Holding(s) in Company

RNS Number : 7426Z

SysGroup PLC

16 March 2017

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			SysGroup plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights				No
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached				No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments				No
An event changing the breakdown of voting rights				Yes
Other (please specify):				N/A
3. Full name of person(s) subject to the notification obligation: iii		Livingbridge VC LLP
4. Full name of shareholder(s)  (if different from 3.):iv		Baronsmead Venture Trust plc - 8.97% Baronsmead Second Venture Trust plc - 10.96%
5. Date of the transaction and date on which the threshold is crossed or reached: v		10/03/2017
6. Date on which issuer notified:		16/03/2017
7. Threshold(s) that is/are crossed or reached: vi, vii		20%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ord GBP0.01 GB00BYT18182

4,603,700

20.47%

4,603,700

19.93%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

4,603,700

19.93%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Livingbridge VC LLP Baronsmead Venture Trust plc Baronsmead Second Venture Trust plc Registered in the name of JP Morgan Chase Nominees
Proxy Voting:
10. Name of the proxy holder:		Livingbridge VC LLP
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:	The change in the percentage of shares held is due entirely to the shares issued by SysGroup Plc, admitted to AIM on 10/03/2017.
14. Contact name:	Karen Huxley
15. Contact telephone number:	020 7506 5643

 

END

 

 

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