For filings with the FSA include the annex
TR-1: notification of major interests in shares i
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii |
Microsaic Systems plc |
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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 |
P |
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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 |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation: iii |
FIL Limited |
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4. Full name of shareholder(s) |
BBHISL Nominees Limited |
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5. Date of the transaction and date on which the threshold is crossed or reached: v |
11 April 2011 |
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6. Date on which issuer notified: |
13 April 2011 |
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7. Threshold(s) that is/are crossed or reached: vi, vii |
5% |
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8. Notified details: |
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A: Voting rights attached to shares viii, ix |
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Class/type of shares
if possible using the ISIN CODE |
Situation previous to the triggering transaction
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Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights x |
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Direct |
Direct xi |
Indirect xii |
Direct |
Indirect |
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GB00B547ZY09 |
0 |
0 |
3,437,500 |
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3,437,500 |
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9.16 |
B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date xiii |
Exercise/ Conversion Period xiv |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
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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 instrument |
Exercise price |
Expiration date xvii |
Exercise/ Conversion Period xviii |
Number of voting rights instrument refers to |
% of voting rights xix, xx |
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Nominal |
Delta |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights |
3,437,500 |
9.16 |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi |
FIL Limited is the parent holding company. |
Proxy Voting: |
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10. Name of the proxy holder: |
FIL Limited |
11. Number of voting rights proxy holder will cease to hold: |
3,437,500 |
12. Date on which proxy holder will cease to hold voting rights: |
11 April 2011 |
13. Additional information: |
None |
14. Contact name: |
Philip Alexander |
15. Contact telephone number: |
fil-regreporting@fil.com / 01737 834624 |