PINN Pinnacle Tech

TIDMPINN

RNS Number : 6865Z

Pinnacle Technology Group PLC

12 December 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                      MXC HOLDINGS LIMITED 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                       JM FINN NOMINEES LIMITED 
  (if different from 3.):(iv) 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                      10 December 2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                        12 December 2014 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                             3% 
--------------------------------------------  ---------------------------------------- 
 
 
 
 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     1,172,778         1,172,778            1,555,470     1,555,470                  3.38% 
             ----------------  -------------------  ------------  --------------  ---------  -------------  -------------- 
 
 
 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. 
--------------------  ---------------  --------------------------------  ---------------------------  -------------------- 
 
 
 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) 
-------------  --------------  --------------  -----------------  -----------------------------  ------------------------- 
                                                                                                  Nominal       Delta 
-------------  --------------  --------------  -----------------  -----------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  ---------------------------------------------------------- 
 1,555,470                                                       3.38% 
--------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 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:                                   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:                Figures are based on total number 
                                                of voting rights 46,018,435 
----------------------------------------  -------------------------------------- 
 14. Contact name:                                     Steven Zhang 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:                         020 053 1851 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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