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Holding(s) in Company

12th Jul 2010 13:40

RNS Number : 2024P
Electric Word PLC
12 July 2010
 



 

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Electric Word 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

No

 

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

No

 

An event changing the breakdown of voting rights

No

 

Other (please specify):

No

 

3. Full name of person(s) subject to the notification obligation:

 

ISIS EP LLP

4. Full name of shareholder(s) (if different from 3.):

 

Baronsmead AIM VCT plc holds 9.83%

Baronsmead VCT plc holds 4.21%

Baronsmead VCT 2 plc holds 4.21%

Baronsmead VCT 3 plc holds 4.21%

Baronsmead VCT 4 plc holds 4.33%

5. Date of the transaction and date on which the threshold is crossed or reached:

 

07/07/2010

6. Date on which issuer notified:

 

09/07/2010

7. Threshold(s) that is/are crossed or reached:

 

23%, 24%, 25% & 26%

 

8. Notified details:

A: Voting rights attached to shares

 

Class/type of shares

if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

Ord 1p

GB0003083622

53,923,932 (22.71%)

53,923,932 (22.71%)

63,637,932

26.81%

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial instrument

Expiration date

Exercise/ Conversion Period

Number of voting rights that may be acquired if the instrument is exercised/ converted.

 

% of voting rights

Nil

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial instrument

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

63,637,932

26.81%

 

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

 

ISIS EP LLP

Baronsmead AIM VCT plc holds 9.83%
Baronsmead VCT plc holds 4.21%
Baronsmead VCT 2 plc holds 4.21%
Baronsmead VCT 3 plc holds 4.21% Baronsmead VCT 4 plc holds 4.33%

Registered name: Chase Nominees Limited

 

 

 

Proxy Voting:

 

10. Name of the proxy holder:

 

ISIS EP LLP

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:

 

14. Contact name:

 

Karen Huxley

15. Contact telephone number:

 

020 7506 5643

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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