Xplorer PLC Holding in Company (8769D)

TIDMXPL

RNS Number : 8769D

Xplorer PLC

02 April 2014

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the underlying                             Xplorer Plc 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: 
------------------------------------------------  ---------------------------------- 
 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                                   Nicholas Nelson 
  to the 
  notification obligation: 
------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                               31(st) March 2014 
  on 
  which the threshold is crossed 
  or 
  reached: 
------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                                    2nd April 2014 
------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed                                   From 6% to 5% 
  or 
  reached: 
------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------------------------------------- 
 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 rights 
               of              of                    of shares    rights 
               Shares          Voting 
                               Rights 
-----------  --------------  --------------------  -----------  -----------------------  ----------------------------- 
                                                    Direct       Direct        Indirect   Direct         Indirect 
-----------    -----  -----  -------  ------  ---  -----------  ------------  ---------  -------------  -------------- 
 Ordinary 
 Shares 
 B8VWXF6      750,000         750,000               687,500                    687,500                   5.55% 
             --------------  --------------------  -----------  ------------  ---------  -------------  -------------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial     Expiration      Exercise/                       Number of voting            % of voting 
  instrument            date            Conversion Period               rights that may             rights 
                                                                        be 
                                                                        acquired if the 
                                                                        instrument is 
                                                                        exercised/ converted. 
--------------------  --------------  ------------------------------  --------------------------  -------------------- 
 n/a                   n/a             n/a                             n/a                         n/a 
--------------------  --------------  ------------------------------  --------------------------  -------------------- 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of        Exercise      Expiration       Exercise/         Number of voting             % of voting rights 
 financial       price         date             Conversion        rights instrument 
 instrument                                     period            refers to 
-------------  ------------  ---------------  ----------------  ---------------------------  ------------------------- 
 n/a            n/a           n/a              n/a               n/a                          Nominal       Delta 
-------------  ------------  ---------------  ----------------  ---------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  -------------------------------------------------------- 
 687,500                                                       5.55% 
------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
-------------------------------------------------------------------------------- 
 
 
 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:                                               Nicholas Nelson 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:                                      07921 522920 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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