Xeros Technology Group plc Holding(s) in Company (1171D)

TIDMXSG

RNS Number : 1171D

Xeros Technology Group plc

24 April 2017

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                  Xeros Technology Group 
  the underlying issuer                                                           Plc 
  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)                                       Baillie Gifford & Co 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------ 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------ 
 5. Date of the transaction                                             20 April 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------ 
 6. Date on which issuer                                                24 April 2017 
  notified: 
-----------------------------------------------------------  ------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                               5% 
-----------------------------------------------------------  ------------------------ 
 
 
 
 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) 
--------------  ------------  ------------  ------------  -------  ------------  --------  --------- 
 Ordinary 
  Shares                                                            Below                   Below 
  GB00BJFLLV84   3850817       3850817                               5%                      5% 
                ------------  ------------  ------------  -------  ------------  --------  --------- 
 
 
 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. 
--------------  ------------  --------------------------  ---------------------  ------------------- 
 N/A 
--------------  ------------  --------------------------  ---------------------  ------------------- 
 
 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) 
--------------  ------------  ------------  ------------  ---------------------  ------------------- 
 N/A                                                                              Nominal   Delta 
--------------  ------------  ------------  ------------  ---------------------  --------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------- 
 Number of voting rights                     Percentage of voting rights 
------------------------------------------  -------------------------------------------------------- 
 Below 5%                                    Below 5% 
------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------- 
                    In the narrative below, the figures in [ ] indicate 
                    the amount of voting rights and the percentage held 
                         by each controlled undertaking where relevant. 
 
              Baillie Gifford & Co, a discretionary investment manager, 
                  is the parent undertaking of an investment management 
                                                                 group. 
 
                Its wholly-owned subsidiary undertaking Baillie Gifford 
                & Co Limited [below 5%] is an OEIC Authorised Corporate 
                    Director and Unit Trust Manager which has delegated 
                its discretionary investment management role to Baillie 
                                                          Gifford & Co. 
 
 Proxy Voting: 
----------------------------------------------------------------------- 
 10. Name of the proxy holder:                                      N/A 
-------------------------------------------------------  -------------- 
 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:                                           Mike Bassi 
-------------------------------------------------------  -------------- 
 15. Contact telephone number:                            0131 275 3852 
-------------------------------------------------------  -------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 24, 2017 05:54 ET (09:54 GMT)