8th Jun 2015 12:35
Nasstar plc
("Nasstar" or the "Company")
Holdings in Company
Nasstar plc (AIM: NASA), the hosted desktop cloud service provider, has received notification from Legal & General Group Plc that it has a total direct and indirect interest in 21,735,000 ordinary shares of 1p each in the Company, equivalent to 5.93% of Nasstar's total issued share capital. The full notification is provided below.
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached:
| Nasstar Plc | |||
2. Reason for the notification (please tick the appropriate box or boxes): | ||||
An acquisition or disposal of voting rights | Yes | |||
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
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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 thenotification obligation: | Legal & General Group Plc (L&G) | |||
4. Full name of shareholder(s) (if different from 3.): |
Legal & General Assurance Society Limited (LGAS & LGPL)
| |||
5. Date of the transaction and date onwhich the threshold is crossed orreached: | 04 June 2015 | |||
6. Date on which issuer notified: | 05 June 2015 | |||
7. Threshold(s) that is/are crossed orreached:
| L&G (From 6% to 5%) | |||
8. Notified details:
| ||||||||||||||||
A: Voting rights attached to shares | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights |
Numberof shares | Number of votingrights | % of voting rights | ||||||||||||
Direct | Indirect | Direct | Indirect | |||||||||||||
Ordinary GBP 0.01 | 24,150,000 (6.82%) (As on 14/01/2014) | 21,735,000 | 21,735,000 | - | 5.93% | - | ||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument |
Expirationdate |
Exercise/Conversion Period | Number of votingrights that may beacquired if theinstrument isexercised/ converted. |
% of votingrights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument
|
Exercise price |
Expiration date |
Exercise/Conversion period |
Number of voting rights instrument refers to
|
% of voting rights
| |||||||||||
| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
21,735,000
| 5.93% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | ||||||||||||||||||||||||||
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Proxy Voting: | ||||||||||||||||||||||||||
10. Name of the proxy holder: | N/A | |||||||||||||||||||||||||
11. Number of voting rights proxy holder will cease to hold: | N/A | |||||||||||||||||||||||||
12. Date on which proxy holder will cease to hold voting rights: | N/A | |||||||||||||||||||||||||
13. Additional information: | Notification using the total voting rights figure of 366,444,447 | |||||||||||||||||||||||||
14. Contact name: | Amy Williams (LGIM) | |||||||||||||||||||||||||
15. Contact telephone number: | 029 2035 4097 | |||||||||||||||||||||||||
Related Shares:
Legal & GeneralNASA.L