Motive Television PLC Holding(s) in Company (4312R)

TIDMMTV

RNS Number : 4312R

Motive Television PLC

26 June 2015

 
 For filings with the FCA include 
  the annex 
 For filings with issuer exclude 
  the annex 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 
 
 1. Identity of the issuer or                                      Motive Television 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 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------  -------------------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------  -------------------------------- 
 Other (please 
  specify): 
----------------------------------------------------------    -------------------------------- 
 3. Full name of person(s)                                      Bergen Asset Management, LLC 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s)                               BNP Paribas Securities Services 
  (if different from 3.):(iv)                                  as custodian for Bergen Global 
                                                                    Opportunity Fund, LP. 
-----------------------------------------------------------  --------------------------------- 
 5. Date of the transaction                                             26 June 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                                26 June 2015 
  notified: 
-----------------------------------------------------------  --------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                               8%, 7%, 6%, 5%, 4%, 3% 
-----------------------------------------------------------  --------------------------------- 
 
 
 
 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 voting      % of voting 
                of              of                        of         rights                rights (x) 
                Shares          Voting                    shares 
                                Rights 
------------  --------------  -------------------------  --------  --------------------  ------------------- 
                                                          Direct    Direct     Indirect   Direct    Indirect 
                                                                     (xi)       (xii) 
------------  --------------  -----------  ------------  --------  ---------  ---------  --------  --------- 
 
               1,636,363,636   1,636,363,636                                   Below 3%             Below 3% 
------------  --------------  -------------------------  --------  ---------  ---------  --------  --------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------ 
 Type of       Expiration      Exercise/                            Number of voting      % of voting 
  financial     date            Conversion                          rights that            rights 
  instrument    (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 
-------------------------------------------------------  --------------------------------------------------- 
 Below 3%                                                 Below 3% 
-------------------------------------------------------  --------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------- 
 
   Bergen Asset Management, LLC is ultimately controlled 
   by Mr. Eugene Tablis 
 
 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:                                              Cory Burns, CFO/COO 
-------------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                  [phone] 
-------------------------------------------------------------  -------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLPGUMGQUPAGQQ