Corero Network Security PLC Holding(s) in Company (9758B)

TIDMCNS

RNS Number : 9758B

Corero Network Security PLC

07 April 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                   Corero Network Security 
  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                                               Dilution due to the issuance of new 
  specify):                                                  shares under a placing, subscription 
                                                             and open offer 
----------------------------------------------------------  --------------------------------------- 
 3. Full name of person(s)                                                           Peter Kennedy Gain 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s)                                                      Peter Kennedy Gain 
  (if different from 3.):(iv)                                           Draper Gain Investments Limited 
                                                                             (a company wholly owned by 
                                                                                    Peter Kennedy Gain) 
-----------------------------------------------------------  ------------------------------------------ 
 5. Date of the transaction                                                                5 April 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------------ 
 6. Date on which issuer                                                                   7 April 2017 
  notified: 
-----------------------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                                 7% 
-----------------------------------------------------------  ------------------------------------------ 
 
 
 
 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) 
                 Shares           Voting 
                                  Rights 
-------------  ---------------  ---------------  --------------  --------------------------  ------------------------- 
                                                  Direct          Direct        Indirect      Direct        Indirect 
                                                                   (xi)          (xii) 
-------------      -----------    -----------    --------------  ------------  ------------  ------------  ----------- 
 GB00B54X0432   10,733,333       10,733,333       9,533,333       9,533,333     4,900,000     4.7%          2.4% 
-------------  ---------------  ---------------  --------------  ------------  ------------  ------------  ----------- 
 
 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 
-------------------------------------------------  ------------------------------------------------------------------- 
 14,433,333                                         7.1% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------- 
 
   Peter Kennedy Gain personally holds 9,533,3333 shares 
   and 4,900,000 shares are held by Draper Gain Investments 
   Ltd (a company wholly owned by Peter Kennedy Gain), 
   total beneficial holding 7.1%. 
 
 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: 
--------------------------------------------------------------  ------------------- 
 
 
  13. Additional information: 
------------------------------------------------------------  --------------------- 
 14. Contact name:                                               Peter Kennedy Gain 
------------------------------------------------------------  --------------------- 
 15. Contact telephone number: 
------------------------------------------------------------  --------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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April 07, 2017 10:47 ET (14:47 GMT)