Pinnacle Technology Group PLC Holding(s) in Company (3600Y)
29 November 2014 - 2:47AM
UK Regulatory
TIDMPINN
RNS Number : 3600Y
Pinnacle Technology Group PLC
28 November 2014
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or the underlying Pinnacle Technology Group PLC
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 P
------------------------------------------------------------------------------------ -------
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 P
------------------------------------------------------------------------------------ -------
Other (please
specify):
------------------- --------------------------------------------------------------- -------
3. Full name of person(s) subject Herald Investment Management Limited
to the
notification obligation: (iii)
-------------------------------------------- -----------------------------------------------
4. Full name of shareholder(s) Discretionary investment management
(if different from 3.):(iv) clients of Herald Investment Management
Limited
-------------------------------------------- -----------------------------------------------
5. Date of the transaction and date Following admission of placing shares
on to AIM on 21(st) November 2014
which the threshold is crossed
or
reached: (v)
-------------------------------------------- -----------------------------------------------
6. Date on which issuer notified: 24(th) November 2014
-------------------------------------------- -----------------------------------------------
7. Threshold(s) that is/are crossed
or
reached: (vi, vii) 5%
-------------------------------------------- -----------------------------------------------
8. Notified details:
--------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
--------------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction
if possible
using
the ISIN CODE
-------------- ------------------------------------ --------------------------------------------------------------------
Number Number Number Number of voting % of voting rights
of of of shares rights (x)
Shares Voting
Rights
-------------- ---------------- ------------------ ------------ ----------------------- -----------------------------
Indirect Direct Indirect Direct Indirect
(xi) (xii)
-------------- ----- ------- ------ ----- --- ------------ ----------- ---------- ------------- --------------
GB00B04C8N02
------ ---------- ----------- ---------- -------------
1,666,666 1,666,666 3,974,358 3,974,358 8.64%
-------------- ---------------- ------------------ ------------ --- ------ ---------- --- ---- --------------
B: Qualifying Financial Instruments
--------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
--------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date (xiii) Conversion Period rights that may rights
(xiv) be
acquired if the
instrument is
exercised/ converted.
----------------------- --------------- ----------------------------- --------------------------- --------------------
None Nil
----------------------- --------------- ----------------------------- --------------------------- --------------------
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 rights
financial price date (xvii) Conversion rights instrument (xix, xx)
instrument period refers to
(xviii)
---------------- -------------- ------------- ----------------- --------------------------- -------------------------
None Nominal Delta
---------------- -------------- ------------- ----------------- --------------------------- ------------ -----------
Nil
-------------- ----- ------- ------ ----- --- ---------- --- ------ ---------- ------------ -----------
Total (A+B+C)
--------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
---------------------------------------------------------------- --------------------------------------------------------
3,974,358 8.64%
---------------------------------------------------------------- --------------------------------------------------------
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 N/A
cease
to hold:
--------------------------------------------------- ---------------------------
12. Date on which proxy holder will cease to N/A
hold
voting rights:
--------------------------------------------------- ---------------------------
13. Additional information:
---------------------------------------- --------------------------------------
14. Contact name: Andrew Miller CFO
---------------------------------------- --------------------------------------
15. Contact telephone number: 020 7553 6308
---------------------------------------- --------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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