Concurrent Technologies PLC Holding(s) in Company (0317B)

TIDMCNC TIDMMGR

RNS Number : 0317B

Concurrent Technologies PLC

30 March 2017

30 March 2017

 
 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                                     28 MARCH 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
----------------------------------------  -------------------------------------------------------- 
 6. Date on which issuer                                        30 MARCH 2017 
  notified: 
----------------------------------------  -------------------------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                           19% 
----------------------------------------  -------------------------------------------------------- 
 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 
--------------  -----------  -----------  -----------  --------------------  --------------------- 
                                           Direct       Direct   Indirect     Direct      Indirect 
--------------  -----------  -----------  -----------  -------  -----------  ----------  --------- 
 GB0002183191    13,048,166   13,048,166   14,318,750   N/A      14,318,750   N/A         19.69% 
--------------  -----------  -----------  -----------  -------  -----------  ----------  --------- 
 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial          Expiration     Exercise /                        Number of voting              % of voting 
  instrument                 date           Conversion                        rights that                   rights 
                                            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 
------------------------------------------------------------------------  -------------------------------------------- 
                               14,318,750                                                    19.69% 
------------------------------------------------------------------------  -------------------------------------------- 
 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                                                                               9,538,945 
----------------------------------------------------------  ---------------------------------------------------------- 
 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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March 30, 2017 06:19 ET (10:19 GMT)