Holding(s) in Company
Next Fifteen Communications Plc
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||||||||
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii |
NEXT FIFTEEN COMMUNICATIONS PLC | ||||||||
| 2 Reason for the notification (please tick the appropriate box or boxes): | |||||||||
| An acquisition or disposal of voting rights | Â |
X |
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| An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached | Â | ||||||||
| An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments | Â | ||||||||
| An event changing the breakdown of voting rights | Â | ||||||||
| Other (please specify): | Â | Â | Â | ||||||
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3. Full name of person(s) subject to the notification obligation: iii |
 | HARGREAVE HALE LIMITED | |||||||
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4. Full name of shareholder(s) (if different from 3.):iv |
DISCRETIONARY CLIENTS | ||||||||
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5. Date of the transaction and date on which the threshold is crossed or reached: v |
05 DECEMBER 2012 | ||||||||
| 6. Date on which issuer notified: | 06 DECEMBER 2012 | ||||||||
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7. Threshold(s) that is/are crossed or reached: vi, vii |
5% | ||||||||
| 8. Notified details: | |||||||||||||||||||||||||||||||||||||
| A: Voting rights attached to shares viii, ix | |||||||||||||||||||||||||||||||||||||
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Class/type of shares
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Situation previous to the triggering transaction |
 | Resulting situation after the triggering transaction | |||||||||||||||||||||||||||||||||
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Number of Shares |
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Number of Voting Rights |
Number of shares |
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Number of voting rights |
 | % of voting rights x | ||||||||||||||||||||||||||||||
| Direct | Â | Indirect | Direct xi | Â | Indirect xii | Direct | Â | Indirect | |||||||||||||||||||||||||||||
| GB0030026057 | 2,673,000 | 2,673,000 | Â | 3,173,000 | Â | 3,173,000 | Â |
5.3599% |
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| B: Qualifying Financial Instruments | |||||||||||||||||||||||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||||||||||||||||||||||
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Type of financial instrument |
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Expiration |
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Exercise/ Conversion Period xiv |
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Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
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| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | |||||||||||||||||||||||||||||||||||||
| Resulting situation after the triggering transaction | |||||||||||||||||||||||||||||||||||||
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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 | |||||||||||||||||||||||||||
| Â | Â | Â | Â |
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Nominal | Â | Delta | ||||||||||||||||||||||||||||||
| Â | Â | ||||||||||||||||||||||||||||||||||||
| Â | |||||||||||||||||||||||||||||||||||||
| Total (A+B+C) | |||||||||||||||||||||||||||||||||||||
| Number of voting rights | Â | Percentage of voting rights | |||||||||||||||||||||||||||||||||||
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3,173,000 |
5.3599% | ||||||||||||||||||||||||||||||||||||
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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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| 3,165,000 of these shares are held for unit trusts operated by Marlborough Fund Managers Ltd for whom Hargreave Hale Ltd manages the investments on a discretionary basis. The remaining shares are held for other Discretionary clients. | |
| Â | |
| Proxy Voting: | |
| 10. Name of the proxy holder: | Â |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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Enquiries:
| Next Fifteen Communications Group plc | Â | |
| David Dewhurst, Finance Director | +44 (0)20 8846 0771 | |
| Â | ||
| Canaccord Genuity Limited | ||
| Henry Fitzgerald O’Connor | +44 (0)20 7523 8000 | |
| Filip Bavenholm | ||