16th Mar 2016 09:49
For filings with the FCA include the annex |
For filings with issuer exclude the annex |
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii | Electric Word plc | ||||
2 Reason for the notification (please tick the appropriate box or boxes): | |||||
An acquisition or disposal of voting rights | No | ||||
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): See box 13 | Yes | ||||
3. Full name of person(s) subject to thenotification obligation: iii | Livingbridge VC LLP | ||||
4. Full name of shareholder(s) (if different from 3.):iv | Baronsmead Venture Trust plc - 10.27% Baronsmead Second Venture Trust plc - 10.34% Baronsmead VCT 5 plc - 7.05% | ||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 11/03/2016 | ||||
6. Date on which issuer notified: | 14/03/2016 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 6%, 7%, 8%, 9% & 10% | ||||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
Numberofhares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
GB0003083622 GBP 1
| 112,657,540 |
27.6%
| 112,657,540 | 27.6% | ||||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
Nil | ||||||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
| |||||||||||
| Nominal | Delta | ||||||||||||||
| ||||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
112,657,540
| 27.6% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||||||||||||||||
Livingbridge VC LLP Baronsmead Venture Trust plc - 10.27% Baronsmead Second Venture Trust plc - 10.34% Baronsmead VCT 5 plc - 7.05%
Registered in the name of Chase Nominees Ltd | ||||||||||||||||
Proxy Voting: | ||||||||||||||||
10. Name of the proxy holder: | Livingbridge VC LLP | |||||||||||||||
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: | Electric Word plc shares formerly held by Baronsmead VCT plc have been transferred to Baronsmead Venture Trust plc as a result of a merger and shares held by Baronsmead VCT 4 plc have been transferred to Baronsmead Second Venture Trust plc.
| |||||||||||||||
14. Contact name: | Karen Huxley | |||||||||||||||
15. Contact telephone number: | 020 7506 5643 | |||||||||||||||
Related Shares:
ELE.L