Tangent Communications PLC Holding(s) in Company (3001R)

TIDMTNG

RNS Number : 3001R

Tangent Communications PLC

07 March 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
-------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                        Tangent Communications 
  the underlying issuer                                                        Plc 
  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                                    P 
------------------------------------------------------------  ------------------------------------ 
 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 
  specify): 
----------------------------------------------------------    ------------------------------------ 
 3. Full name of person(s)                                        Herald Investment Management 
  subject to the                                                             Limited 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------------- 
 4. Full name of shareholder(s)                               Discretionary investment management 
  (if different from 3.):(iv)                                     clients of Herald Investment 
                                                                       Management Limited 
-----------------------------------------------------------  ------------------------------------- 
 5. Date of the transaction                                             4(th) March 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------------- 
 6. Date on which issuer                                                7(th) March 2016 
  notified: 
-----------------------------------------------------------  ------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                           5% 
-----------------------------------------------------------  ------------------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------- 
 Class/type       Situation previous         Resulting situation after the 
  of               to the triggering          triggering transaction 
  shares           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 
---------------  -----------  ------------  ------------  ---------------------  ------------------- 
                                             Indirect      Direct   Indirect      Direct    Indirect 
                                                           (xi)      (xii) 
---------------  -----------  ------------  ------------  -------  ------------  --------  --------- 
 
   GB0005405849 
                                                          -------  ------------  -------- 
                  15,796,154   15,796,154    None                   None                    0.00% 
---------------  -----------  ------------  ------------  -------  ------------  --------  --------- 
 
 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. 
---------------  -----------  --------------------------  ---------------------  ------------------- 
 None                                                                             Nil 
---------------  -----------  --------------------------  ---------------------  ------------------- 
 
 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) 
---------------  -----------  ------------  ------------  ---------------------  ------------------- 
 None                                                                             Nominal   Delta 
---------------  -----------  ------------  ------------  ---------------------  --------  --------- 
                                                                                  Nil 
---------------  -----------  ------------  ------------  -------  ------------  --------  --------- 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------- 
 Number of voting rights                     Percentage of voting rights 
------------------------------------------  -------------------------------------------------------- 
 
      None                                        0.00% 
------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
--------------------------------------------------------------------------- 
 
                                                                        N/A 
 
 Proxy Voting: 
--------------------------------------------------------------------------- 
 10. Name of the proxy holder:                            N/A 
---------------------------------------------------  ---------------------- 
 11. Number of voting rights proxy                        N/A 
  holder will cease to hold: 
---------------------------------------------------  ---------------------- 
 12. Date on which proxy holder will                      N/A 
  cease to hold voting rights: 
---------------------------------------------------  ---------------------- 
 
 
  13. Additional information: 
---------------------------------------------------  ---------------------- 
 14. Contact name:                                        Andrew Miller CFO 
---------------------------------------------------  ---------------------- 
 15. Contact telephone number:                            020 7553 6308 
---------------------------------------------------  ---------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

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March 07, 2016 10:14 ET (15:14 GMT)