17th Feb 2014 16:18
17 February 2014
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | |||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: | CONCURRENT TECHNOLOGIES PLC | ||
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) subject to thenotification obligation: | HARGREAVE HALE LIMITED | ||
4. Full name of shareholder(s) (if different from 3.): | DISCRETIONARY CLIENTS | ||
5. Date of the transaction and date onwhich the threshold is crossed orreached: | 14 FEBRUARY 2014 | ||
6. Date on which issuer notified: | 17 FEBRUARY 2014 | ||
7. Threshold(s) that is/are crossed orreached: | 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 | ||||||||||||
Indirect | Direct | Indirect | Direct | Indirect | ||||||||||||
GB0002183191 | 3,574,598 | 3,574,598 | 3,562,598 | N/A | 3,562,598 | N/A | 4.9896 | |||||||||
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 | ||||||||||||
N/A | N/A | N/A | N/A | N/A | ||||||||||||
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 | |||||||||||
N/A | N/A | N/A | N/A | N/A | Nominal | Delta | ||||||||||
N/A | N/A | |||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
3,562,598 | 4.9896 | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | ||
3,502,598 of these shares are held for a unit trust operated by Marlborough Fund Managers Ltd for whom Hargreave Hale Ltd manages the investments on a discretionary basis. The remaining shares are held for other Discretionary clients. | ||
Proxy Voting: | ||
10. Name of the proxy holder: | N/A | |
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |
13. Additional information: | ||
14. Contact name: | David Clueit | |
15. Contact telephone number: | 01253 754739 | |
Related Shares:
Concurrent Technologies