB
RNS Number : 7422J
Microsaic Systems plc
13 September 2016
For filings with the FCA include the annex
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For filings with issuer exclude the annex
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or Microsaic Group plc
the underlying issuer
of existing shares to which
voting rights are
attached: (ii)
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2 Reason for the notification (please tick the appropriate
box or boxes):
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An acquisition or disposal of voting rights X
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An acquisition or disposal of qualifying financial X
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
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An acquisition or disposal of instruments with X
similar economic effect to qualifying financial
instruments
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An event changing the breakdown of voting rights X
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Other (please Private placing to Issued share Capital Y
specify): position of 108,000,000
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3. Full name of person(s) Royal Bank of Canada
subject to the
notification obligation:
(iii)
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4. Full name of shareholder(s) Roy Nominees Limited
(if different from 3.):(iv)
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5. Date of the transaction 13 September 2016
and date on
which the threshold is
crossed or
reached: (v)
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6. Date on which issuer 13 September 2016
notified:
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7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 3% to 1%
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8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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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)
------------- ------------ ------------ -------------- ------------ ------------ --------- ------------
GB00B547ZY09
Ordinary
shares 2,254,170 2,254,170 2,254,170 1.24%
---------------- ---------------- -------------- ------------ ------------ --------- ------------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion rights that rights
instrument (xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
----------------- ---------------- ------------------------------ ---------------------------- ---------------------
N/A N/A N/A N/A N/A
----------------- ---------------- ------------------------------ ---------------------------- ---------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
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Resulting situation after the triggering transaction
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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
------------- ---------------- ---------------- -------------- ---------------- -----------------------------------
N/A N/A N/A N/A Nominal Delta
------------- ---------------- ---------------- -------------- --------------------- ------------
N/A
------------- ------------ ------------ ------------ ---------------- --------------------- ------------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
----------------------------------------------------------------- -----------------------------------------------------
2,254,170 1.24%
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9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
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Roy Nominees is the nominee company for RBC Trustees
(CI) Limited and RBC Trust Company (International) limited
which are wholly owned indirect subsidaries of the Royal
Bank of Canada.
Please be advised that a TR-1 disclosure was made on
behalf of Nigel Wray and his family's interests on 13
September 2016 which included the above in-direct position
held. As the above indirect position has now fallen
below the 3% reportable position due to the Private
placement this has triggered the required filing
The overall Nigel Wray beneficial interest and indirect
interest held in shares of Microsaic Systems Plc still
remain above 4% as per the previous filing made on 13
September 2016.
Proxy Voting:
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10. Name of the proxy holder: N/A
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11. Number of voting rights proxy N/A
holder will cease
to hold:
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12. Date on which proxy holder will N/A
cease to hold
voting rights:
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13. Additional information: Figures are based on total
number of voting rights 181,365,146
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14. Contact name:
Graham Horsnell / Scott Roberts
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15. Contact telephone number: (01534) 283292 / 602971
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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September 13, 2016 11:46 ET (15:46 GMT)