Microsaic Systems plc TR-1: Notification of Major Interest in Shares (9411J)

TIDMMSYS

RNS Number : 9411J

Microsaic Systems plc

15 September 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                 Microsaic Systems 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                            ü 
----------------------------------------------------------  ----------------------------- 
 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)                                 Octopus Investments Nominees 
  subject to the                                                      Limited 
  notification obligation: 
  (iii) 
------------------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s)                                        n/a 
  (if different from 3.):(iv) 
------------------------------------------------------  --------------------------------- 
 5. Date of the transaction                                         13/09/2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                            14/09/2016 
  notified: 
------------------------------------------------------  --------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                  9-11% 
------------------------------------------------------  --------------------------------- 
 
 
 
 8. Notified details: n/a 
---------------------------------------------------------------------------------------------------------------------- 
 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                  % of voting 
                of                of                of shares       voting                     rights (x) 
                Shares            Voting                            rights 
                                  Rights 
-------------  ---------------  ----------------  --------------  -------------------------  ------------------------- 
                                                   Direct          Direct       Indirect      Direct        Indirect 
                                                                    (xi)         (xii) 
-------------      -----------    ------------    --------------  -----------  ------------  ------------  ----------- 
 GB00B547ZY09   6225437          6225437           21525437        21525437                   11.87% 
               ---------------  ----------------  --------------  -----------  ------------  ------------  ----------- 
 
 
 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 
--------------------------------------------------  ------------------------------------------------------------------ 
 21525437                                            11.87% 
--------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------- 
 
   n/a 
 
 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:                                        Niki Read 
-------------------------------------------------------  -------------- 
 15. Contact telephone number:                            0207 776 7969 
-------------------------------------------------------  -------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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September 15, 2016 05:02 ET (09:02 GMT)