BTP Bns Telecom

 

TIDMBTP 
 
RNS Number : 6322R 
BNS Telecom Group plc 
01 May 2009 
 

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 
 
 
+-----------------------+-----------------------+-----------------------------+ 
| 1. Identity of the issuer or the underlying issuer of existing shares to    | 
| which voting rights are attached (ii):                                      | 
| BNS Telecom Group PLC                                                       | 
|                                                                             | 
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| 2. Reason for the notification (please state Yes/No):                       | 
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| An acquisition or disposal of voting rights: ( Yes )                        | 
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| An acquisition or disposal of financial instruments which may result in the | 
| acquisition of shares already issued to which voting rights are attached: ( | 
| )                                                                           | 
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| An event changing the breakdown of voting rights: ( )                       | 
+-----------------------------------------------------------------------------+ 
| Other (please specify) : ( )                                                | 
|                                                                             | 
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| 3. Full name of person(s) subject to the notification obligation (iii):     | 
| Kaupthing Singer & Friedlander Ltd (In Administration)                      | 
|                                                                             | 
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| 4. Full name of shareholder(s) (if different from 3.) (iv):                 | 
| Kaupthing Singer & Friedlander Ltd (In Administration)                      | 
|                                                                             | 
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| 5. Date of the transaction (and date on which the threshold is crossed or   | 
| reached if different) (v):                                                  | 
| 30.04.2009                                                                  | 
|                                                                             | 
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| 6. Date on which issuer notified:                                           | 
| 01.05.2009                                                                  | 
|                                                                             | 
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| 7. Threshold(s) that is/are crossed or reached:                             | 
| 5.00%                                                                       | 
|                                                                             | 
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| 8. Notified details: Sold 2,750,000                                         | 
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| A: Voting rights attached to shares                                         | 
|                                                                             | 
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| Class/type of shares  |  Situation previous to the Triggering transaction   | 
| if possible using the |                        (vi)                         | 
| ISIN CODE             |                                                     | 
+-----------------------+-----------------------------------------------------+ 
|                       | Number of shares      | Number of voting Rights     | 
|                       |                       | (viii)                      | 
|                       |                       |                             | 
+-----------------------+-----------------------+-----------------------------+ 
| Ordinary Shares       | 2,750,000             | 2,750,000                   | 
| Isin: GB00B0MV3J01    |                       |                             | 
+-----------------------+-----------------------+-----------------------------+ 
 
 
+----------------------+---------------+----------+------------+------------+-----+----+ 
| Resulting situation after the triggering transaction (vii)                      | 
+---------------------------------------------------------------------------------+ 
| Class/type of shares | Number of     | Number of voting      | % of voting rights    | 
| if possible          | shares        | rights (ix)           |                       | 
| using the ISIN CODE  |               |                       |                       | 
+----------------------+---------------+-----------------------+-----------------------+ 
|                      | Direct        | Direct   | Indirect   | Direct     | Indirect | 
|                      |               | (x)      | (xi)       |            |          | 
|                      |               |          |            |            |          | 
+----------------------+---------------+----------+------------+------------+----------+ 
| Ordinary Shares      | 0             | 0        |            | 0%         |          | 
| Isin: GB00B0MV3J01   |               |          |            |            |          | 
+----------------------+---------------+----------+------------+------------+-----+----+ 
 
 
+------------+--------------+---------------------+--------------------+--------+--------+ 
| B: Financial Instruments                                                      | 
+-------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction (xii)                    | 
+-------------------------------------------------------------------------------+ 
| Type of    | Expiration   | Exercise/Conversion | Number of voting   | % of voting     | 
| financial  | Date (xiii)  | Period/ Date (xiv)  | rights that may be | rights          | 
| instrument |              |                     | acquired if the    |                 | 
|            |              |                     | instrument is      |                 | 
|            |              |                     | exercised/         |                 | 
|            |              |                     | converted.         |                 | 
|            |              |                     |                    |                 | 
+------------+--------------+---------------------+--------------------+-----------------+ 
|            |              | N/A                 |                    |                 | 
+------------+--------------+---------------------+--------------------+--------+--------+ 
 
 
+--------------------+--------------------+ 
| Total (A+B)                             | 
+-----------------------------------------+ 
| Number of voting   | % of voting rights | 
| rights             |                    | 
|                    |                    | 
+--------------------+--------------------+ 
| 0                  | 0%                 | 
+--------------------+--------------------+ 
 
 
+--------------------------------------------------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights      | 
| and/or the financial instruments are effectively held, if applicable     | 
| (xv):                                                                    | 
| Kaupthing, Singer & Friedlander Ltd (In Administration) is in            | 
| administration. The Company was placed into administration pursuant to a | 
| court order made on 8 October 2008. Margaret Elizabeth Mills, Patrick    | 
| Joseph Brazzill, Thomas Merchant Burton and Alan Robert Bloom were       | 
| appointed joint administrators of the Company.                           | 
|                                                                          | 
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| Proxy Voting:                                                            | 
|                                                                          | 
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| 10. Name of the proxy holder:                                            | 
| N/A                                                                      | 
|                                                                          | 
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| 11. Number of voting rights proxy holder will cease to hold:             | 
| N/A                                                                      | 
|                                                                          | 
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| 12. Date on which proxy holder will cease to hold voting rights:         | 
| N/A                                                                      | 
|                                                                          | 
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| 13. Additional information:                                              | 
| N/A                                                                      | 
|                                                                          | 
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| 14. Contact name:                                                        | 
| Andrew Goldwater                                                         | 
|                                                                          | 
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| 15. Contact telephone number:                                            | 
| 01661 839 554                                                            | 
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This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 HOLUUUUAAUPBGAG 
 

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