Koovs PLC Notification of major interest in shares (9911V)
03 February 2017 - 9:43PM
UK Regulatory
TIDMKOOV
RNS Number : 9911V
Koovs PLC
03 February 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
-----------------------------------------------------------------------------------
1. Identity of the issuer or Koovs plc
the underlying issuer
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 Yes
---------------------------------------------------------------- -----------------
Other (please
specify):
------------------------------------------------------- ------- -----------------
3. Full name of person(s)
subject to the
notification obligation:
(iii)
--------------------------------------------------------- ------------------------
4. Full name of shareholder(s) HT Media Ltd
(if different from 3.):(iv)
--------------------------------------------------------- ------------------------
5. Date of the transaction 23 November 2016
and date on
which the threshold is
crossed or
reached: (v)
--------------------------------------------------------- ------------------------
6. Date on which issuer 02 February 2016
notified:
--------------------------------------------------------- ------------------------
7. Threshold(s) that is/are 8.2% to 6.8%
crossed or
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)
-------------- ----------- ----------- ------------- ------------- ----------- ------------ -----------
- 6.8% -
GB00BHB22S55
----------- ------------ -----------
12,000,000 12,000,000 12,000,000 12,000,000
-------------- --------------- --------------- ------------- ------------- ----------- -------- ---------
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
-------------------------------------------------- ------------------------------------------------------------------
12,000,000 6.8%
-------------------------------------------------- ------------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
----------------------------------------------------------------------------------------
N/A
Proxy Voting:
----------------------------------------------------------------------------------------
10. Name of the proxy holder: N/A
------------------------------------------------------- -------------------------------
11. Number of voting rights proxy
holder will cease to hold:
------------------------------------------------------- -------------------------------
12. Date on which proxy holder will
cease to hold voting rights:
------------------------------------------------------- -------------------------------
This change from 8.2% to
13. Additional information: 6.8% is due to the recent
increase in the share capital
of the company.
------------------------------------------------------- -------------------------------
14. Contact name: Ateev Chadda
------------------------------------------------------- -------------------------------
15. Contact telephone number: 919811932076
------------------------------------------------------- -------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLEAEADEDAXEFF
(END) Dow Jones Newswires
February 03, 2017 05:43 ET (10:43 GMT)
Koovs (LSE:KOOV)
Historical Stock Chart
From Apr 2024 to May 2024
Koovs (LSE:KOOV)
Historical Stock Chart
From May 2023 to May 2024
Real-Time news about Koovs Plc (London Stock Exchange): 0 recent articles
More Koovs News Articles