Ideagen PLC Holding(s) in Company (9532G)

TIDMIDEA

RNS Number : 9532G

Ideagen PLC

25 November 2015

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                          Ideagen 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 
  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)                                                    Kestrel Partners LLP 
  subject to the 
  notification obligation: 
  (iii) 
---------------------------------------------------------  --------------------------------------- 
 4. Full name of shareholder(s)                                      Kestrel Opportunities, a cell 
  (if different from 3.):(iv)                                           of Guernsey Portfolios PCC 
                                                                  Ltd (through BNY Mellon Nominees 
                                                                        Limited) and various other 
                                                                       clients of Kestrel Partners 
                                                                         LLP (through JIM Nominees 
                                                                                              Ltd) 
---------------------------------------------------------  --------------------------------------- 
 5. Date of the transaction                                                       20 November 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
---------------------------------------------------------  --------------------------------------- 
 6. Date on which issuer                                                          24 November 2015 
  notified: 
---------------------------------------------------------  --------------------------------------- 
 7. Threshold(s) that is/are                                                       Down through 3% 
  crossed or 
  reached: (vi, vii) 
---------------------------------------------------------  --------------------------------------- 
 
 
 
 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           rights                 rights (x) 
                 Shares                      Voting           shares 
                                             Rights 
-------------  --------------------------  ----------------  ----------  ---------------------  ------------------------- 
                                                              Direct      Direct     Indirect    Direct        Indirect 
                                                                          (xi)        (xii) 
-------------      ---------  -----------      ------------  ----------  ---------  ----------  ------------  ----------- 
 Ordinary 
 Shares of 
 1p each 
 ISIN 
 GB00B0CM0C50   5,688,351                   5,688,351         n/a         n/a        1,442,636   n/a           0.81% 
               --------------------------  ----------------  ----------  ---------  ----------  ------------  ----------- 
 
 
 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. 
-----------------  ------------------------  ----------------------------  -----------------------  --------------------- 
 n/a                n/a                       n/a                           n/a                      n/a 
-----------------  ------------------------  ----------------------------  -----------------------  --------------------- 
 
 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) 
---------------  -----------  ---------------  ------------------------  -----------------------  ----------------------- 
 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 
-------------------------------------------------------------  ---------------------------------------------------------- 
 1,442,636                                                      0.81% 
-------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------------------------------- 
                                           Indirect - BNY Mellon Nominees Limited - 381,821 Shares. 
                                                                             0.21% of voting rights 
                                                Indirect - JIM Nominees Limited - 1,060,815 Shares. 
                                                                             0.59% of voting rights 
 
 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: 
-------------------------------------------------------------  ------------------------------------ 
 
                                                                Disclosure based on Total 
  13. Additional information:                                   voting rights of 178,858,428 

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November 25, 2015 08:42 ET (13:42 GMT)