Holding(s) in Company (2407X)

TIDMAVI

RNS Number : 2407X

Avisen PLC

10 February 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): 
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 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                T1ps Investment Management (IOM) Limited 
  to the 
  notification obligation: (iii) 
-----------------------------------------  ----------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
                                                                     BNY Nominees Limited, 
                                                            State Street Nominees Limited, 
-----------------------------------------  ----------------------------------------------- 
 5. Date of the transaction and date                                                7/2/12 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
-----------------------------------------  ----------------------------------------------- 
 6. Date on which issuer notified:                                                 10/2/12 
-----------------------------------------  ----------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                                8%, 7% 
-----------------------------------------  ----------------------------------------------- 
 
 
 
 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) 
-----------    ----  -------  ------  -----  ---  -------------  --------------  ---------  ---------------  ------------- 
 
              28,345,787       28,345,787          22,875,787     22,875,787                 6.53% 
-----------  ---------------  ------------------  -------------  --------------  ---------  ---------------  ------------- 
 
 B: Qualifying Financial Instruments 
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 Resulting situation after the triggering transaction 
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 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 
-------------------------------------------------------------  ----------------------------------------------------------- 
 22,875,787                                                     6.53% 
-------------------------------------------------------------  ----------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
---------------------------------------------------------------------------------- 
 
       Funds under the discretionary management of T1ps Investment Management 
       (IOM) Limited: 
 
        *    SF T1ps Smaller Companies Growth Fund (5.55%) 
 
 
        *    Elite T1ps Income & Growth Fund (0.98%) 
 
 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:                                                      Ross Jones 
-----------------------------------------  --------------------------------------- 
 15. Contact telephone number:                                        01624 641308 
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This information is provided by RNS

The company news service from the London Stock Exchange

END

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