AXA Group - Disaggregation Exemption notification

RNS Number : 2945V
Zytronic PLC
10 January 2012
 



 

 

 

 

Zytronic plc

 

AXA Group - Disaggregation Exemption notification

 

With effect from 17 October 2011, AXA SA and its subsidiary notifying Group entities have notified the FSA that effective from that date they will be disclosing holdings under the exemptions in Rules 5.4.1, 5.4.2 and 5.4.9 of the Disclosure and Transparency Rules ("DTR"). As a consequence, the holdings of the above entities will not be aggregated together or with those of AXA SA for DTR reporting purposes.

 

Following the above disaggregation exemption notification, AXA SA and its subsidiary notifying Group entities, acting independently from their parent and from each other, no longer have any reportable holdings in Zytronic plc on a Group aggregated basis.

 

However, AXA Investment Managers SA has crossed the 18% threshold and has a holding on a Group disaggregated basis as an independent Group subsidiary of 2,695,891 Ordinary Shares, representing 18.30% of the issued share capital of Zytronic plc; see attached notification

 

Enquiries:

 

Zytronic plc

0191 414 5511

Denis Mullan, Finance Director






Brewin Dolphin Ltd


Neil Baldwin

0845 213 4726

 

 

 

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

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

Zytronic PLC

 

2 Reason for the notification (please tick the appropriate box or boxes):

 

An acquisition or disposal of voting rights


 

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

X

 

Other (please specify):

 


 

3. Full name of person(s) subject to the notification obligation:

 

AXA Investment Managers SA

4. Full name of shareholder(s) (if different from 3.):

 


5. Date of the transaction and date on which the threshold is crossed or reached:

 

5 January 2012

6. Date on which issuer notified:

 

9 January 2012

7. Threshold(s) that is/are crossed or reached:

 

18.00%



 

8. Notified details:

A: Voting rights attached to shares

 

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights

Direct

Direct

Indirect

Direct

Indirect

GB0006971013

2,695,891

2,695,891

0

0

2,695,891

0.00%

18.30%


 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial
instrument

Expiration
date

Exercise/
Conversion
Period

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

 

% of voting
rights






 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial
instrument

Exercise
price

Expiration
date

Exercise/
Conversion
period

Number of voting
rights instrument
refers to

% of voting rights

 






Nominal

Delta

 



 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

2,695,891

18.30%

 

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


 

Proxy Voting:

 

10. Name of the proxy holder:

 


11. Number of voting rights proxy holder will cease to hold:

 


12. Date on which proxy holder will cease to hold voting rights:

 


 

13. Additional information:

 


14. Contact name:

 

Dimitrios Tsamis

15. Contact telephone number:

 

+44 (0) 207 003 2806

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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