Motive Television PLC Holding(s) in Company (5756O)
February 09 2016 - 11:58AM
UK Regulatory
TIDMMTV
RNS Number : 5756O
Motive Television PLC
09 February 2016
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
pecify):
---------------------------------------------------------- --------------------------------
3. Full name of person(s) Bergen Asset Management, LLC
subject to the
notification obligation:
(iii)
----------------------------------------------------------- ---------------------------------
4. Full name of shareholder(s) BNP Paribas Securities Services
(if different from 3.):(iv) as custodian for Bergen Global
Opportunity Fund, LP.
----------------------------------------------------------- ---------------------------------
5. Date of the transaction 5 February 2016
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- ---------------------------------
6. Date on which issuer 9 February 2016
notified:
----------------------------------------------------------- ---------------------------------
7. Threshold(s) that is/are
crossed or 16%, 17%, 18%, 19%, 20%, 21%,
reached: (vi, vii) 22%, 23%, 24%, 25%, 26%, 27%
----------------------------------------------------------- ---------------------------------
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)
----------- ------------ ----------- ------------ ---------- -------- -------------- ------------ -----------
271,574,041 15.35% 1,123,800,000 27.82%
----------- ---------------- ----------------------------- ---------- -------- -------------- ------------ -----------
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
-------------------------------------------------------------- -------------------------------------------------------------
1,123,800,000 27.82%
-------------------------------------------------------------- -------------------------------------------------------------
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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