TIDMAVN

RNS Number : 1997L

Avanti Communications Group Plc

29 September 2016

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                          Avanti Communications Group 
  the underlying issuer                                                            plc 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
----------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights 
--------------------------------------------------------------------  ------------------------------- 
 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)                                          The Capital Group Companies, 
  subject to the                                                                 Inc. 
  notification obligation: 
  (iii) 
-------------------------------------------------------------  -------------------------------------- 
 4. Full name of shareholder(s)                                             See Section 9 
  (if different from 3.):(iv) 
-------------------------------------------------------------  -------------------------------------- 
 5. Date of the transaction                                               27 September 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-------------------------------------------------------------  -------------------------------------- 
 6. Date on which issuer                                                  28 September 2016 
  notified: 
-------------------------------------------------------------  -------------------------------------- 
 7. Threshold(s) that is/are                                       Below 5% - aggregate of voting 
  crossed or                                                             rights from shares 
  reached: (vi, vii) 
-------------------------------------------------------------  -------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type             Situation previous                Resulting situation after the 
  of                     to the triggering                 triggering transaction 
  shares                 transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
---------------------  --------------------------------  --------------------------------------------------------------- 
                        Number           Number           Number         Number of              % of voting 
                         of               of               of shares      voting                 rights (x) 
                         Shares           Voting                          rights 
                                          Rights 
---------------------  ---------------  ---------------  -------------  ---------------------  ------------------------- 
                                                          Direct         Direct     Indirect    Direct        Indirect 
                                                                         (xi)        (xii) 
---------------------      -----------    -----------    -------------  ---------  ----------  ------------  ----------- 
     1p ordinary 
 (ISIN: GB00B1VCNQ84)     7,443,077        7,443,077                                7,040,260                  4.7764% 
---------------------  ---------------  ---------------  -------------  ---------  ----------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of financial          Expiration     Exercise/                       Number of voting         % of voting 
  instrument                 date           Conversion                      rights that              rights 
                             (xiii)         Period (xiv)                    may be 
                                                                            acquired if 
                                                                            the 
                                                                            instrument 
                                                                            is 
                                                                            exercised/ 
                                                                            converted. 
-------------------------  -------------  ------------------------------  -----------------------  --------------------- 
      Not applicable 
-------------------------  -------------  ------------------------------  -----------------------  --------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of financial        Exercise       Expiration     Exercise/        Number of voting         % of voting 
  instrument               price         date           Conversion        rights instrument        rights (xix, 
                                         (xvii)         period            refers to                xx) 
                                                        (xviii) 
-----------------------  -------------  -------------  ---------------  -----------------------  ----------------------- 
     Not applicable                                                                               Nominal       Delta 
-----------------------  -------------  -------------  ---------------  -----------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                    Percentage of voting rights 
---------------------------------------------------------  ------------------------------------------------------------- 
                        7,040,260                                                     4.7764% 
---------------------------------------------------------  ------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------------------------- 
 
                                            Number of       Percent 
                                              Shares     of Outstanding 
    The Capital Group Companies, Inc. 
     ("CG") holdings                        7,040,260       4.7764% 
 
    Holdings by CG Management Companies 
    and Funds: 
   --------------------------------------  ----------  ---------------- 
    -- Capital Research and Management 
     Company(1) 
 (1) Subsidiary of The Capital Group Companies, Inc. 
--------------------------------------------------------------------------------------------- 
 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:                                                         Christopher Aquino 
------------------------------------------------------------------------  ------------------- 
 15. Contact telephone number:                                               (213) 615-0469 
------------------------------------------------------------------------  -------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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