SysGroup PLC Holding(s) in Company (8216D)

TIDMSYS

RNS Number : 8216D

SysGroup PLC

11 July 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                 Daily Internet plc / SysGroup 
  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                                                                N/a 
  specify): 
  See box 13 
-------------------------------------------------------  -----  ------------------------------ 
 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)                                - 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) 
---------------------------------------------------------  ----------------------------------- 
 6. Date on which issuer                                    11/07/2016 
  notified: 
---------------------------------------------------------  ----------------------------------- 
 7. Threshold(s) that is/are                                18.32% in Daily Internet plc 
  crossed or                                                 to 20.78% in SysGroup plc 
  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          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 
-------------------------------------------------------------------------------------------------------------------------------- 
 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: 
-------------------------------------------------------------------------------------------------------------------------------- 
 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

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July 11, 2016 06:22 ET (10:22 GMT)