Monitise PLC Holding(s) in Company (7712N)

TIDMMONI

RNS Number : 7712N

Monitise PLC

02 February 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
-------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                                   Monitise 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                                 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                              X 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------  ------------------------------ 
 An event changing the breakdown of voting rights 
------------------------------------------------------------  ------------------------------ 
 Other (please 
  specify): 
----------------------------------------------------------    ------------------------------ 
 3. Full name of person(s)                                     Dialectic Capital Management, 
  subject to the                                                                          LP 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------- 
 4. Full name of shareholder(s)                                     Dialectic Offshore, Ltd. 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------- 
 5. Date of the transaction                                                  29 January 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------- 
 6. Date on which issuer                                                     2 February 2016 
  notified: 
-----------------------------------------------------------  ------------------------------- 
 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 
 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         Direct        Indirect   Direct       Indirect 
                                                                          (xi)          (xii) 
------------  ----  ----  -------  -------  ----  -----  -------------  ------------  ---------  -----------  -------------------- 
 GB00B1YMRB8   Below                                      16,333,282     16,333,2                 0.741% 
  2             threshold                                                 82 
              -------------------  --------------------  -------------  ------------  ---------  -----------  -------------------- 
 
 
 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 financial   Exercise       Expiration     Exercise/             Number of voting                  % of voting 
  instrument          price          date           Conversion            rights instrument                 rights (xix, 
                                     (xvii)         period                refers to                         xx) 
                                                    (xviii) 
------------------  -------------  -------------  --------------------  --------------------------------  ------------------------ 
 CFD                                                                     107,300,000                       Nominal         Delta 
------------------  -------------  -------------  --------------------  --------------------------------  --------------  -------- 
                                                                                                           107,300,0       107,300 
                                                                                                            00              0,000 
------------  ----  ----  -------  -------  ----  -----  -----  ------  -----  -----  ---------  -------  --------------  -------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  ------------------------------------------------------------------ 
 123,633,282                                                     5.61% 
--------------------------------------------------------------  ------------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------- 
 
   N/A 
 
 Proxy Voting: 
--------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                          N/A 
-------------------------------------------------------  ------------------ 
 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:                                        Bernadette Murphy 
-------------------------------------------------------  ------------------ 
 15. Contact telephone number:                              [phone] 
-------------------------------------------------------  ------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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February 02, 2016 04:20 ET (09:20 GMT)