NTX Nxt

 

TIDMNTX 
 
RNS Number : 4845A 
NXT PLC 
08 October 2009 
 

+------------------------------------------------+------------------------+--------+ 
| TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES                                  | 
+----------------------------------------------------------------------------------+ 
| 1. Identity of the issuer or the underlying    | NXT PLC                         | 
| issuer of existing shares to which voting      |                                 | 
| rights are attached:                           |                                 | 
+------------------------------------------------+---------------------------------+ 
| 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 financial instruments which may result in |        | 
| the acquisition of shares already issued to which voting rights are     |        | 
| attached                                                                |        | 
+-------------------------------------------------------------------------+--------+ 
| An event changing the breakdown of voting rights                        |        | 
+-------------------------------------------------------------------------+--------+ 
| Other (please specify): Transitional notification of holdings           |        | 
+-------------------------------------------------------------------------+--------+ 
| 3. Full name of person(s) subject to the       | Cavendish Asset Management      | 
| notification obligation:                       |                                 | 
+------------------------------------------------+---------------------------------+ 
| 4. Full name of shareholder(s) (if different   | Cavendish Asset Management      | 
| from 3.):                                      | Cavendish Opportunities Fund    | 
+------------------------------------------------+---------------------------------+ 
| 5. Date of the transaction (and date on which  |                                 | 
| the threshold is crossed or reached if         |                                 | 
| different):                                    |                                 | 
+------------------------------------------------+---------------------------------+ 
| 6. Date on which issuer notified:              | 07/10/09                        | 
+------------------------------------------------+---------------------------------+ 
| 7. Threshold(s) that is/are crossed or         | 4%                              | 
| reached:                                       |                                 | 
+------------------------------------------------+---------------------------------+ 
| 8. Notified details:                                                             | 
+------------------------------------------------+------------------------+--------+ 
 
 
+---------------+------------+------------+------------+-----------+------------+----------+-----------+ 
| A: Voting rights attached to shares                                                                  | 
+------------------------------------------------------------------------------------------------------+ 
| Class/type    | Situation previous      | Resulting situation after the triggering transaction       | 
| of shares     | to the Triggering       |                                                            | 
| if            | transaction             |                                                            | 
| possible      |                         |                                                            | 
| using the     |                         |                                                            | 
| ISIN CODE     |                         |                                                            | 
+               +-------------------------+------------------------------------------------------------+ 
|               | Number of  | Number     | Number     | Number of voting       | % of voting rights   | 
|               | Shares     | of         | of         | rights                 |                      | 
|               |            | Voting     | shares     |                        |                      | 
|               |            | Rights     |            |                        |                      | 
+               +            +            +------------+------------------------+----------------------+ 
|               |            |            | Direct     | Direct    | Indirect   | Direct   | Indirect  | 
+---------------+------------+------------+------------+-----------+------------+----------+-----------+ 
|  GB0004397567 |  6,069,995 |  6,069,995 |  5,819,995 |  0        |  5,819,995 |  0.00    |  3.89%    | 
+---------------+------------+------------+------------+-----------+------------+----------+-----------+ 
 
 
+----------------+------------+-------------------+--------------------+------------+ 
| B: Financial Instruments                                                          | 
+-----------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                              | 
+-----------------------------------------------------------------------------------+ 
| Type of        | Expiration | Exercise/         | Number of voting   | % of       | 
| financial      | date       | Conversion        | rights that may be | voting     | 
| instrument     |            | Period/ Date      | acquired if the    | rights     | 
|                |            |                   | instrument is      |            | 
|                |            |                   | exercised/         |            | 
|                |            |                   | converted          |            | 
+----------------+------------+-------------------+--------------------+------------+ 
|                |            |                   |                    |            | 
+----------------+------------+-------------------+--------------------+------------+ 
 
 
+--------------------------------------+----------------------------------------+ 
| Total (A+B)                                                                   | 
+-------------------------------------------------------------------------------+ 
| Number of voting rights              | % of voting rights                     | 
+--------------------------------------+----------------------------------------+ 
| 5,819,995                            | 3.89%                                  | 
+--------------------------------------+----------------------------------------+ 
 
 
+-----------------------------------------------------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or  | 
| the financial instruments are effectively held, if applicable:              | 
+-----------------------------------------------------------------------------+ 
| Cavendish Asset Management and Cavendish Opportunities Fund                 | 
+-----------------------------------------------------------------------------+ 
 
 
+-------------------------------------------------+----------------------------+ 
| 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                      |                            | 
+-------------------------------------------------+----------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 HOLUUGUAUUPBGWR 
 

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