Alternative Networks plc Holding(s) in Company (2447L)

TIDMAN.

RNS Number : 2447L

Alternative Networks plc

29 September 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 
 
 1. Identity of the issuer or 
  the underlying issuer of existing                            Alternative Networks Plc 
  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                                                     P 
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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 
-------------------------------------------------------------  --------------------------------------------------------------------- 
 An event changing the breakdown of voting rights 
-------------------------------------------------------------  --------------------------------------------------------------------- 
 Other (please specify): 
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   3. Full name of person(s) 
   subject to the notification                                                                       Coltrane Asset Management, 
   obligation: iii                                                                                   L.P 
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    4. Full name of shareholder(s) 
    (if different from 3.):iv                                                                                 Coltrane Master Fund, 
                                                                                                              L.P 
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 5. Date of the transaction                                                                                          September 27th, 
  and date on which the threshold                                                                                    2016 
  is crossed or reached: v 
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 6. Date on which issuer notified:                                                                                  September 29th, 
                                                                                                                    2016 
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 7. Threshold(s) that is/are 
  crossed or reached: vi, vii                                                                                               Above 4% 
-------------------------------------------------------  --------------------------------------------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares viii, ix 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                  Resulting situation after the 
  of shares      to the triggering                   triggering transaction 
                 transaction 
  if possible 
  using the 
  ISIN CODE 
-------------  ----------------------------------  ----------------------------------------------------------------------- 
                Number            Number            Number          Number of voting              % of voting 
                 of Shares         of Voting         of shares       rights                        rights x 
                                   Rights 
-------------  ----------------  ----------------  --------------  ----------------------------  ------------------------- 
                                                    Direct          Direct          Indirect      Direct        Indirect 
                                                                     xi              xii 
-------------      ------------    ------------    --------------  --------------  ------------  ------------  ----------- 
 
 
 GB00B05KXX82    1,531,000          1,531,000         1,971,279      1,971,279                     4.06% 
-------------  ----------------  ----------------  --------------  --------------  ------------  ------------  ----------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration      Exercise/ Conversion              Number of voting                % of voting 
 financial           date xiii       Period xiv                        rights that                     rights 
 instrument                                                            may be acquired 
                                                                       if the instrument 
                                                                       is exercised/ 
                                                                       converted. 
-----------------  --------------  --------------------------------  ------------------------------  --------------------- 
 
 
 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 xvii       Conversion         rights instrument               rights xix, 
 instrument                                       period             refers to                       xx 
                                                  xviii 
---------------  --------------  --------------  ----------------  ------------------------------  ----------------------- 
                                                                                                    Nominal       Delta 
---------------  --------------  --------------  ----------------  ------------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                              Percentage of voting rights 
---------------------------------------------------  --------------------------------------------------------------------- 
 1,971,279                                            4.06% 
---------------------------------------------------  --------------------------------------------------------------------- 
 
 
 
 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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 Proxy Voting: 
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 10. Name of the proxy holder: 
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 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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   13. Additional information: 
----------------------------------------------------------  ------------------------------------------------------------------------- 
 14. Contact name:                                                                                                     George Cairoli 
----------------------------------------------------------  ------------------------------------------------------------------------- 
 15. Contact telephone number:                                                                                         1(212)259-6042 
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This information is provided by RNS

The company news service from the London Stock Exchange

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September 29, 2016 10:47 ET (14:47 GMT)