SCISYS PLC Holding(s) in Company (4701P)

TIDMSSY

RNS Number : 4701P

SCISYS PLC

31 August 2017

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or                                                               Scisys 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)                                                                 Downing LLP 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ----------------------------------------- 
 4. Full name of shareholder(s)                                         MI Downing UK Micro-Cap Growth 
  (if different from 3.):(iv)                                                                     Fund 
                                                                       Client funds managed by Downing 
                                                                                                   LLP 
-----------------------------------------------------------  ----------------------------------------- 
 5. Date of the transaction                                                                 30/08/2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ----------------------------------------- 
 6. Date on which issuer                                                                    31/08/2017 
  notified: 
-----------------------------------------------------------  ----------------------------------------- 
 7. Threshold(s) that is/are                                                                  Below 6% 
  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) 
-----------      ---------  -----------      ------------  ------------  ------------  -----------  ---------  ---------- 
 0152075 
  Ordinary 
  shares      1,736,426                   1,736,426         1,571,426     1,571,426                  5.42% 
             --------------------------  ----------------  ------------  ------------  -----------  ---------  ---------- 
 
 
 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 
-----------------------------------------------------------  ------------------------------------------------------------ 
 1,571,426                                                    5.42% 
-----------------------------------------------------------  ------------------------------------------------------------ 
 
 
 
 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:                                              Grant Whitehouse 
-------------------------------------------------------------  ----------------- 
 15. Contact telephone number:                                     0207 416 7780 
-------------------------------------------------------------  ----------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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August 31, 2017 08:36 ET (12:36 GMT)