Avanti Communications Group Plc Holding(s) in Company (3525Y)
May 16 2016 - 6:40AM
UK Regulatory
TIDMAVN
RNS Number : 3525Y
Avanti Communications Group Plc
16 May 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
------------------------------------------------------------------------------------------------
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 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) GIC Private Limited
subject to the
notification obligation:
(iii)
----------------------------------------------------------- -----------------------------------
4. Full name of shareholder(s) Chase Nominees Ltd
(if different from 3.):(iv)
----------------------------------------------------------- -----------------------------------
5. Date of the transaction
and date on 13 May 2016
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- -----------------------------------
6. Date on which issuer
notified: 16 May 2016
----------------------------------------------------------- -----------------------------------
7. Threshold(s) that is/are
crossed or Below 4%
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 6,071,346 6,071,346 5,071,346 5,071,346 0 3.4406% 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
------------------------------------------------- -------------------------------------------------------------------
5,071,346 3.4406%
------------------------------------------------- -------------------------------------------------------------------
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
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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