Corero Network Security PLC Holding(s) in Company (3038D)
26 April 2017 - 12:23AM
UK Regulatory
TIDMCNS
RNS Number : 3038D
Corero Network Security PLC
25 April 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
-------------------------------------------------------------------------------------------------------
1. Identity of the issuer or Corero Network Security
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 Dilution due to the issuance of new x
specify): shares under a placing, subscription
and open offer
---------------------------------------------------------- ---------------------------------------
3. Full name of person(s) Sabvest Capital Holdings Ltd
subject to the
notification obligation:
(iii)
----------------------------------------------------------- ------------------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
----------------------------------------------------------- ------------------------------------------
5. Date of the transaction 25 April 2017
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- ------------------------------------------
6. Date on which issuer 25 April 2017
notified:
----------------------------------------------------------- ------------------------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 7%
----------------------------------------------------------- ------------------------------------------
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)
-------------- ----------- ----------- ------------- ------------- ----------- ------------ -----------
GB00B54X0432 18,000,000 18,000,000 20,500,000 20,500,000 N/a 6.5% N/a
--------------- --------------- ------------- ------------- ----------- ------------ -----------
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.
------------------ ------------- ------------------------------ ---------------------------- ---------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting
financial price date Conversion rights instrument rights (xix,
instrument (xvii) period refers to xx)
(xviii)
---------------- ------------- ------------- --------------- ---------------------------- -----------------------
Nominal Delta
---------------- ------------- ------------- --------------- ---------------------------- ------------ ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
-------------------------------------------------- ------------------------------------------------------------------
20,500,000 6.5%
-------------------------------------------------- ------------------------------------------------------------------
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:
------------------------------------------------------------- ----------------
14. Contact name: Ray Pleaner
------------------------------------------------------------- ----------------
15. Contact telephone number: +27 11 268 2400
------------------------------------------------------------- ----------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLIAMITMBTTBMR
(END) Dow Jones Newswires
April 25, 2017 10:23 ET (14:23 GMT)
Corero Network Security (LSE:CNS)
Historical Stock Chart
From Apr 2024 to May 2024
Corero Network Security (LSE:CNS)
Historical Stock Chart
From May 2023 to May 2024