RNS Number : 2576Z
NetScientific PLC
16 September 2015
 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached: ii

NetScientific Plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

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) subject to the
notification obligation: iii

Zahra Holdings Limited

 

4. Full name of shareholder(s)
 (if different from 3.):iv


5. Date of the transaction and date on
which the threshold is crossed or
reached: v

08 September 2015

6. Date on which issuer notified:

10 September 2015

7. Threshold(s) that is/are crossed or
reached: vi, vii

30%


 

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

Ordinary shares of 5p

10,952,020

30.5%

10,702,020

10,702,020


29.8%


GB00B9F4MT28


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

10,702,020

29.8%


 

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:


The total holding of 10,702,020 shares representing 29.8% of the Company's issued capital is made up of the following.

 

Zahra Holdings Limited 6,291,567

Cyrus Holdings Limited 1,230,453

White Mustard Investments Limited 3,180,000

14. Contact name:

Steve Gully/ Suzanne Yapp

15. Contact telephone number:

01534 813183/ 01534 813047


 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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