Concurrent Technologies PLC Holding(s) in Company (4668I)

TIDMCNC TIDMMGR

RNS Number : 4668I

Concurrent Technologies PLC

30 August 2016

30 August 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                 CONCURRENT TECHNOLOGIES 
  the underlying issuer                                                 PLC 
  of existing shares to which 
  voting rights are 
  attached: 
-----------------------------------------------------------  ------------------------ 
 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)                                        MITON GROUP PLC 
  subject to the 
  notification obligation: 
-----------------------------------------------------------  ------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.): 
-----------------------------------------------------------  ------------------------ 
 5. Date of the transaction                                       26 AUGUST 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  ------------------------ 
 6. Date on which issuer                                          30 AUGUST 2016 
  notified: 
-----------------------------------------------------------  ------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                              17% 
-----------------------------------------------------------  ------------------------ 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------- 
 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 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  ---------------  -----------  ------------------------------  ------------------------ 
                                                  Indirect     Direct           Indirect       Direct       Indirect 
-------------      -----------      -----------  -----------  ---------------  -------------  -----------  ----------- 
 GB0002183191     11,769,166       11,769,166     13,048,166        N/A          13,048,166       N/A        17.9681 
-------------  ---------------  ---------------  -----------  ---------------  -------------  -----------  ----------- 
 
 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                           Period                        may be 
                                                                    acquired if 
                                                                    the 
                                                                    instrument 
                                                                    is 
                                                                    exercised 
                                                                    / converted. 
-----------------  ---------------  ----------------------------  ----------------------------  ---------------------- 
       N/A               N/A                     N/A                           N/A                        N/A 
-----------------  ---------------  ----------------------------  ----------------------------  ---------------------- 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise         Expiration     Exercise       Number of        % of voting 
  financial        price            date           /              voting rights    rights 
  instrument                                       Conversion     instrument 
                                                   period         refers to 
---------------  ---------------  -------------  -------------  ---------------  ------------------------------------- 
      N/A              N/A             N/A            N/A             N/A            Nominal              Delta 
---------------  ---------------  -------------  -------------  ---------------  ---------------  -------------------- 
                                                                                       N/A                 N/A 
-------------      -----------      -----------  -----------      -----------    ---------------  -------------------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  -------------------------------------------------------- 
                         13,048,166                                                    17.9681 
------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------ 
 CF MITON UK MULTI CAP 
  INCOME FUND                                                        8,268,361 
------------------------------------------------------  ---------------------- 
 THE DIVERSE INCOME TRUST 
  PLC                                                                4,779,805 
------------------------------------------------------  ---------------------- 
 
 
 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: 
-------------------------------------------------  --------------------------- 
 14. Contact name:                                    George Latimer-Butler 
-------------------------------------------------  --------------------------- 
 15. Contact telephone number:                            020 3714 1486 
-------------------------------------------------  --------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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August 30, 2016 12:05 ET (16:05 GMT)