TechFinancials Inc. Holding(s) in Company (0351C)

TIDMTECH

RNS Number : 0351C

TechFinancials Inc.

16 January 2018

TR-1: Standard form for notification of major holdings

 
  NOTIFICATION OF MAJOR HOLDINGS (to be sent to the 
   relevant issuer and to the FCA in Microsoft Word 
   format if possible)(i) 
 
  1a. Identity of the issuer                                         TECHFINANCIALS INC 
   or the underlying issuer 
   of existing shares to which 
   voting rights are attached(ii) 
   : 
                                                  ------------------------------------------------------ 
  1b. Please indicate if the issuer is a non-UK issuer 
   (please mark with an "X" if appropriate) 
  Non-UK issuer 
                                                                                       ----------------- 
  2. Reason for the notification (please mark the appropriate 
   box or boxes with an "X") 
  An acquisition or disposal of voting rights 
                                                                                       ----------------- 
  An acquisition or disposal of financial instruments 
                                                                                       ----------------- 
  An event changing the breakdown of voting rights 
                                                                                       ----------------- 
  Other (please specify)(iii) : 
                                                                                       ----------------- 
  3. Details of person subject to the notification 
   obligation(iv) 
  Name                                              Danny Magen 
  City and country of registered 
   office (if applicable) 
  4. Full name of shareholder(s) (if different from 
   3.)(v) 
  Name 
                                                  ------------------------------------------------------ 
  City and country of registered 
   office (if applicable) 
                                                  ------------------------------------------------------ 
  5. Date on which the threshold                    14/01/2018 
   was crossed or reached(vi) 
   : 
                                                  ------------------------------------------------------ 
  6. Date on which issuer                           15/01/2018 
   notified (DD/MM/YYYY): 
                                                  ------------------------------------------------------ 
  7. Total positions of person(s) subject to the notification 
   obligation 
                                 % of voting          % of voting         Total of       Total number 
                               rights attached      rights through        both in %      of voting 
                                  to shares            financial         (8.A + 8.B)     rights 
                                  (total of           instruments                        of issuer(vii) 
                                    8. A)              (total of 
                                                      8.B 1 + 8.B 
                                                          2) 
                           ---------------------  -----------------  ----------------  ----------------- 
  Resulting 
   situation 
   on the 
   date on 
   which threshold 
   was crossed 
   or reached                6.55                                      6.55              72549394 
                           ---------------------  -----------------  ----------------  ----------------- 
  Position 
   of previous 
   notification 
   (if 
   applicable)               7.68                                      7.68 
                           ---------------------  -----------------  ----------------  ----------------- 
 
 
 
  8. Notified details of the resulting situation on 
   the date on which the threshold was crossed or reached(viii) 
  A: Voting rights attached to shares 
  Class/type            Number of voting rights(ix)         % of voting rights 
   of 
   shares 
   ISIN code 
   (if possible) 
                            Direct           Indirect                   Direct                    Indirect 
                           (Art 9 of         (Art 10 of                (Art 9 of                  (Art 10 of 
                           Directive         Directive                 Directive                  Directive 
                          2004/109/EC)      2004/109/EC)              2004/109/EC)               2004/109/EC) 
                            (DTR5.1)         (DTR5.2.1)                 (DTR5.1)                  (DTR5.2.1) 
                                         --------------- 
  VGG870911077          4750000                             6.55 
                      -----------------  ---------------  ---------------------------------  ----------------- 
 
 
  SUBTOTAL 
   8. A                             4750000                                        6.55 
                      ----------------------------------  ---------------------------------------------------- 
 
  B 1: Financial Instruments according to Art. 13(1)(a) 
   of Directive 2004/109/EC (DTR5.3.1.1 (a)) 
  Type of               Expiration         Exercise/        Number of voting                   % of voting 
   financial             date(x)            Conversion       rights that                        rights 
   instrument                               Period(xi)       may be acquired 
                                                             if the instrument 
                                                             is 
                                                             exercised/converted. 
                      -----------------  ---------------  ---------------------------------  ----------------- 
 
 
 
                                           SUBTOTAL 8. 
                                            B 1 
                                         ---------------  ---------------------------------  ----------------- 
 
  B 2: Financial Instruments with similar economic 
   effect according to Art. 13(1)(b) of Directive 2004/109/EC 
   (DTR5.3.1.1 (b)) 
  Type                 Expiration          Exercise/        Physical            Number         % of voting 
   of financial         date(x)            Conversion       or cash              of voting      rights 
   instrument                              Period           settlement(xii)      rights 
                                           (xi) 
                     ------------------  ---------------  ------------------  ------------- 
 
 
 
                                                            SUBTOTAL 
                                                             8.B.2 
                                                          ------------------  ------------- 
 
 
 
 
  9. Information in relation to the person subject 
   to the notification obligation (please mark the 
   applicable box with an "X") 
  Person subject to the notification obligation is 
   not controlled by any natural person or legal entity 
   and does not control any other undertaking(s) holding 
   directly or indirectly an interest in the (underlying) 
   issuer(xiii) 
  Full chain of controlled undertakings through which 
   the voting rights and/or the 
   financial instruments are effectively held starting 
   with the ultimate controlling natural person or 
   legal entity(xiv) (please add additional rows as 
   necessary) 
   Name(xv)        % of voting              % of voting              Total of both 
                   rights if it            rights through             if it equals 
                   equals or is        financial instruments          or is higher 
                    higher than             if it equals          than the notifiable 
                  the notifiable            or is higher               threshold 
                     threshold          than the notifiable 
                                             threshold 
              --------------------  -------------------------  ------------------------ 
 
 
 
 
 
 
  10. In case of proxy voting, please identify: 
  Name of the proxy holder 
                                    --------------------------------------------------- 
  The number and % of voting 
   rights held 
                                    --------------------------------------------------- 
  The date until which the 
   voting rights will be held 
                                    --------------------------------------------------- 
 
  11. Additional information(xvi) 
 
 
 
 
  Place of completion    Israel 
  Date of completion     15/01/2018 
                       ------------ 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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January 16, 2018 08:41 ET (13:41 GMT)