Holding(s) in Company

RNS Number : 5154E

Bango PLC

21 December 2009

 



For filings with the FSA include the annex For filings with issuer exclude the annex

TR-1: Notifications of Major Interests in Shares

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

Bango Plc

2. Reason for notification (yes/no)
An acquisition or disposal of voting rights	X
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify):______________

3. Full name of person(s) subject to notification obligation:	Herald Investment Management Limited
4. Full name of shareholder(s) (if different from 3):	(1) Bank of New York (OCS)  Nominees Ltd on behalf of  Herald Investment Trust Plc  (2) Herald Ventures Limited Partnership
5. Date of transaction (and date on which the threshold is crossed or reached if different):	11th December 2009
6. Date on which issuer notified:	15th December 2009
7. Threshold(s) that is/are crossed or reached:	19%

8: Notified Details
A: Voting rights attached to shares
Class/type of shares If possible use ISIN code	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
	Number of shares	Number of voting rights	Number of shares Indirect	Number of voting rights		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
GB00B0BRN552	5,203,117 (18.32%)	5,203,117	5,403,117 (19.03%)		5,403,117		19.03%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights
None				Nil

Total (A+B)
Number of voting rights	Percentage of voting rights
5,403,117	19.03%

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

Herald Investment Management Limited, a discretionary investment manager, is the parent undertaking of an investment management business. Legal Vehicle Voting Rights Percentage held Shareholder: Herald Ventures Limited 2,827,210 9.96% Shareholder: Herald Investment Trust (in the name of Bank of New York (OCS Nominees Limited) 2,575,907 9.07% Total for Funds under the management of Herald Investment Management Limited 5,403,117 19.03%

Proxy Voting:
10. Name of 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:
14 Contact name:	Andrew Miller
15. Contact telephone number:	020 7553 6308

For notes on how to complete form TR-1 please see the FSA website. 

 

END

 

 

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