Parallel Media Group PLC Holding(s) in Company (1002T)
30 December 2016 - 11:31PM
UK Regulatory
TIDMPAA
RNS Number : 1002T
Parallel Media Group PLC
30 December 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
-------------------------------------------------------------------------------------------------
1. Identity of the issuer or Parallel Media Group 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 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 Agreement for a concerted exercise
specify): of voting rights
----------------------------------------------------------- ------------------------------------ ----
3. Full name of person(s) Andrew Heyting
subject to the
notification obligation:
(iii)
------------------------------------------------------------ -----------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
------------------------------------------------------------ -----------------------------------
5. Date of the transaction 29/12/2016
and date on
which the threshold is crossed
or
reached:
------------------------------------------------------------ -----------------------------------
6. Date on which issuer notified: 30/12/2016
------------------------------------------------------------ -----------------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 4%,3%
------------------------------------------------------------ -----------------------------------
8. Notified details:
--------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
--------------------------------------------------------------------------------------------------
Class/type Situation Resulting situation after the
of previous triggering transaction
shares to the triggering
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)
------------ ----------- ------------ ----------- ------- ----------- ----------- ---------
Less
Ordinary Less than than
Shares 150,000 4.98% 3% 3%
----------- ------------ ----------- ------- ----------- ----------- ---------
B: Qualifying Financial Instruments
--------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
--------------------------------------------------------------------------------------------------
Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion rights that rights
instrument (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
--------------------------------------- ---------------------------------------------------------
Less than 3%
--------------------------------------- ---------------------------------------------------------
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: Andrew Heyting
------------------------------------------------------------- ---------------
15. Contact telephone number: 07480 183966
------------------------------------------------------------- ---------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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