SysGroup PLC Holding(s) in Company (8216D)
11 July 2016 - 8:22PM
UK Regulatory
TIDMSYS
RNS Number : 8216D
SysGroup PLC
11 July 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or Daily Internet plc / SysGroup
the underlying issuer plc
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 Yes
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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
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An acquisition or disposal of instruments with No
similar economic effect to qualifying financial
instruments
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An event changing the breakdown of voting rights Yes
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Other (please N/a
specify):
See box 13
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3. Full name of person(s) Livingbridge VC LLP
subject to the
notification obligation:
(iii)
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4. Full name of shareholder(s) Baronsmead Venture Trust plc
(if different from 3.):(iv) - 9.35%
Baronsmead Second Venture
Trust plc - 9.35%
Baronsmead VCT 5 plc - 2.08%
--------------------------------------------------------- -----------------------------------
5. Date of the transaction 06/07/2016
and date on
which the threshold is
crossed or
reached: (v)
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6. Date on which issuer 11/07/2016
notified:
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7. Threshold(s) that is/are 18.32% in Daily Internet plc
crossed or to 20.78% in SysGroup plc
reached: (vi, vii)
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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
of to the triggering triggering transaction
shares transaction
if possible
using
the ISIN
CODE
--------------------- ---------------------------------------------- ---------------------------------------------------------
Number Number Number Number of voting % of voting
of of of rights rights (x)
hares Voting shares
Rights
--------------------- --------------- ----------------------------- --------- --------------------- -----------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
--------------------- ----------- ------ ----- ------------ --------- --------- ---------- ---------- -----------
93,495,489 4,603,700 20.78%
GB00B1Z8BM45
(now GB00BYT18182)
----------------- ------ --------- --------- ---------- ---------- -----------
18.32%
--------------------- ----------- --------------------------- ------- ------- ---------- -------- ---------
B: Qualifying Financial Instruments
--------------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
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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.
------------------------- --------------------- -------------------------------- --------------------- ---------------------
Nil
------------------------- --------------------- -------------------------------- --------------------- ---------------------
C: Financial Instruments with similar economic effect
to Qualifying Financial Instruments (xv, xvi)
--------------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
--------------------------------------------------------------------------------------------------------------------------------
Type of financial Exercise Expiration Exercise/ Number of voting % of voting
instrument price date Conversion rights instrument rights (xix,
(xvii) period refers to xx)
(xviii)
----------------------- ------------- --------------- ----------------------- --------------------- -----------------------
Nominal Delta
----------------------- ------------- --------------- ----------------------- --------------------- ------------ ---------
Total (A+B+C)
--------------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
----------------------------------------------------------------------- -------------------------------------------------------
4,603,700 20.78%
----------------------------------------------------------------------- -------------------------------------------------------
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 - 9.35%
Baronsmead Second Venture Trust plc - 9.35%
Baronsmead VCT 5 plc - 2.08%
Registered in the name of Chase Nominees Ltd
Proxy Voting:
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10. Name of the proxy holder: Livingbridge VC LLP
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11. Number of voting rights proxy N/A
holder will cease
to hold:
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12. Date on which proxy holder will N/A
cease to hold
voting rights:
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13. Additional information:
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14. Contact name: Karen Huxley
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15. Contact telephone number: 020 7506 5643
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This information is provided by RNS
The company news service from the London Stock Exchange
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July 11, 2016 06:22 ET (10:22 GMT)