RhythmOne PLC Holding(s) in Company (4848J)

TIDMRTHM

RNS Number : 4848J

RhythmOne PLC

28 June 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 qualifying financial 
  instruments 
----------------------------------------------------------------  ----------------------------------- 
 An event changing the breakdown of voting rights 
----------------------------------------------------------------  ----------------------------------- 
 Other (please 
  specify): 
---------------------------------------------------------  -----  ----------------------------------- 
 3. Full name of person(s)                                             Lombard Odier Asset Management 
  subject to the notification                                                        (Europe) Limited 
  obligation: (iii) 
-----------------------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                                      Disclosure on behalf of accounts 
  (if different from 3.):(iv)                                              managed on a discretionary 
                                                                    basis by Lombard Odier Investment 
                                                                                      Managers group. 
-----------------------------------------------------------  ---------------------------------------- 
 5. Date of the transaction                                                                27/06/2017 
  and date on which the threshold 
  is crossed or reached: (v) 
-----------------------------------------------------------  ---------------------------------------- 
 6. Date on which issuer                                                                   28/06/2017 
  notified: 
-----------------------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are                                                                 Above 5% 
  crossed or reached: (vi, 
  vii) 
-----------------------------------------------------------  ---------------------------------------- 
 
 
 
 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                                                             18,240,223             3.68% 
                                                                -------  -----------  --------  --------- 
 
 
 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. 
----------------  -------------  -----------------------------  --------------------  ------------------- 
 CFD                                                             7,952,657             1.60% 
----------------  -------------  -----------------------------  --------------------  ------------------- 
 
 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 
-----------------------------------------------  -------------------------------------------------------- 
 26,192,880                                       5.28% 
-----------------------------------------------  -------------------------------------------------------- 
 
 
 
 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:                                                   Kiran Bassi 
-------------------------------------------------------------  ----------------- 
 15. Contact telephone number:                                  [phone] 
-------------------------------------------------------------  ----------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 28, 2017 12:13 ET (16:13 GMT)