Motive Television PLC Holding(s) in Company (4991O)

TIDMMTV

RNS Number : 4991O

Motive Television PLC

09 February 2016

 
 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 
  pecify): 
----------------------------------------------------------    -------------------------------- 
 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                                           4 February 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                              8 February 2016 
  notified: 
-----------------------------------------------------------  --------------------------------- 
                                                                3%, 4%, 5%, 6%, 7%, 8%, 9%, 
                                                                10%, 11%, 12%, 13%, 14%, 15%, 
 7. Threshold(s) that is/are                                    16%, 17%, 18%, 19%, 20%, 21%, 
  crossed or                                                    22%, 23%, 24%, 25%, 26%, 27%, 
  reached: (vi, vii)                                                      28%, 29% 
-----------------------------------------------------------  --------------------------------- 
 
 
 
 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) 
------------    ------------    ------------  -------------  ---------  --------  --------------  --------  --------- 
 
  Below           Below 
   3%              3%                                                              527,777,778               29.8% 
 --------------  -----------------------------  ---------  ---------------------  --------------  --------  --------- 
 
 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 
------------------------------------------------------------  ------------------------------------------------------- 
 527,777,778                                                   29.8% 
------------------------------------------------------------  ------------------------------------------------------- 
 
 
 
 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

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February 09, 2016 04:00 ET (09:00 GMT)