Spectra Systems Corporation TR-1: Notification of major interest in shares (0094F)

TIDMSPSY TIDMSPSC TIDMSPSY

RNS Number : 0094F

Spectra Systems Corporation

16 April 2014

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
----------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                               Spectra Systems Corp 
  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) subject                   City Financial Investment Company Limited, 
  to the                                            acting as Investment Manager and Authorised 
  notification obligation: (iii)                       Corporate Director of the City Financial 
                                                                                 UK Equity Fund 
--------------------------------------------  ------------------------------------------------- 
 4. Full name of shareholder(s)                              BNY Mellon Trust and Depositary as 
  (if different from 3.):(iv)                           Trustee to the City Financial UK Equity 
                                                                                           Fund 
--------------------------------------------  ------------------------------------------------- 
 5. Date of the transaction and date                                          15(th) April 2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ------------------------------------------------- 
 6. Date on which issuer notified:                                            16(th) April 2014 
--------------------------------------------  ------------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                         6% 
--------------------------------------------  ------------------------------------------------- 
 
 
 
 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 
                 of                   of                    of shares       rights                     rights (x) 
                 Shares               Voting 
                                      Rights 
-------------  -------------------  --------------------  --------------  -------------------------  --------------------- 
                                                           Direct          Direct      Indirect       Direct   Indirect 
                                                                           (xi)         (xii) 
-------------    -----  -----  ---  -----  -----  ------  --------------  ----------  -------------  -------  ------------ 
 US84756T1060   2,500,000            2,500,000             2,900,000       2,900,000                  6.41% 
               -------------------  --------------------  --------------  ----------  -------------  -------  ------------ 
 
 
-------------------------------------------------------------------------------------------------------------------------- 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial       Expiration         Exercise/                    Number of voting           % of voting 
  instrument              date (xiii)        Conversion Period            rights that may            rights 
                                             (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 
----------------------------------------------------------------  -------------------------------------------------------- 
 2,900,000                                                         6.41% 
----------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
   N/A 
 
 Proxy Voting: 
-------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                               N/A 
---------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will                               N/A 
  cease 
  to hold: 
---------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to                                N/A 
  hold 
  voting rights: 
---------------------------------------------------  --------------------------- 
 
 
  13. Additional information: 
----------------------------------------  -------------------------------------- 
 14. Contact name:                                                 Chris Sturdee 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:                                     020 7451 9600 
----------------------------------------  -------------------------------------- 
 
 

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The company news service from the London Stock Exchange

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