Parallel Media Group PLC Holding(s) in Company (5667F)

TIDMPAA TIDMOIG

RNS Number : 5667F

Parallel Media Group PLC

28 July 2016

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                                                  PARALLEL MEDIA GROUP PLC 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: (ii) 
-------------------------------------------------------------------------  ------------------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
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 An acquisition or disposal of voting rights                                                    ü 
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 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) subject                                              ORYX INTERNATIONAL GROWTH FUND LIMITED 
  to the 
  notification obligation: (iii) 
---------------------------------------------------------------------  ----------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
---------------------------------------------------------------------  ----------------------------------------------- 
 5. Date of the transaction and date                                                                      27 JULY 2016 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
---------------------------------------------------------------------  ----------------------------------------------- 
 6. Date on which issuer notified:                                                                        28 JULY 2016 
---------------------------------------------------------------------  ----------------------------------------------- 
 7. Threshold(s) that is/are crossed                                                              28%, 27%, 26%, & 25% 
  or 
  reached: (vi, vii) 
---------------------------------------------------------------------  ----------------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                Resulting situation after the triggering 
 of              to the triggering                 transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  --------------------------------  --------------------------------------------------------------------- 
                Number           Number           Number          Number of voting         % of voting rights 
                of                of               of shares       rights                   (x) 
                Shares            Voting 
                                  Rights 
-------------  ---------------  ---------------  --------------  -----------------------  ---------------------------- 
                                                  Direct          Direct      Indirect     Direct        Indirect 
                                                                   (xi)        (xii) 
-------------      -----------    -----------    --------------  ----------  -----------  ------------  -------------- 
 GB00BGSGT481   853,984          853,984          749,155         749,155                  24.89% 
               ---------------  ---------------  --------------  ----------  -----------  ------------  -------------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                        Number of voting           % of voting 
 financial           date (xiii)    Conversion Period                rights that may            rights 
 instrument                         (xiv)                            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 rights 
 financial         price         date (xvii)    Conversion         rights instrument          (xix, xx) 
 instrument                                     period             refers to 
                                                (xviii) 
---------------  -------------  -------------  ----------------  -------------------------  -------------------------- 
                                                                                             Nominal       Delta 
---------------  -------------  -------------  ----------------  -------------------------  ------------  ------------ 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 749,155                                            24.89% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------------------------------------------- 
 
 
 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:                                                                                     SARAH HENDRY 
                                                                                FOR BNP PARIBAS SECURITIES SERVICES 
                                                                                            S.C.A., GUERNSEY BRANCH 
                                                                                               AS COMPANY SECRETARY 
----------------------------------------------------------------------------  ------------------------------------- 
 15. Contact telephone number:                                                                         01481 750822 
----------------------------------------------------------------------------  ------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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July 28, 2016 10:33 ET (14:33 GMT)