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PINN Pinnacle Tech

6.875
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Pinnacle Tech LSE:PINN London Ordinary Share GB00B8GRBX01 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 6.875 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Pinnacle Technology Group PLC Holding(s) in Company (9076S)

13/07/2015 3:14pm

UK Regulatory


TIDMPINN

RNS Number : 9076S

Pinnacle Technology Group PLC

13 July 2015

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                 Pinnacle Technology Group 
  the underlying issuer                                        Plc 
  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                                Yes 
--------------------------------------------------------------  --------------------------- 
 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                                                               No 
  specify): 
-------------------------------------------------------  -----  --------------------------- 
 3. Full name of person(s)                                  Livingbridge VC LLP 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  -------------------------------- 
 4. Full name of shareholder(s)                             No underlying client holds 
  (if different from 3.):(iv)                                over 3% 
---------------------------------------------------------  -------------------------------- 
 5. Date of the transaction                                 15/05/2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  -------------------------------- 
 6. Date on which issuer                                    08/07/2015 
  notified: 
---------------------------------------------------------  -------------------------------- 
 7. Threshold(s) that is/are                                6%, 7%, 8%, 9% & 10% 
  crossed or 
  reached: (vi, vii) 
---------------------------------------------------------  -------------------------------- 
 
 
 
 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 voting         % of voting 
                 of                of                 of shares       rights                   rights (x) 
                 Shares            Voting 
                                   Rights 
--------------  ---------------  -----------------  --------------  -----------------------  ------------------------- 
                                                     Direct          Direct     Indirect      Direct        Indirect 
                                                                     (xi)        (xii) 
--------------      -----------      -----------    --------------  ---------  ------------  ------------  ----------- 
 
 
  Ord GBP 
  1 
  GB00B8GRBX01 
                                                    --------------  ---------  ------------  ------------ 
                 2,500,000          5.43%                                       5,918,256                   10.00% 
--------------  -----------------  ---------------    ------------    -------  ------------      --------  ----------- 
 
 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. 
------------------  ---------------  -------------------------------  -------------------------  --------------------- 
                                                                                                  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 
 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 
----------------------------------------------------  ---------------------------------------------------------------- 
 
   5,918,256                                           10.00% 
----------------------------------------------------  ---------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------- 
 
   Livingbridge VC LLP 
 
   No underlying client holds over 3% 
 
 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: 
----------------------------------------  --------------------- 
 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

HOLGGUWGMUPAGCW

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