Daily Internet PLC Holding(s) in Company (3795A)

TIDMDAIP

RNS Number : 3795A

Daily Internet PLC

19 February 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                DAILY INTERNET PLC 
  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                                    ü 
-----------------------------------------------------------------------------  ------- 
 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                               ü 
-----------------------------------------------------------------------------  ------- 
 Other (please 
  specify): 
------------------  ---------------------------------------------------------  ------- 
 3. Full name of person(s) subject                    HARGREAVE HALE LIMITED 
  to the 
  notification obligation: (iii) 
------------------------------------------  ------------------------------------------ 
 4. Full name of shareholder(s)                        DISCRETIONARY CLIENTS 
  (if different from 3.):(iv) 
------------------------------------------  ------------------------------------------ 
 5. Date of the transaction and date                      31 JANUARY 2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
------------------------------------------  ------------------------------------------ 
 6. Date on which issuer notified:                       13 FEBRUARY 2014 
------------------------------------------  ------------------------------------------ 
 7. Threshold(s) that is/are crossed                     13%, 14% and 15% 
  or 
  reached: (vi, vii) 
------------------------------------------  ------------------------------------------ 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                   Resulting situation after the triggering 
  of             to the triggering                    transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  -----------------------------------  ---------------------------------------------------------------------- 
                Number            Number             Number                     Number of voting        % of voting 
                 of                of                 of shares                  rights                  rights (x) 
                 Shares            Voting 
                                   Rights 
-------------  ----------------  -----------------  -------------------------  ----------------------  ------------------- 
                                                     Direct   Indirect          Direct   Indirect       Direct   Indirect 
                                                                                 (xi)     (xii) 
-------------      -----  -----      ------  -----  -------  ----------------  -------  -------------  -------  ---------- 
 GB00B1Z8BM45   46,310,608        46,310,608                  62,674,243                 62,674,243              15.3737% 
               ----------------  -----------------  -------  ----------------  -------  -------------  -------  ---------- 
 
 
 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. 
------------------------  -----------------  ---------------------------  ---------------------------  ------------------- 
 
 
 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 
------------------------------------------------------------------  ------------------------------------------------------ 
 62,674,243                                                          15.3737% 
------------------------------------------------------------------  ------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
--------------------------------------------------------------------------------------------- 
 61,212,123 of these shares are held for unit trusts operated by Marlborough 
  Fund Managers Ltd for whom Hargreave Hale Ltd manages the investments 
  on a discretionary basis. The remaining shares are held for other Discretionary 
  clients. 
 
 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: 
---------------------------------------------------------  ---------------------------------- 
 
                                              The increase in the percentage of 
  13. Additional information:                  shares held is due entirely to participation 
                                               in the placing by Daily Internet Plc, 
                                               the shares from which were admitted 
                                               to AIM on 31/01/2014. 
-------------------------------------------  ------------------------------------------------ 
 14. Contact name:                            David Clueit 
-------------------------------------------  ------------------------------------------------ 
 15. Contact telephone number:                01253 754739 
-------------------------------------------  ------------------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLEAPAPFEALEFF