Holding(s) in Company (0891W)

TIDMAVI

RNS Number : 0891W

Avisen PLC

24 January 2012

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                    AVISEN 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                                      u 
-----------------------------------------------------------------------------  ------- 
 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: 
-------------------  --------------------------------------------------------  ------- 
 3. Full name of person(s) subject                     HARGREAVE HALE LIMITED 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                         DISCRETIONARY CLIENTS 
  (if different from 3.):(iv) 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                       23 JANUARY 2012 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                         24 JANUARY 2012 
--------------------------------------------  ---------------------------------------- 
 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 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     Indirect         Direct   Indirect       Direct   Indirect 
                                                                                    (xi)     (xii) 
-------------  ----  -----  ----  ---  -----  ------  ---------  ---------------  -------  -------------  -------  ---------- 
 GB00B09LQS34   17,299,999         17,299,999                     17,699,999                17,699,999              5.0750 
               -----------------  ------------------  ---------  ---------------  -------  -------------  -------  ---------- 
 
 
 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 financial    Exercise          Expiration       Exercise/       Number of voting             % of voting rights 
  instrument           price             date (xvii)      Conversion      rights instrument            (xix, xx) 
                                                          period          refers to 
                                                          (xviii) 
-------------------  ----------------  ---------------  --------------  ---------------------------  ------------------------ 
                                                                                                      Nominal       Delta 
-------------------  ----------------  ---------------  --------------  ---------------------------  ------------  ---------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                                 Percentage of voting rights 
----------------------------------------------------------------------  ----------------------------------------------------- 
 
  17,699,999                                                             5.0750% 
----------------------------------------------------------------------  ----------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------------ 
 All of these shares are held in unit trusts operated by Marlborough Fund 
  Managers Ltd for whom Hargreave Hale Ltd manages the portfolio of investments 
  on a discretionary basis. 
 
 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:                           David Clueit 
------------------------------------------  ---------------------------------------- 
 15. Contact telephone number:               01253 754739 
------------------------------------------  ---------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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