Pinnacle Technology Group PLC Holding(s) in Company (3600Y)

TIDMPINN

RNS Number : 3600Y

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                  Herald Investment Management Limited 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ----------------------------------------------- 
 4. Full name of shareholder(s)                     Discretionary investment management 
  (if different from 3.):(iv)                      clients of Herald Investment Management 
                                                                   Limited 
--------------------------------------------  ----------------------------------------------- 
 5. Date of the transaction and date               Following admission of placing shares 
  on                                                   to AIM on 21(st) November 2014 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ----------------------------------------------- 
 6. Date on which issuer notified:                          24(th) November 2014 
--------------------------------------------  ----------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                 5% 
--------------------------------------------  ----------------------------------------------- 
 
 
 
 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 
--------------  ----------------  ------------------  ------------  -----------------------  ----------------------------- 
                                                       Indirect      Direct       Indirect    Direct         Indirect 
                                                                      (xi)         (xii) 
--------------    -----  -------  ------  -----  ---  ------------  -----------  ----------  -------------  -------------- 
 
  GB00B04C8N02 
                                  ------              ----------    -----------  ----------  ------------- 
                 1,666,666         1,666,666           3,974,358                  3,974,358                  8.64% 
--------------  ----------------  ------------------  ------------  ---  ------  ----------      ---  ----  -------------- 
 
 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. 
-----------------------  ---------------  -----------------------------  ---------------------------  -------------------- 
 None                                                                                                  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 rights 
 financial          price           date (xvii)    Conversion         rights instrument            (xix, xx) 
 instrument                                        period             refers to 
                                                   (xviii) 
----------------  --------------  -------------  -----------------  ---------------------------  ------------------------- 
 None                                                                                             Nominal       Delta 
----------------  --------------  -------------  -----------------  ---------------------------  ------------  ----------- 
                                                                                                  Nil 
--------------    -----  -------  ------  -----  ---  ----------    ---  ------  ----------      ------------  ----------- 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                           Percentage of voting rights 
----------------------------------------------------------------  -------------------------------------------------------- 
 
      3,974,358                                                         8.64% 
----------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 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:                             Andrew Miller CFO 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:                 020 7553 6308 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

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