RhythmOne PLC Holding(s) in Company (4743T)

TIDMRTHM

RNS Number : 4743T

RhythmOne PLC

05 January 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
--------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                RHYTHMONE 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                             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 qualifying82,766,169 
  financial instruments 
----------------------------------------------------------  --------------------------- 
 An event changing the breakdown of voting rights 
----------------------------------------------------------  --------------------------- 
 Other (please specify): Securities have been loaned                     x 
  out 
----------------------------------------------------------  --------------------------- 
 3. Full name of person(s)                                   TOSCAFUND ASSET MANAGEMENT 
  subject to the notification                                 LLP 
  obligation: (iii) 
----------------------------------------------------------  --------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)                                  TOSCA MICRO CAP 
 
                                                               TOSCA MID CAP 
 
                                                               TOSCA OPPORTUNITY 
 
                                                               THE PEGASUS FUND LIMITED 
----------------------------------------------------------  --------------------------- 
 5. Date of the transaction                                  30/12/2017 
  and date on which the threshold 
  is crossed or reached: (v) 
----------------------------------------------------------  --------------------------- 
 6. Date on which issuer                                     04/01/2017 
  notified: 
----------------------------------------------------------  --------------------------- 
 7. Threshold(s) that is/are 
  crossed or reached: (vi, 
  vii)                                                       29% 
----------------------------------------------------------  --------------------------- 
 
 
 
 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) 
--------------      ------------    ------------    ---------------  ---------  -------------  ------------  ----------- 
 
 
 
  GB00B1WBW239   114,126,808       114,126,808       120,377,899*     0          120,377,899*   0             29.67% 
                ----------------  ----------------  ---------------  ---------  -------------  ------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of financial   Expiration      Exercise/                          Number of voting            % of voting 
  instrument          date            Conversion                         rights that                 rights 
                      (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 
----------------------------------------------------  ------------------------------------------------------------------ 
 117,907,502                                           29.06% 
----------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------- 
 
   *2,470,397 shares have been loaned out by Toscafund 
   Asset Management LLP. 
 
 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:                              None 
-------------------------------------------------------  -------------- 
 14. Contact name:                                        Robert Lord 
-------------------------------------------------------  -------------- 
 15. Contact telephone number:                            020 7845 6100 
-------------------------------------------------------  -------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 05, 2017 09:49 ET (14:49 GMT)