Manx Telecom PLC TR-1: Notification of Major Interest in Shares (9700H)

TIDMMANX

RNS Number : 9700H

Manx Telecom PLC

13 June 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                                          Manx Telecom PLC 
  the underlying 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 
--------------------------------------------------------------------------------------------------- 
 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                                               Underlying client account restructure    X 
  specify):                                                  changing the delegated investment 
                                                             management power of voting rights 
----------------------------------------------------------  --------------------------------------- 
 3. Full name of person(s)                                    Aberdeen Asset Managers Limited 
  subject to the                                               (and/or acting for its affiliates) 
  notification obligation:                                     as discretionary investment 
  (iii)                                                        manager on behalf of multiple 
                                                               managed portfolios 
-----------------------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s)                               N/A 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------------------ 
 5. Date of the transaction                                   7 June 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------------ 
 6. Date on which issuer                                      12 June 2017 
  notified: 
-----------------------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                          10% 
-----------------------------------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                            Resulting situation after the 
  of              to the triggering                             triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  --------------------------------------------  -------------------------------------------------------------- 
                 Number                      Number            Number         Number of               % of voting 
                  of                          of               of shares       voting                  rights (x) 
                  Shares                      Voting                           rights 
                                              Rights 
--------------  --------------------------  ----------------  -------------  ----------------------  ----------------------- 
                                                                              Direct     Indirect     Direct      Indirect 
                                                                              (xi)        (xii) 
--------------      ---------  -----------      ------------  -------------  ---------  -----------  ----------  ----------- 
 
 
  IM00BHY3RF70   11,740,167                  11,740,167        11,740,167                10,187,167               8.95% 
                --------------------------  ----------------  -------------  ---------  -----------  ----------  ----------- 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------------- 
 Type of financial   Expiration                Exercise/                        Number of voting        % of voting 
  instrument          date                      Conversion                       rights that             rights 
                      (xiii)                    Period (xiv)                     may 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 
 financial         price         date             Conversion      rights instrument                    rights (xix, 
 instrument                      (xvii)           period          refers to                            xx) 
                                                  (xviii) 
----------------  -----------  ---------------  --------------  -----------------------------------  ----------------------- 
                                                                                                      Nominal       Delta 
----------------  -----------  ---------------  --------------  -----------------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  ------------------------------------------------------------ 
 10,187,167                                                      8.95% 
--------------------------------------------------------------  ------------------------------------------------------------ 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
---------------------------------------------------------------------------------------------------------------------------- 
 
   Aberdeen Asset Managers Limited (7.09%) 
 
 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:                                                                        In reference to section 
                                                                                                  9, the shares detailed are 
                                                                                          managed by the named discretionary 
                                                                                                investment management entity 
                                                                                                  within multiple portfolios 
                                                                                            on behalf of underlying clients, 
                                                                                              based on investment management 

                                                                                               agreements whereby the client 
                                                                                                  has delegated the exercise 
                                                                                                  of the voting power to the 
                                                                                              referenced investment manager. 
 
                                                                                                    This disclosure has been 
                                                                                                 calculated based on a total 
                                                                                         voting rights figure of 113,825,772 
--------------------------------------------------------------  ------------------------------------------------------------ 
 14. Contact name: 
                                                                   Martin Reid 
--------------------------------------------------------------  ------------------------------------------------------------ 
 
 15. Contact telephone number:                                     01224 404253 
--------------------------------------------------------------  ------------------------------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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June 13, 2017 09:11 ET (13:11 GMT)