24th Aug 2011 15:46
For immediate release | 24 August 2011 |
Eckoh PLC
TR-1: Notification of major interest in shares
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached:
| Eckoh 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
| ||||
An event changing the breakdown of voting rights | ||||
Other (please specify):
| ||||
3. Full name of person(s) subject to thenotification obligation: | Kestrel Opportunities, a cell of Guernsey portfolios PCC Limited | |||
4. Full name of shareholder(s) (if different from 3.): | As in 3 above | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached:
| 24 August 2011 | |||
6. Date on which issuer notified: | 24 August 2011 | |||
7. Threshold(s) that is/are crossed orreached:
| Above 9% | |||
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 | Direct | Indirect | Direct | Indirect | ||||||||||||
Ordinary Shares | 16,985,000 | 16,985,000 | 17,985,000 | 17,985,000 | Nil | 9.01% | Nil | |||||||||
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 | ||||||||||||
None | ||||||||||||||||
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
| |||||||||||
None |
| Nominal | Delta | |||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
17,985,000
| 9.01% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | ||
| ||
Proxy Voting: | ||
10. Name of the proxy holder: | ||
11. Number of voting rights proxy holder will ceaseto hold: | ||
12. Date on which proxy holder will cease to holdvoting rights: | ||
13. Additional information: | Notification using the total voting rights figure of 199,688,710 | |
14. Contact name: | Oliver Scott (Kestrel Partners) | |
15. Contact telephone number: | 0203 371 6100 | |
Related Shares:
Eckoh Technologies