TIDMSEV

RNS Number : 7672A

SerVision plc

28 March 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                 SerVision Plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: 
-----------------------------------------------------------  ----------------- 
 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)                                    Cascade SVP LLC 
  subject to the 
  notification obligation: 
-----------------------------------------------------------  ----------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
-----------------------------------------------------------  ----------------- 
 5. Date of the transaction                                   7 March 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
-----------------------------------------------------------  ----------------- 
 6. Date on which issuer                                      27 March 2017 
  notified: 
-----------------------------------------------------------  ----------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                    5% 
-----------------------------------------------------------  ----------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
----------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation                          Resulting situation after the triggering 
  of             previous                           transaction 
  shares         to the 
                 triggering 
  if possible    transaction 
  using 
  the ISIN 
  CODE 
-------------  ---------------------------------  --------------------------------------------------------------------- 
                Number           Number            Number           Number of                 % of voting 
                of               of                of shares         voting                    rights 
                Shares           Voting                              rights 
                                 Rights 
-------------  ---------------  ----------------  ---------------  ------------------------  -------------------------- 
                                                   Direct           Direct        Indirect    Direct        Indirect 
-------------      -----------      ------------  ---------------  ------------  ----------  ------------  ------------ 
 GB00B0586C20   0                0                 7,107,850        7,107,850                 5.26% 
               ---------------  ----------------  ---------------  ------------  ----------  ------------  ------------ 
 
 
 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                           Period                           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 
 instrument                                           period         refers to 
---------------  ---------------  ----------------  -------------  --------------------------  ------------------------ 
                                                                                                Nominal       Delta 
---------------  ---------------  ----------------  -------------  --------------------------  ------------  ---------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                               Percentage of voting rights 
----------------------------------------------------  ----------------------------------------------------------------- 
 7,107,850                                             5.26% 
----------------------------------------------------  ----------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
----------------------------------------------------------------------------------------------------- 
 
 
 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:                                                 The disclosure has been 
                                                                           calculated on based on the 
                                                                  issued share capital of 135,049,150 
                                                                                  as at 15 March 2017 
------------------------------------------------------------  --------------------------------------- 
 14. Contact name:                                                                     Craig Flashner 
------------------------------------------------------------  --------------------------------------- 
 15. Contact telephone number:                                   +1- 718-871-7794 or +1- 805-267-1120 
------------------------------------------------------------  --------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 28, 2017 07:31 ET (11:31 GMT)

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