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MWE Mti Wireless Edge Ltd.

42.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mti Wireless Edge Ltd. LSE:MWE London Ordinary Share IL0010958762 ORD ILS0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 42.00 41.00 43.00 42.50 42.00 42.00 59,113 08:10:11
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Communications Equip, Nec 45.63M 4.05M 0.0458 9.17 37.13M

MTI Wireless Edge Limited Holding(s) in Company (3411Y)

20/08/2018 4:18pm

UK Regulatory


TIDMMWE

RNS Number : 3411Y

MTI Wireless Edge Limited

20 August 2018

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible)(i) 
 
 1a. Identity of the issuer or the                                       MTI Wireless Edge Ltd 
  underlying issuer of existing shares 
  to which voting rights are attached(ii) 
  : 
                                                     ------------------------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                ------------------ 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights 
                                                                                                ------------------ 
 An acquisition or disposal of financial instruments 
                                                                                                ------------------ 
 An event changing the breakdown of voting rights Share issue following                                  X 
  merger 
                                                                                                ------------------ 
 Other (please specify)(iii) : 
                                                                                                ------------------ 
 3. Details of person subject to the notification obligation(iv) 
 Name                                                 Herald Investment Management Limited 
 City and country of registered office                10-11 Charterhouse Square, London 
  (if applicable)                                      EC1M6EE 
 4. Full name of shareholder(s) (if different from 3.)(v) 
 Name                                                 Discretionary investment management 
                                                       clients of Herald Investment Management 
                                                       Limited 
                                                     ------------------------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                     ------------------------------------------------------------- 
 5. Date on which the threshold was                   17/08/2018 
  crossed or reached(vi) : 
                                                     ------------------------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY):       20/08/2018 
                                                     ------------------------------------------------------------- 
 7. Total positions of person(s) subject to the notification obligation 
                                  % of voting          % of voting rights      Total of both     Total number 
                                 rights attached        through financial        in % (8.A +      of voting rights 
                                to shares (total           instruments              8.B)          of issuer(vii) 
                                    of 8. A)              (total of 8.B 
                                                           1 + 8.B 2) 
                            -----------------------  ----------------------  -----------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                 3.23%                    Nil                     3.23%              87,038,724 
                            -----------------------  ----------------------  -----------------  ------------------ 
 Position of 
  previous notification 
  (if 
  applicable)                5.4%                     Nil                     5.4% 
                            -----------------------  ----------------------  -----------------  ------------------ 
 
 
 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached(viii) 
 A: Voting rights attached to shares 
 Class/type of      Number of voting rights(ix)                  % of voting rights 
  shares 
  ISIN code (if 
  possible) 
                          Direct                Indirect                       Direct                       Indirect 
                    (Art 9 of Directive   (Art 10 of Directive           (Art 9 of Directive          (Art 10 of Directive 
                       2004/109/EC)           2004/109/EC)              2004/109/EC) (DTR5.1)             2004/109/EC) 
                         (DTR5.1)              (DTR5.2.1)                                                  (DTR5.2.1) 
                                         --------------------- 
 IL0010958762                             2,808,757                                                   3.23% 
                   --------------------  ---------------------  -----------------------------------  --------------------- 
 
 
 SUBTOTAL 8. A      2,808,757                                                              3.23% 
                   -------------------------------------------  ---------------------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of            Expiration            Exercise/              Number of voting                     % of voting 
  financial          date(x)              Conversion              rights that may                      rights 
  instrument                              Period(xi)              be acquired if 
                                                                  the instrument 
                                                                  is 
                                                                  exercised/converted. 
                   --------------------  ---------------------  -----------------------------------  --------------------- 
 
 
 
                                          SUBTOTAL 8. B 1 
                                         ---------------------  -----------------------------------  --------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of           Expiration             Exercise/              Physical or       Number of          % of voting 
  financial         date(x)               Conversion             cash               voting rights      rights 
  instrument                              Period (xi)            settlement(xii) 
                  ---------------------  ---------------------  ----------------  ----------------- 
 
 
 
                                                                 SUBTOTAL 8.B.2 
                                                                ----------------  ----------------- 
 
 
 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 Person subject to the notification obligation is not controlled                          N/A 
  by any natural person or legal entity and does not control any other 
  undertaking(s) holding directly or indirectly an interest in the 
  (underlying) issuer(xiii) 
 Full chain of controlled undertakings through which the voting rights                    N/A 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity(xiv) (please add additional 
  rows as necessary) 
    Name(xv)            % of voting rights             % of voting rights         Total of both if 
                          if it equals or               through financial          it equals or is 
                         is higher than the             instruments if it          higher than the 
                        notifiable threshold           equals or is higher       notifiable threshold 
                                                       than the notifiable 
                                                            threshold 
                 --------------------------------  -------------------------  ------------------------ 
 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder                           N/A 
                                                   --------------------------------------------------- 
 The number and % of voting rights                  N/A 
  held 
                                                   --------------------------------------------------- 
 The date until which the voting rights             N/A 
  will be held 
                                                   --------------------------------------------------- 
 
 11. Additional information(xvi) 
 Based on total voting rights of 87,038,724 as per company announcement 
  on 13 August 2018. 
 
 
 
 Place of completion   London 
 Date of completion    20/08/2018 
                      ----------- 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

HOLPGUWGRUPRGAU

(END) Dow Jones Newswires

August 20, 2018 11:18 ET (15:18 GMT)

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