Spectra Systems Corporation TR-1: Notification of major interest in shares (6605G)

TIDMSPSY TIDMSPSC

RNS Number : 6605G

Spectra Systems Corporation

09 May 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 
 
 1. Identity of the issuer or the underlying               Spectra Systems Corporation 
  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                                      NO 
-----------------------------------------------------------------------------  ------- 
 An acquisition or disposal of qualifying financial instruments                  YES 
  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                  NO 
  effect to qualifying financial instruments 
-----------------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights                                 NO 
-----------------------------------------------------------------------------  ------- 
 Other (please 
  specify): 
-------------------  --------------------------------------------------------  ------- 
 3. Full name of person(s) subject             Discretionary Clients 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                SPREADEX LTD 
  (if different from 3.):(iv) 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date           10/04/2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:             08/05/2014 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                           3%, 4% 
--------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type of   Situation previous                  Resulting situation after the triggering 
 shares           to the triggering                   transaction 
                  transaction 
 if possible 
 using 
 the ISIN CODE 
--------------  ----------------------------------  -------------------------------------------------------------------- 
                 Number          Number              Number         Number of voting          % of voting rights 
                  of              of                  of shares      rights                    (x) 
                  Shares          Voting 
                                  Rights 
-------------   --------------  ------------------  -------------  ------------------------  --------------------------- 
                                                     Direct         Direct         Indirect   Direct         Indirect 
                                                                     (xi)           (xii) 
-------------   -----  ------   -------  ---------  -------------  -------------  ---------  -------------  ------------ 
 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
 Type of financial      Expiration        Exercise/                        Number of voting            % of voting 
  instrument             date (xiii)       Conversion Period                rights that may             rights 
                                           (xiv)                            be 
                                                                            acquired if the 
                                                                            instrument is 
                                                                            exercised/ converted. 
---------------------  ----------------  -------------------------------  --------------------------  ------------------ 
 SPREADBET/CFD                                                             1,867,685                   4.60% 
---------------------  ----------------  -------------------------------  --------------------------  ------------------ 
 
 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 rights 
  financial      price           date (xvii)          Conversion     rights instrument             (xix, xx) 
  instrument                                          period         refers to 
                                                      (xviii) 
-------------  --------------  -------------------  -------------  ----------------------------  ----------------------- 
                                                                                                  Nominal     Delta 
 --------------  -------------------  -------------  ------------------------------------------  ----------  ----------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                           Percentage of voting rights 
----------------------------------------------------------------  ------------------------------------------------------ 
 1,867,685                                                         4.60% 
----------------------------------------------------------------  ------------------------------------------------------ 
 
 
 
 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:                         DAVID REES 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:             01727 895195 
----------------------------------------  -------------------------------------- 
 
 

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