TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
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1. Identity of the issuer or the underlying issuer |
BATM Advanced Communications Limited |
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
YES |
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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 |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
NO |
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An event changing the breakdown of voting rights |
NO |
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Other (please specify): |
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NO |
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3. Full name of person(s) subject to the |
Standard Life Investments Ltd |
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4. Full name of shareholder(s) |
Vidacos Nominees |
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5. Date of the transaction and date on |
18 March 2009 |
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6. Date on which issuer notified: |
09 June 2009 |
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7. Threshold(s) that is/are crossed or |
6% |
8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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IL0010849045 |
24,090,585 |
24,090,585 |
23,990,585 |
5,278,024 |
18,712,561 |
1.316% |
4.666% |
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B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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N/A |
N/A |
N/A |
N/A |
N/A |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise price |
Expiration date |
Exercise/ |
Number of voting rights instrument refers to |
% of voting rights |
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N/A |
N/A |
N/A |
N/A |
N/A |
Nominal |
Delta |
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N/A |
N/A |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
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23,990,585 |
5.982% |
9. Chain of controlled undertakings through which the voting rights and/or the |
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N/A |
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Proxy Voting: |
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10. Name of the proxy holder: |
N/A |
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11. Number of voting rights proxy holder will cease |
N/A |
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12. Date on which proxy holder will cease to hold |
N/A |
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On 9 June 2009, BATM Advanced Communications Limited (the 'Company') received several TR-1 Notifications from Standard Life Investments Ltd in relation to changes in its holdings in the Company since 16 September 2008. This TR-1 notification reflects Standard Life Investments Ltd's latest disclosed interest in the Company. |
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14. Contact name: |
Investments_mo@standardlife.com Standard Life Investments Ltd |
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15. Contact telephone number: |
(0131) 245 6565 |