Source - RNS
RNS Number : 7422J
Microsaic Systems plc
13 September 2016
 

 

For filings with the FCA include the annex

For filings with issuer exclude the annex


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

Microsaic Group 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

X

 

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

X

 

An event changing the breakdown of voting rights

X

 

Other (please specify):

Private placing to Issued share Capital position of 108,000,000

Y

 

3. Full name of person(s) subject to the
notification obligation:
iii

Royal Bank of Canada

 

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

Roy Nominees Limited

 

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

13 September 2016

 

6. Date on which issuer notified:

13 September 2016

 

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

3% to 1%

 



 

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

GB00B547ZY09

Ordinary shares

2,254,170

2,254,170

 



2,254,170


1.24%



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

N/A

N/A

N/A

N/A

N/A


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

 

N/A

N/A

N/A

N/A

 

N/A

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

2,254,170

1.24%



 

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

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:

10. Name of the proxy holder:

N/A

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:

 

Figures are based on total number of voting rights 181,365,146

14. Contact name:

 

Graham Horsnell / Scott Roberts

15. Contact telephone number:

 

(01534) 283292 / 602971

 

 


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