Billing Services Group Limited Holding(s) in Company (4585P)

TIDMBILL TIDM0575

RNS Number : 4585P

Billing Services Group Limited

17 November 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                               Billing Services Group 
  the underlying issuer                                      Limited 
  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                        N/A 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
----------------------------------------------------------  -------------------------------- 
 An acquisition or disposal of instruments with                            N/A 
  similar economic effect to qualifying financial 
  instruments 
----------------------------------------------------------  -------------------------------- 
 An event changing the breakdown of voting rights                          N/A 
----------------------------------------------------------  -------------------------------- 
 Other (please                                                             N/A 
  specify): 
--------------------------------------------------------    -------------------------------- 
 3. Full name of person(s)                                  Regent Pacific Group Limited 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s)                             Regent Pacific Group Limited 
  (if different from 3.):(iv) 
---------------------------------------------------------  --------------------------------- 
 5. Date of the transaction 
  and date on                                                 100,000 shares were disposed 
  which the threshold is                                      of on market on 6 June 2016, 
  crossed or                                                  which did not trigger any 
  reached: (v)                                                disclosure obligation; and 
                                                              further 4,428,240 shares were 
                                                              disposed of on market on 4 
                                                              November 2016. 
---------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                    7 November 2016 
  notified: 
---------------------------------------------------------  --------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                        3% 
---------------------------------------------------------  --------------------------------- 
 
 
 
 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 shares       voting                      rights (x) 
               Shares            Voting                            rights 
                                 Rights 
-----------  ----------------  ----------------  --------------  --------------------------  ------------------------- 
                                                  Direct          Direct        Indirect      Direct        Indirect 
                                                                   (xi)          (xii) 
-----------      ------------    ------------    --------------  ------------  ------------  ------------  ----------- 
 Ordinary 
  shares            8,856,481         8,856,481       4,428,241     4,428,241           Nil         1.57%          Nil 
             ----------------  ----------------  --------------  ------------  ------------  ------------  ----------- 
 
 
 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 
-------------------------------------------------  ------------------------------------------------------------------- 
 4,428,241                                          1.57% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 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:                            N/A 
-------------------------------------------------------  --------------- 
 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:                              N/A 
-------------------------------------------------------  --------------- 
 14. Contact name:                                        Stella Fung 
-------------------------------------------------------  --------------- 
 15. Contact telephone number:                            [phone] 
-------------------------------------------------------  --------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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November 17, 2016 04:51 ET (09:51 GMT)