Mercia Technologies PLC Notification of Major Interest in Shares (2049X)

TIDMMERC

RNS Number : 2049X

Mercia Technologies PLC

17 February 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
-------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                        Mercia Technologies PLC 
  the underlying issuer 
  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)                                    Woodford Investment Management 
  subject to the                                                            LLP ("Woodford") 
  notification obligation: 
----------------------------------------------------------  -------------------------------- 
 4. Full name of shareholder(s)                                          Clients of Woodford 
  (if different from 3.): 
----------------------------------------------------------  -------------------------------- 
 5. Date of the transaction 
  and date on 
  which the threshold is 
  crossed or 
  reached:                                                                        17/02/2017 
----------------------------------------------------------  -------------------------------- 
 6. Date on which issuer 
  notified:                                                                       17/02/2017 
----------------------------------------------------------  -------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                                   21%,22%,23%,24% 
----------------------------------------------------------  -------------------------------- 
 
 
 
 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 
-------------      -----------      -----------    -------------  -------------  ---------------  ----------  ----------- 
 GB00BSL71W47     43,605,042       43,605,042       74,980,042     74,980,042                      24.94% 
---------------  ---------------  ---------------  -------------  -------------  ---------------  ----------  ----------- 
 
 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. 
-----------------  ---------------  ------------------------------  --------------------------  ------------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of        Exercise         Expiration       Exercise/      Number of voting              % of voting 
  financial     price            date             Conversion     rights instrument              rights 
  instrument                                      period         refers to 
-------------  ---------------  ---------------  -------------  ----------------------------  --------------------------- 
                                                                                               Nominal       Delta 
-------------  ---------------  ---------------  -------------  ----------------------------  ------------  ------------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  --------------------------------------------------------- 
  74,980,04                                                      24.94% 
--------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------ 
 
 
 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:                                               Akpene Akonou 
-------------------------------------------------------------  --------------- 
 15. Contact telephone number:                                    01865 809024 
-------------------------------------------------------------  --------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 17, 2017 07:00 ET (12:00 GMT)