PINN Pinnacle Tech

TIDMPINN

RNS Number : 3685Y

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                        DARRON GIDDENS 
  to the 
  notification obligation: (iii) 
------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------------  ------------------------------------------ 
 5. Date of the transaction and date                   20(th) November 2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:                     26(th) November 2014 
------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are crossed                        >5% to <5% 
  or 
  reached: (vi, vii) 
------------------------------------------  ------------------------------------------ 
 
 
 
 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 
-----------  ----------------  --------------------  ------------  -----------------------  ----------------------------- 
                                                      Direct        Direct        Indirect   Direct          Indirect 
                                                                     (xi)          (xii) 
-----------    -----  -------  -------  ------  ---  ------------  ------------  ---------  --------------  ------------- 
  Ordinary 
   shares         29,076              29,076           2,189,466     2,189,466                   4.76 
-----------  ----------------  --------------------  ------------  ------------  ---------  --------------  ------------- 
 
 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. 
--------------------  ----------------  ------------------------------  ----------------------------  ------------------- 
         n/a                                                                                                  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 
 financial       price           date (xvii)      Conversion         rights instrument             rights (xix, 
 instrument                                       period             refers to                     xx) 
                                                  (xviii) 
-------------  --------------  ---------------  -----------------  ----------------------------  ------------------------ 
     n/a                                                                                          Nominal       Delta 
-------------  --------------  ---------------  -----------------  ----------------------------  ------------  ---------- 
                                                                                                      nil 
-----------    -----  -------  -------  ------  ---  ----------    ---  -------  ---------  ---  ------------  ---------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  -------------------------------------------------------- 
                           2,189,466                                                       4.76% 
---------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 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:                                    Darron Giddens 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:                         08008 766 799 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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