Nasstar PLC Holding(s) in Company (0561N)

TIDMNASA

RNS Number : 0561N

Nasstar PLC

03 May 2018

Nasstar plc

("Nasstar" or the "Company")

Holdings in Company

Nasstar plc (AIM: NASA), a provider of hosted managed and cloud computing services, has received notification from River and Mercantile Asset Management LLP that it has a total direct and indirect interest in 27,630,000 ordinary shares of 1p each in the Company, equivalent to 4.81% of Nasstar's total issued share capital. The full notification is provided below.

TR-1: Standard form for notification of major holdings

 
 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                                           NASSTAR PLC 
  or the 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                                                  X 
-------------------------------------------------------------------------------------  -------------- 
 An acquisition or disposal of financial instruments 
-------------------------------------------------------------------------------------  -------------- 
 An event changing the breakdown of voting rights 
-------------------------------------------------------------------------------------  -------------- 
 Other (please specify)(iii) : 
-------------------------------------------------------------------------------------  -------------- 
 3. Details of person subject to the notification obligation(iv) 
 Name                                              River and Mercantile Asset 
                                                    Management LLP 
 City and country of registered                    London, United Kingdom 
  office (if applicable) 
 4. Full name of shareholder(s) (if different from 
  3.)(v) 
----------------------------------------------------------------------------------------------------- 
 Name                                              DISCRETIONARY CLIENTS 
------------------------------------------------  --------------------------------------------------- 
 City and country of registered 
  office (if applicable) 
------------------------------------------------  --------------------------------------------------- 
 5. Date on which the threshold                    02/05/2018 
  was crossed or reached(vi) 
  : 
------------------------------------------------  --------------------------------------------------- 
 6. Date on which issuer                           03/05/2018 
  notified (DD/MM/YYYY): 
------------------------------------------------  --------------------------------------------------- 
 7. Total positions of person(s) subject to the notification 
  obligation 
----------------------------------------------------------------------------------------------------- 
                               % of voting           % of voting         Total of       Total number 
                              rights attached      rights through        both in %       of voting 
                                 to shares            financial         (8.A + 8.B)      rights of 
                                 (total of           instruments                         issuer(vii) 
                                   8. A)              (total of 
                                                     8.B 1 + 8.B 
                                                         2) 
-----------------------  -----------------------  ----------------  -----------------  -------------- 
 Resulting 
  situation 
  on the date 
  on which 
  threshold 
  was crossed 
  or reached              4.81%                                      4.81%                574,262,743 
-----------------------  -----------------------  ----------------  -----------------  -------------- 
 Position 
  of previous 
  notification 
  (if 
  applicable)             5.52%                                      5.52% 
-----------------------  -----------------------  ----------------  -----------------  -------------- 
 
 
 
 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             Number of voting rights(ix)         % of voting rights 
  of 
  shares 
  ISIN code 
  (if possible) 
--------------------- 
                             Direct           Indirect                  Direct                    Indirect 
                            (Art 9 of         (Art 10 of               (Art 9 of                 (Art 10 of 
                            Directive         Directive                Directive                  Directive 
                           2004/109/EC)      2004/109/EC)             2004/109/EC)              2004/109/EC) 
                             (DTR5.1)         (DTR5.2.1)                (DTR5.1)                 (DTR5.2.1) 
--------------------   ------------------  --------------  --------------------------------  ----------------- 
 GB00B0T1S097              27,630,000                                    4.81% 
---------------------  ------------------  --------------  --------------------------------  ----------------- 
 
 
 SUBTOTAL 
  8. A                             27,630,000                                     4.81% 
---------------------  ----------------------------------  --------------------------------------------------- 
 
 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                       rights 
  instrument                                 Period(xi)      may 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                  Expiration           Exercise/       Physical           Number         % of voting 
  of financial          date(x)             Conversion      or cash             of voting      rights 
  instrument                                Period          settlement(xii)     rights 
                                            (xi) 
--------------------  -------------------  --------------  -----------------  -------------  ----------------- 
 
 
 
                                                            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 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 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             % of voting               Total of both 
                   rights if it           rights through              if it equals 
                   equals or is        financial instruments          or is higher 
                   higher than             if it equals           than the notifiable 
                  the notifiable           or is higher                threshold 
                    threshold           than the notifiable 
                                             threshold 
-------------  ------------------  ---------------------------  ----------------------- 
 
 
 
 
 
 
 10. In case of proxy voting, please identify: 
--------------------------------------------------------------------------------------- 
 Name of the proxy holder           River and Mercantile Asset 
                                     Management LLP 
---------------------------------  ---------------------------------------------------- 

 The number and % of voting         N/A 
  rights held 
---------------------------------  ---------------------------------------------------- 
 The date until which the           N/A 
  voting rights will be held 
---------------------------------  ---------------------------------------------------- 
 
 11. Additional information(xvi) 
--------------------------------------------------------------------------------------- 
 
 
 
 
 Place of completion   London, United Kingdom 
--------------------  ----------------------- 
 Date of completion    3(rd) May 2018 
--------------------  ----------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 03, 2018 09:02 ET (13:02 GMT)