Holding(s) in Company

 

TIDMNTX 
 
RNS Number : 2694V 
NXT PLC 
29 October 2010 
 

 
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| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                                       | 
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|                                                                |                                      | 
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| 1. Identity of the issuer or the                               |               NXT plc                | 
| underlying issuer                                              |                                      | 
| of existing shares to which voting rights                      |                                      | 
| are                                                            |                                      | 
| attached: ii                                                   |                                      | 
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| 2 Reason for the notification (please tick the appropriate box or boxes):                             | 
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| An acquisition or disposal of voting rights                                                 |         | 
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| An acquisition or disposal of qualifying financial instruments which                        |         | 
| may result in the acquisition of shares already issued to which voting                      |         | 
| rights are attached                                                                         |         | 
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| An acquisition or disposal of instruments with similar economic effect                      |         | 
| to qualifying financial instruments                                                         |         | 
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| An event changing the breakdown of voting rights                                            |         | 
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| Other (please  | Placing                                                                    |    X    | 
| specify):      |                                                                            |         | 
+----------------+----------------------------------------------------------------------------+---------+ 
| 3. Full name of person(s) subject   |                  Gartmore Investment Limited                    | 
| to the                              |                                                                 | 
| notification obligation: iii        |                                                                 | 
+-------------------------------------+-----------------------------------------------------------------+ 
| 4. Full name of shareholder(s)      | Fund         Shares       %         UK              Beneficial  | 
|  (if different from 3.):iv          | Managing     Held         of        Registered      Owner       | 
|                                     | Co.                       ISC       Owner                       | 
|                                     |                                                                 | 
|                                     | Gartmore     13,333,334   3.125%    HSBC            GARTMORE    | 
|                                     | Fund                                GLOBAL          FUND        | 
|                                     | Managers                            CUSTODY         MANAGERS    | 
|                                     | Limited                             NOMINEE         LTD A/C     | 
|                                     | UK LTD          GARTMORE                                        | 
|                                     | UK &                                                            | 
|                                     | IRISH                                                           | 
|                                     | SMALLER                                                         | 
|                                     | COMPANIES                                                       | 
|                                     |                                                                 | 
|                                     | Gartmore     11,008,507   2.580%    NORTRUST        STRATHCLYDE | 
|                                     | Investment                          NOMINEES        PENSION     | 
|                                     | Limited                             LIMITED         FUND        | 
|                                     |                                                                 | 
|                                     | 4,828,387    1.132%    GARTMORE        GARTMORE                 | 
|                                     | GROWTH          GROWTH                                          | 
|                                     | OPPORTUNITIES   OPPORTUNITIES                                   | 
|                                     | PLC                                                             | 
|                                     |                                                                 | 
|                                     | 56,000,320   13.124%   BNY             GARTMORE                 | 
|                                     | GIL             FLEDGLING                                       | 
|                                     | CLT             TRUST PLC                                       | 
|                                     | ACCOUNT                                                         | 
|                                     | NOMINEES                                                        | 
|                                     | LTD                                                             | 
|                                     |                                                                 | 
|                                     | 20,000,000   4.687%    VIDACOS         THE                      | 
|                                     | NOMINEES        ALPHAGEN                                        | 
|                                     | LTD A/C         VOLANTIS                                        | 
|                                     | 2303            FUND                                            | 
|                                     | LIMITED                                                         | 
|                                     |                                                                 | 
+-------------------------------------+-----------------------------------------------------------------+ 
| 5. Date of the transaction and date |                        25 October 2010                          | 
| on                                  |                                                                 | 
| which the threshold is crossed or   |                                                                 | 
| reached: v                          |                                                                 | 
+-------------------------------------+-----------------------------------------------------------------+ 
| 6. Date on which issuer notified:   |                        26 October 2010                          | 
+-------------------------------------+-----------------------------------------------------------------+ 
| 7. Threshold(s) that is/are crossed |                              24%                                | 
| or                                  |                                                                 | 
| reached: vi, vii                    |                                                                 | 
+-------------------------------------+-----------------------------------------------------------------+ 
|                |                    |                          |                            |         | 
+----------------+--------------------+--------------------------+----------------------------+---------+ 
 
+---------------+-----------------+----+------+-------------+----+--+---------------------+--+------+----+-------------+----------+----------------------+----+-+------------+ 
| 8. Notified details:                                                                                                                                                       | 
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| A: Voting rights attached to shares viii, ix                                                                                                                               | 
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| Class/type    | Situation previous                                | Resulting situation after the triggering transaction                                                   | 
| of            | to the triggering                                 |                                                                                                        | 
| shares        | transaction                                       |                                                                                                        | 
| if possible   |                                                   |                                                                                                        | 
| using         |                                                   |                                                                                                        | 
| the ISIN      |                                                   |                                                                                                        | 
| CODE          |                                                   |                                                                                                        | 
+               +---------------------------------------------------+--------------------------------------------------------------------------------------------------------+ 
|               | Number                      | Number              | Number                 | Number                  | % of  voting rights x                               | 
|               | of                          | of                  | of shares              | of                      |                                                     | 
|               | Shares                      | Voting              |                        | voting                  |                                                     | 
|               |                             | Rights              |                        | rights                  |                                                     | 
+               +                             +                     +------------------------+-------------------------+-----------------------------------------------------+ 
|               |                             |                     | Direct                 | Direct xi | Indirect    | Direct                               | Indirect     | 
|               |                             |                     |                        |           | xii         |                                      |              | 
+---------------+-----------------------------+---------------------+------------------------+-----------+-------------+--------------------------------------+--------------+ 
| GB00004397567 | 15,239,048                  | 15,239,048          | 105,170,548            |           | 105,170,548 |                                      | 26.648%      | 
+---------------+                             +                     +                        +           +             +                                      +              + 
|               |                             |                     |                        |           |             |                                      |              | 
+---------------+-----------------------------+---------------------+------------------------+-----------+-------------+--------------------------------------+--------------+ 
|                                                                                                                                                                            | 
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| B: Qualifying Financial Instruments                                                                                                                                        | 
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| Resulting situation after the triggering transaction                                                                                                                       | 
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| Type of financial                    | Expiration         | Exercise/                             | Number of voting                                   | % of voting       | 
| instrument                           | date xiii          | Conversion Period                     | rights that may be                                 | rights            | 
|                                      |                    | xiv                                   | acquired if the                                    |                   | 
|                                      |                    |                                       | instrument is                                      |                   | 
|                                      |                    |                                       | exercised/ converted.                              |                   | 
+--------------------------------------+--------------------+---------------------------------------+----------------------------------------------------+-------------------+ 
|                                      |                    |                                       |                                                    |                   | 
+--------------------------------------+--------------------+---------------------------------------+----------------------------------------------------+-------------------+ 
|                                                                                                                                                                            | 
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| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi                                                                          | 
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| Resulting situation after the triggering transaction                                                                                                                       | 
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| Type of financial               | Exercise  | Expiration       | Exercise/              | Number of voting rights               | % of voting rights                       | 
| instrument                      | price     | date xvii        | Conversion             | instrument refers to                  | xix, xx                                  | 
|                                 |           |                  | period                 |                                       |                                          | 
|                                 |           |                  | xviii                  |                                       |                                          | 
+---------------------------------+-----------+------------------+------------------------+---------------------------------------+------------------------------------------+ 
|                                 |           |                  |                        |                                       | Nominal                     | Delta      | 
|                                 |           |                  |                        |                                       |                             |            | 
+                                 +           +                  +                        +                                       +-----------------------------+------------+ 
|                                 |           |                  |                        |                                       |                             |            | 
+---------------------------------+-----------+------------------+------------------------+---------------------------------------+-----------------------------+------------+ 
|                                                                                                                                                                            | 
+----------------------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Total (A+B+C)                                                                                                                                                              | 
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| Number of voting rights                                                                 | Percentage of voting rights                                                      | 
+-----------------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ 
| 105,170,548                                                                             | 24.648%                                                                          | 
+-----------------------------------------------------------------------------------------+----------------------------------------------------------------------------------+ 
|               |                 |    |      |             |    |  |                     |  |      |    |             |          |                      |    | |            | 
+---------------+-----------------+----+------+-------------+----+--+---------------------+--+------+----+-------------+----------+----------------------+----+-+------------+ 
 
+--------------------------------------+-----------+------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or the  | 
| financial instruments are effectively held, if applicable: xxi                  | 
+---------------------------------------------------------------------------------+ 
|                                                                                 | 
|                                                                                 | 
+---------------------------------------------------------------------------------+ 
|                                                                                 | 
+---------------------------------------------------------------------------------+ 
| 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:          | All figures are based on the Company's   | 
|                                      | issued share capital of 426,695,736 as   | 
|                                      | provided by Exshare                      | 
|                                      |                                          | 
|                                      | Email contact [e-mail]           | 
+--------------------------------------+------------------------------------------+ 
| 14. Contact name:                    |                   RDU                    | 
+--------------------------------------+------------------------------------------+ 
| 15. Contact telephone number:        |              0207 782 2224               | 
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|                                      |           |                              | 
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This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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