7th Jun 2010 12:46
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:
Monitise plc
2. Reason for the notification (please state Yes/No): ( )
An acquisition or disposal of voting rights: (Yes )
An acquisition or disposal of 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 the notification obligation:
First Eastern (Holdings) Limited
4. Full name of shareholder(s) (if different from 3.):
First Eastern (Holdings) Limited
FE Venture Investments Limited
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
4 Jun 2010
6. Date on which issuer notified:
7 Jun 2010
7. Threshold(s) that is/are crossed or reached:
Below 9%
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 |
|
|
|
Number of shares |
Number of voting Rights |
|
GB00B1YMRB82 |
50,192,307 |
50,192,307 |
Resulting situation after the triggering transaction (vii)
|
Class/type of shares if possible using the ISIN CODE |
Number of shares |
Number of voting rights |
% of voting rights |
||
|
|
Direct |
Direct (x) |
Indirect (xi) |
Direct |
Indirect |
|
GB00B1YMRB82 |
47,692,307 |
19,230,769 |
28,461,538 |
3.58% |
5.30% |
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 |
|
- |
- |
- |
- |
- |
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction (xii)
|
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 |
% of voting rights |
|
47,692,307 |
8.89% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
First Eastern (Holdings) Limited controls the voting rights of 19,230,769 shares directly and 28,461,538 shares indirectly through its 51% owned subsidiary, FE Venture Investments Limited.
Victor LL Chu controlsthe voting rights of First Eastern (Holdings) Limited.
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:
Based on the issued capital of 536,542,878 shares as announced by the issuer on 30 Apr 2010.
14. Contact name:
15. Contact number:
Related Shares:
Monitise