ADVFN PLC Holding(s) in Company (7255O)

TIDMAFN

RNS Number : 7255O

ADVFN PLC

29 May 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                               ADVFN PLC 
  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                                    P 
---------------------------------------------------------------------------  ------- 
 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                                    Mr Zack Keinan 
  to the                                                          Shellhouse Limited 
  notification obligation: (iii)                                   Sweet Sky Limited 
------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                                   27th May 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                                     28th May 2015 
------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed                             12% to 8% inclusive 
  or 
  reached: (vi, vii) 
------------------------------------------  ---------------------------------------- 
 
 
 
 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 rights 
                 of                 of                 of shares     rights                    (x) 
                 Shares             Voting 
                                    Rights 
-----------    -----------------  -----------------  ------------  ------------------------  ----------------------------- 
                                                      Direct        Direct         Indirect   Direct         Indirect 
                                                                     (xi)           (xii) 
-----------    ----  -----  ----  -----  -----  ---  ------------  -------------  ---------  -------------  -------------- 
 Ordinary 
 Shares         3,201,832          3,201,832          1,847,232     1,847,232                 7.32% 
               -----------------  -----------------  ------------  -------------  ---------  -------------  -------------- 
 
 
 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 
---------------------------------------------------------------  --------------------------------------------------------- 
 1,847,232                                                        7.32% 
---------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
--------------------------------------------------------------------------------- 
 
   "Sweet Sky Limited has disposed of all of its interest in shares in ADVFN 
   plc and consequently has no voting rights. Following the disposal of 
   voting rights, the voting rights in ADVFN plc are held by Bank of New 
   York (Nominees) Limited which is acting as nominee for The Bank of New 
   York Mellon which is in turn acting as custodian on behalf of Shellhouse 
   Limited. Shellhouse Limited is a controlled undertaking of Zack Keinan. 
   Zack Keinan has no notification obligation other than as a result of 
   being a controller of Shellhouse Limited." 
 
 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:                                                 Mr Zack Keinan 
-----------------------------------------  -------------------------------------- 
 15. Contact telephone number:                 00972 73 2844520 / 00972 37 642600 
-----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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