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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Nasstar Plc | LSE:NASA | London | Ordinary Share | GB00B0T1S097 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 12.75 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMNASA
RNS Number : 8295I
Nasstar PLC
02 September 2016
Nasstar plc
("Nasstar" or the "Company")
Holdings in Company
Nasstar plc (AIM: NASA), a provider of hosted managed and cloud computing services, has received notification from Close Asset Management Limited that it has a total direct and indirect interest in 20,383,421 ordinary shares of 1p each in the Company, equivalent to 3.63% of Nasstar's total issued share capital. The full notification is provided below.
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) ----------------------------------------------------------------------------------------------- 1. Identity of the issuer or NASSTAR ORD GBP0.01 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 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) Close Asset Management Limited subject to the notification obligation: (iii) ----------------------------------------------------------- ---------------------------------- 4. Full name of shareholder(s) (if different from 3.):(iv) ----------------------------------------------------------- ---------------------------------- 5. Date of the transaction 01/09/2016 and date on which the threshold is crossed or reached: (v) ----------------------------------------------------------- ---------------------------------- 6. Date on which issuer 02/09/2016 notified: ----------------------------------------------------------- ---------------------------------- 7. Threshold(s) that is/are crossed or reached: (vi, vii) 5% ----------------------------------------------------------- ---------------------------------- 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 % of voting of of of shares voting rights (x) Shares Voting rights Rights ------------- --------------- --------------- ------------- --------------------------- ------------------------- Direct Direct Indirect Direct Indirect (xi) (xii) ------------- ----------- ----------- ------------- ------------- ------------ ------------ ----------- GB00B0T1S097 20,383,421 20,383,421 20,383,421 20,383,421 3.63% --------------- --------------- ------------- ------------- ------------ ------------ ----------- 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 ------------------------------------------------- ------------------------------------------------------------------- 20,383,421 3.63% ------------------------------------------------- ------------------------------------------------------------------- 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: (xxi) --------------------------------------------------------------------------------------------------- Close Asset Management Limited 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: -------------------------------------------------------------- ----------------------------------- On 31(st) August 2016 Close 13. Additional information: Brothers Asset Management purchased 10,266,664 shares in Nasstar Ord. This brought our shareholding to 20,383,421 and 5.3% of the shares in issue. On 1(st) September 2016 the number of shares in issue increased, thereby diluting our overall holding to 3.63%. This is based on the shares in issue figure of 562,208,953. This is the required notification that the holding has crossed 5% of the shares in issue. ------------------------------------------------------------ ------------------------------------- 14. Contact name:
------------------------------------------------------------ ------------------------------------- 15. Contact telephone number: ------------------------------------------------------------ -------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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(END) Dow Jones Newswires
September 02, 2016 05:55 ET (09:55 GMT)
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