WideCells Group PLC Holding(s) in Company (3135V)

TIDMWDC

RNS Number : 3135V

WideCells Group PLC

05 April 2019

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 1. Identity of the issuer or the underlying                       Widecells Plc (WDC) 
  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                                      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                                  Align Research Ltd 
  to the 
  notification obligation: (iii) 
                                              ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
                                              ---------------------------------------- 
 5. Date of the transaction and date                                      5 April 2019 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
                                              ---------------------------------------- 
 6. Date on which issuer notified:                                        5 April 2019 
                                              ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                               23% 
                                              ---------------------------------------- 
 
 
 
 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) 
               ----  -------  ------  -----  ---  -------------  --------------  ---------  ---------------  ------------ 
 
 Ord shares   18,000,000       2.27%               24,000,000     24,000,000      0          3.03% 
             ---------------  ------------------  -------------  --------------  ---------  ---------------  ------------ 
 
 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 
                                                               ---------------------------------------------------------- 
 24,000,000                                                     3.03% 
                                                               ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
 
 
 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:                                                    R Jennings 
                                          -------------------------------------- 
 15. Contact telephone number:                                     0207 609 0910 
                                          -------------------------------------- 
 
 

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April 05, 2019 07:15 ET (11:15 GMT)