TIDMAPC

RNS Number : 5140Q

APC Technology Group PLC

29 February 2016

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                    APC TECHNOLOGY 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                             x 
----------------------------------------------------------------  ------------------------- 
 Other (please 
  specify): 
---------------------------------------------------------  -----  ------------------------- 
 3. Full name of person(s)                                       HARGREAVE HALE LIMITED 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------------ 
 4. Full name of shareholder(s)                                   DISCRETIONARY CLIENTS 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------------ 
 5. Date of the transaction                                         25 FEBRUARY 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------------ 
 6. Date on which issuer                                            29 FEBRUARY 2016 
  notified: 
-----------------------------------------------------------  ------------------------------ 
 7. Threshold(s) that is/are                                        10%, 11% and 12% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ------------------------------ 
 
 
 
 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 
-------------  ---------------  ---------------  ----------------------------  -------------------------  ------------------- 
                                                  Direct       Indirect         Direct      Indirect       Direct   Indirect 
                                                                                 (xi)        (xii) 
-------------      -----------      -----------  -----------  ---------------  ----------  -------------  -------  ---------- 
 GB0000373984   6,904,091        6,904,091                     13,570,757                   13,570,757              12.0223% 
               ---------------  ---------------  -----------  ---------------  ----------  -------------  -------  ---------- 
 
 
 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 
--------------------------------------------------------------  ------------------------------------------------------------- 
 13,570,757                                                      12.0223% 
--------------------------------------------------------------  ------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
-------------------------------------------------------------------------------------------------- 
 9,166,666 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 balance is 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 change in the percentage 
  13. Additional information:                                     of shares held is due entirely 
                                                                  to participation in the placing 
                                                                  by APC Technology Group Plc, 
                                                                  the shares from which were 
                                                                  admitted to AIM on 25/02/2016. 
---------------------------------------------------------------  --------------------------------- 
 14. Contact name:                                                David Clueit 
                                                                   Hargreave Hale Ltd 
---------------------------------------------------------------  --------------------------------- 
 15. Contact telephone number:                                    01253 754739 
---------------------------------------------------------------  --------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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