TIDMADT

RNS Number : 4549J

AdEPT Telecom plc

09 September 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                         Adept Telecom 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 
  specify): 
----------------------------------------------------------    --------------------------------- 
 3. Full name of person(s)                                        Business Growth Fund PLC 
  subject to the                                                   (a/c BGF Investments LP) 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ---------------------------------- 
 4. Full name of shareholder(s)                                  Pershing Securities Limited 
  (if different from 3.):(iv)                                  (via Pershing Nominees Limited) 
-----------------------------------------------------------  ---------------------------------- 
 5. Date of the transaction                                         7(th) September 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ---------------------------------- 
 6. Date on which issuer                                            9(th) September 2016 
  notified: 
-----------------------------------------------------------  ---------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                         3% 
-----------------------------------------------------------  ---------------------------------- 
 
 
 
 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         Direct     Indirect    Direct    Indirect 
                                                                (xi)        (xii) 
--------------    ------------   ------------   -------------  ---------  ----------  --------  --------- 
 Ordinary 
  Shares                                                                    708,112               3.149% 
                                                                          ----------  --------  --------- 
 GB00B0WY3Y47 
------------------------------------------------------------------------  ----------  --------  --------- 
 
 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 
-----------------------------------------------  -------------------------------------------------------- 
 708,112                                          3.149% 
-----------------------------------------------  -------------------------------------------------------- 
 
 
 
 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: 
-------------------------------------------------------------  ------------------------------- 
 
                                                                   This disclosure has been 
  13. Additional information:                                     calculated based on total 
                                                                voting rights in issue amount 
                                                                        of 22,484,108 
-------------------------------------------------------------  ------------------------------- 
 14. Contact name:                                                       David Murray 
-------------------------------------------------------------  ------------------------------- 
 15. Contact telephone number:                                          0131 224 0140 
-------------------------------------------------------------  ------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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September 09, 2016 07:07 ET (11:07 GMT)

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