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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Avanti Communications Group Plc | LSE:AVN | London | Ordinary Share | GB00B1VCNQ84 | 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% | 0.0526 | 0.05 | 0.10 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMAVN
RNS Number : 4274T
Avanti Communications Group Plc
05 January 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) -------------------------------------------------- 1. Identity of the issuer or Avanti Communications 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 X ------------------------------------------------------------------ ------------------------------ 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 ------------------------------------------------------------------ ------------------------------ Other (please specify): --------------------------------------------------------- ------- ------------------------------ 3. Full name of person(s) PAR Investment Partners, L.P. subject to the notification obligation: (iii) ----------------------------------------------------------- ------------------------------------- 4. Full name of shareholder(s) (if different from 3.):(iv) ----------------------------------------------------------- ------------------------------------- 5. Date of the transaction 30 December 2016 and date on which the threshold is crossed or reached: (v) ----------------------------------------------------------- ------------------------------------- 6. Date on which issuer 4 January 2017 notified: ----------------------------------------------------------- ------------------------------------- 7. Threshold(s) that is/are Below 5% 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 % of voting of of of voting rights (x) Shares Voting shares rights Rights -------------- ------------- ------------- ------------ --------------------- ------------------- Direct Direct Indirect Direct Indirect (xi) (xii) -------------- ------------- ------------- ------------ ------- ------------ -------- --------- ORDINARY 1p ISIN: GB00B1VCNQ84 8,500,000 8,500,000 NIL NIL NIL 0% 0% ------------- ------------- ------------ ------- ------------ -------- --------- B: Qualifying Financial Instruments ------------------------------------------------------------------------------------------------------ Resulting situation after the triggering transaction ------------------------------------------------------------------------------------------------------ Type of Expiration Exercise/ Number of voting % of voting financial date Conversion rights that rights instrument (xiii) Period (xiv) 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 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 -------------------------------------------- -------------------------------------------------------- NIL 0% -------------------------------------------- -------------------------------------------------------- 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: (xxi) --------------------------------------------------------------------------------------------------- Proxy Voting: --------------------------------------------------------------------------------------------------- 10. Name of the proxy holder: ------------------------------------------------------------- ------------------------------------ 11. Number of voting rights proxy holder will cease to hold: ------------------------------------------------------------- ------------------------------------ 12. Date on which proxy holder will cease to hold voting rights: ------------------------------------------------------------- ------------------------------------ PAR Capital Management, Inc. 13. Additional information: is the sole general partner of PAR Group, L.P. and PAR Group, L.P. is the sole general partner of PAR Investment Partners, L.P. PAR Capital Management, Inc. is the investment advisor to the shareholder. ------------------------------------------------------------- ------------------------------------ 14. Contact name: Steven M. Smith ------------------------------------------------------------- ------------------------------------ 15. Contact telephone number: 001 617 556 8990 ------------------------------------------------------------- ------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLEAPFSEDDXEEF
(END) Dow Jones Newswires
January 05, 2017 03:47 ET (08:47 GMT)
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