SysGroup PLC Holding(s) in Company (7426Z)
17 March 2017 - 4:00AM
UK Regulatory
TIDMSYS
RNS Number : 7426Z
SysGroup PLC
16 March 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or SysGroup 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 No
---------------------------------------------------------- -----------------------------
An acquisition or disposal of qualifying financial No
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
---------------------------------------------------------- -----------------------------
An acquisition or disposal of instruments with No
similar economic effect to qualifying financial
instruments
---------------------------------------------------------- -----------------------------
An event changing the breakdown of voting rights Yes
---------------------------------------------------------- -----------------------------
Other (please N/A
specify):
-------------------------------------------------------- -----------------------------
3. Full name of person(s) Livingbridge VC LLP
subject to the
notification obligation:
(iii)
--------------------------------------------------------- ------------------------------
4. Full name of shareholder(s) Baronsmead Venture Trust plc
(if different from 3.):(iv) - 8.97%
Baronsmead Second Venture
Trust plc - 10.96%
--------------------------------------------------------- ------------------------------
5. Date of the transaction 10/03/2017
and date on
which the threshold is
crossed or
reached: (v)
--------------------------------------------------------- ------------------------------
6. Date on which issuer 16/03/2017
notified:
--------------------------------------------------------- ------------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 20%
--------------------------------------------------------- ------------------------------
8. Notified details:
----------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
----------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the
of to the triggering triggering transaction
shares 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)
-------------- ------------ ------------ -------------- --------- ------------ ------------ -----------
Ord GBP0.01
GB00BYT18182 4,603,700 20.47% 4,603,700 19.93%
---------------- ---------------- -------------- --------- ------------ ------------ -----------
B: Qualifying Financial Instruments
----------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
----------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date Conversion rights that rights
(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
---------------------------------------------------- ----------------------------------------------------------------
4,603,700 19.93%
---------------------------------------------------- ----------------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
--------------------------------------------------------------------------------
Livingbridge VC LLP
Baronsmead Venture Trust plc
Baronsmead Second Venture Trust plc
Registered in the name of JP Morgan Chase Nominees
Proxy Voting:
--------------------------------------------------------------------------------
10. Name of the proxy holder: Livingbridge VC LLP
---------------------------------------- --------------------------------------
11. Number of voting rights proxy N/A
holder will cease to hold:
---------------------------------------- --------------------------------------
12. Date on which proxy holder will N/A
cease to hold
voting rights:
---------------------------------------- --------------------------------------
13. Additional information: The change in the percentage
of shares held is due entirely
to the shares issued by SysGroup
Plc, admitted to AIM on 10/03/2017.
---------------------------------------- --------------------------------------
14. Contact name: Karen Huxley
---------------------------------------- --------------------------------------
15. Contact telephone number: 020 7506 5643
---------------------------------------- --------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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