Avanti Communications Group Plc Holding(s) in Company (1011G)
February 27 2015 - 7:15AM
UK Regulatory
TIDMAVN
RNS Number : 1011G
Avanti Communications Group Plc
27 February 2015
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or Avanti Communications Group
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
----------------------------------------------------------------------------------------------------
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 Revision in Avanti Communications' X
specify): Total voting rights
--------------------------------------------------------- -----------------------------------------
3. Full name of person(s) GIC Private Limited
subject to the (Formerly known as Government
notification obligation: of Singapore Investment Corporation
(iii) Pte Ltd)
----------------------------------------------------------- -------------------------------------------
4. Full name of shareholder(s) Chase Nominees Ltd
(if different from 3.):(iv)
----------------------------------------------------------- -------------------------------------------
5. Date of the transaction
and date on 25 February 2015
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- -------------------------------------------
6. Date on which issuer
notified: 27 February 2015
----------------------------------------------------------- -------------------------------------------
7. Threshold(s) that is/are
crossed or Below 6%
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 Direct Indirect Direct Indirect
(xi) (xii)
------------- ----------- ----------- -------------- ------------ ------------ ------------ -----------
Ordinary
shares
ISIN:
GB00B1VCNQ84 8,274,056 8,274,056 8,274,056 8,274,056 0 5.8349% 0
--------------- --------------- -------------- ------------ ------------ ------------ -----------
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.
----------------- ------------- ------------------------------- ---------------------------- ---------------------
N/A N/A N/A N/A N/A
----------------- ------------- ------------------------------- ---------------------------- ---------------------
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
------------- ------------ ---------
N/A N/A N/A N/A N/A N/A N/A
--------------- ------------- ------------- ---------------- ---------------------------- ------------ ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------------------------------- -------------------------------------------------------------------
8,274,056 5.8349%
------------------------------------------------- -------------------------------------------------------------------
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: Jimmy Teo
------------------------------------------------------ ----------------
15. Contact telephone number: (65) 6889 8787
------------------------------------------------------ ----------------
Jimmy Teo Lim Eng Kok
Signature of Individual authorized to sign Signature of Individual authorized to sign
for Substantial Shareholder for Substantial Shareholder
This information is provided by RNS
The company news service from the London Stock Exchange
END
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