Motive Television PLC Holding(s) in Company (5930Y)
December 02 2014 - 4:37AM
UK Regulatory
TIDMMTV
RNS Number : 5930Y
Motive Television PLC
02 December 2014
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or Motive Television 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) Bergen Asset Management, LLC
subject to the
notification obligation:
(iii)
----------------------------------------------------------- ------------------------------
4. Full name of shareholder(s) Jarvis Investment Management
(if different from 3.):(iv) Plc as custodian for Bergen
Global Opportunity Fund III
Ltd
----------------------------------------------------------- ------------------------------
5. Date of the transaction 27 November 2014
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- ------------------------------
6. Date on which issuer 1 December 2014
notified:
----------------------------------------------------------- ------------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 3%, 4%, 5%, 6%, 7%
----------------------------------------------------------- ------------------------------
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 voting % of voting
of of of rights rights (x)
Shares Voting shares
Rights
------------ -------------- ----------------------------- --------- ------------------------ -------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------ ------------ ------------ ------------- --------- -------- -------------- -------- ---------
Nil Nil 3,333,333,333 7.37%
-------------- ----------------------------- --------- --------------------- -------------- -------- ---------
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
------------------------------------------------------------ -------------------------------------------------------
3,333,333,333 7.37%
------------------------------------------------------------ -------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
-----------------------------------------------------------------------------------
Bergen Asset Management, LLC is ultimately controlled
by Mr. Eugene Tablis
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:
------------------------------------------------------------- --------------------
13. Additional information:
------------------------------------------------------------- --------------------
14. Contact name: Cory Burns, CFO/COO
------------------------------------------------------------- --------------------
15. Contact telephone number: +1 212 488 2559
------------------------------------------------------------- --------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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