AB Dynamics PLC Holding(s) in Company (9986C)
01 July 2016 - 8:52PM
UK Regulatory
TIDMABDP
RNS Number : 9986C
AB Dynamics PLC
01 July 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or AB DYNAMICS PLC
the underlying issuer
of existing shares to which
voting rights are
attached: (ii)
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2 Reason for the notification (please tick the appropriate
box or boxes):
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An acquisition or disposal of voting rights ü
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An acquisition or disposal of qualifying financial
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
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An acquisition or disposal of instruments with
similar economic effect to qualifying financial
instruments
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An event changing the breakdown of voting rights ü
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Other (please
specify):
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3. Full name of person(s) HARGREAVE HALE LIMITED
subject to the
notification obligation:
(iii)
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4. Full name of shareholder(s) DISCRETIONARY CLIENTS
(if different from 3.):(iv)
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5. Date of the transaction 29 JUNE 2016
and date on
which the threshold is
crossed or
reached: (v)
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6. Date on which issuer 30 JUNE 2016
notified:
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7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 5%
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8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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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 % of voting
of of of shares voting rights (x)
Shares Voting rights
Rights
------------- --------------- ---------------- ---------------------------- ---------------------- -------------------
Direct Indirect Direct Indirect Direct Indirect
(xi) (xii)
------------- ----------- ------------ ------------- ------------- --------- ----------- -------- ---------
GB00B9GQVG73 875,970 875,970 873,970 873,970
--------------- ---------------- ------------- ------------- --------- ----------- -------- ---------
4.9197%
------------- ----------- ------------ ----------- --------- --------- --------- -------- ---------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of Expiration Exercise/ Number of voting % of voting
financial date Conversion rights that rights
instrument (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)
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Resulting situation after the triggering transaction
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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)
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Number of voting rights Percentage of voting rights
----------------------------------------------------------------- --------------------------------------------------------
873,970 4.9197%
----------------------------------------------------------------- --------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
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530,000 of these shares are held for unit trusts operated
by Marlborough Fund Managers Ltd, for whom Hargreave
Hale Ltd manages the investments on a discretionary
basis. The remaining shares are held for other discretionary
clients.
Proxy Voting:
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10. Name of the proxy holder:
--------------------------------------------------------------- ---------------------------------
11. Number of voting rights proxy
holder will cease
to hold:
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12. Date on which proxy holder will
cease to hold
voting rights:
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The change in the percentage
13. Additional information: of shares held is due mostly
to the admission to AIM on
29(th) June 2016 of new shares,
which were issued to cover
the exercise of options by
shareholders of AB Dynamics
Plc.
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14. Contact name: David Clueit,
Hargreave Hale Ltd
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15. Contact telephone number: 01253 754739
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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July 01, 2016 06:52 ET (10:52 GMT)