RNS Number : 2639L
Smart Metering Systems PLC
08 August 2013
 



 

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

Smart Metering Systems 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

Abdiel Capital Management, LLC

Abdiel Capital Advisors, LLC

Colin Moran

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

Abdiel Capital, LP

Abdiel Qualified Master Fund, LP

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

2 August 2013

6. Date on which issuer notified:

7 August 2013

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

Below 3%


 

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


2,463,536

2,463,536



2,513,536


3.016%

Ordinary shares

 


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

2,513,536

3.016%


 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

Abdiel Capital LP and Abdiel Qualified Master Fund LP (as listed in Section 4 of this form) directly hold 0.268% and 2.748% in Smart Metering Systems Plc, respectively.

The General Partner to each of these funds is Abdiel Capital management, LLC.

The General Partner has appointed Abdiel Capital Advisors, LLC as the investment manager of the funds. Colin Moran is the controller of Abdiel Capital Advisors, LLC.

Accordingly, Abdiel Capital Management, LLC, Abdiel Capital Advisors, LLC and Colin Moran are each deemed to indirectly hold 3.016% in the voting rights of Smart Metering Systems Plc (this form is submitted on behalf of these entities/person listed).


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:


15. Contact telephone number:


 


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