Parallel Media Group PLC Holding(s) in Company (1002T)

TIDMPAA

RNS Number : 1002T

Parallel Media Group PLC

30 December 2016

 
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------------- 
 
1. Identity of the issuer or                                             Parallel Media Group 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                                                Agreement for a concerted exercise 
  specify):                                                   of voting rights 
-----------------------------------------------------------  ------------------------------------  ---- 
3. Full name of person(s)                                                          Andrew Heyting 
 subject to the 
 notification obligation: 
 (iii) 
------------------------------------------------------------  ----------------------------------- 
4. Full name of shareholder(s) 
 (if different from 3.):(iv) 
------------------------------------------------------------  ----------------------------------- 
5. Date of the transaction                                                             29/12/2016 
 and date on 
 which the threshold is crossed 
 or 
 reached: 
------------------------------------------------------------  ----------------------------------- 
6. Date on which issuer notified:                                                      30/12/2016 
------------------------------------------------------------  ----------------------------------- 
7. Threshold(s) that is/are 
 crossed or 
 reached: (vi, vii)                                                                         4%,3% 
------------------------------------------------------------  ----------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------- 
 Class/type    Situation                  Resulting situation after the 
 of             previous                   triggering transaction 
 shares         to the triggering 
                transaction 
 if possible 
 using 
 the ISIN 
 CODE 
------------  -------------------------  --------------------------------------------------------- 
               Number       Number        Number       Number of             % of voting 
               of            of            of shares    voting                rights (x) 
               Shares        Voting                     rights 
                             Rights 
------------  -----------  ------------  -----------  --------------------  ---------------------- 
                                          Direct       Direct   Indirect     Direct       Indirect 
                                                       (xi)      (xii) 
------------  -----------  ------------  -----------  -------  -----------  -----------  --------- 
                                                                             Less 
 Ordinary                                 Less than                           than 
  Shares       150,000      4.98%          3%                                 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 
---------------------------------------  --------------------------------------------------------- 
                                          Less than 3% 
---------------------------------------  --------------------------------------------------------- 
 
 
 
 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 
-------------------------------------------------------------  --------------- 
 14. Contact name:                                              Andrew Heyting 
-------------------------------------------------------------  --------------- 
 15. Contact telephone number:                                    07480 183966 
-------------------------------------------------------------  --------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 30, 2016 07:31 ET (12:31 GMT)