TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
QUADNETICS GROUP |
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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 |
X |
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An acquisition or disposal of 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: |
Ignis Investment Services Limited |
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4. Full name of shareholder(s) (if different from 3.): |
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5. Date of the transaction and date on which the threshold is crossed or reached if different: |
08/03/2012 |
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6. Date on which issuer notified: |
09/03/2012 |
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7. Threshold(s) that is/are crossed or reached: |
8% |
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8.Notified details: Nominee holdings |
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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 of Shares |
Number of Voting Rights viii |
Number of shares |
Number of voting rights |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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GB0007156838 |
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1,408,424 |
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8.02% |
B: Financial Instruments |
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Resulting situation after the triggering transaction xii |
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Type of financial instrument |
Expiration date |
Exercise/ Conversion Period/ Date |
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 |
Exercise/ Conversion period |
Number of voting rights instrument refers to |
% of voting rights |
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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 |
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1,408,424.00 |
8.02% |
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9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
Vidacos Nominees Ltd (1,408,424.00 8.02%)
Phoenix Group Holdings Impala Holdings Limited Ignis Asset management Ltd Ignis Investment Services Ltd (indirect)
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Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: |
Percentage calculation based on Issued Share Capital of 17,569,744 |
14. Contact name: |
Stuart Caldwell |
15. Contact telephone number: |
0141 222 8158 |