TIDMAN.

RNS Number : 7385M

Alternative Networks plc

11 May 2015

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying             Alternative Networks 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                                      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) subject                 Polaris Capital Management, LLC 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                       05th, May 2015 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                         08th, May 2015 
--------------------------------------------  ---------------------------------------- 
 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 triggering 
 of             to the triggering                     transaction 
 shares         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) 
------------  -----  -------  ------  -------  ---  ----------  -----------  ----------  -------------  ------------ 
 Sedol 
  B05KXX8      1,372,082       1,372,082             1,502,082                1,502,082                  3.10% 
              --------------  --------------------  ----------  -----------  ----------  -------------  ------------ 
 
 
 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 
--------------------------------------------------------------  ---------------------------------------------------- 
 
 
 
 
 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: 
----------------------------------------------------  ------------------------------- 
 
                                          The number of voting rights is based 
  13. Additional information:              on the proxy votes Polaris has retained. 
---------------------------------------  -------------------------------------------- 
 14. Contact name: 
---------------------------------------  -------------------------------------------- 
 15. Contact telephone number: 
---------------------------------------  -------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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