Cerillion PLC Holding(s) in Company (2391T)

TIDMCER

RNS Number : 2391T

Cerillion PLC

24 March 2016

Cerillion plc

("Cerillion" or "the Company" or "the Group")

Holdings in Company

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------------ 
 1. Identity of the issuer or                               Cerillion plc 
  the underlying issuer 
  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                         No 
----------------------------------------------------------  ------------------------------ 
 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)                             Baronsmead Venture Trust plc 
  (if different from 3.):(iv)                                - 8.02% 
                                                             Baronsmead Second Venture 
                                                             Trust plc - 8.02% 
                                                             Baronsmead VCT 5 plc - 1.79% 
---------------------------------------------------------  ------------------------------- 
 5. Date of the transaction                                 18/03/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  ------------------------------- 
 6. Date on which issuer                                    22/03/2016 
  notified: 
---------------------------------------------------------  ------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                        0% - 17% 
---------------------------------------------------------  ------------------------------- 
 
 
 
 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) 
                  hares            Voting 
                                   Rights 
---------------  --------------  ------------  -----------  --------------------  ------------------- 
                                                Direct       Direct   Indirect     Direct    Indirect 
                                                             (xi)      (xii) 
---------------    ------------   -----------  -----------  -------  -----------  --------  --------- 
 
   GB00BYYX6C66 
   Ords 0.5p      Nil                                                 5,263,158              17.83% 
                 ---------------               -----------  -------  -----------  --------  --------- 
                                   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. 
-----------------  -------------  ------------------------  --------------------  ------------------- 
                                                                                   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 
---------------------------------------------  ------------------------------------------------------ 
 
   5,263,158                                      17.83% 
---------------------------------------------  ------------------------------------------------------ 
 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 - 8.02% 
   Baronsmead Second Venture Trust plc - 8.02% 
   Baronsmead VCT 5 plc - 1.79% 
 
   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 
---------------------------------------------  ------------------------------------------------------ 
 
 

For further information please contact:

 
 Cerillion plc             c/o KTZ Communications 
  Louis Hall, CEO           T: 020 3178 
  Oliver Gilchrist, FD      6378 
 
 Shore Capital (Nomad      T: 020 7408 
  and Broker)               4090 
 Bidhi Bhoma 
  Toby Gibbs 
 
 KTZ Communications        T: 020 3178 
                            6378 
 Katie Tzouliadis 
  Viktoria Langley 
  Emma Pearson 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 24, 2016 10:18 ET (14:18 GMT)