Holding(s) in Company

RNS Number : 2692A

Concurrent Technologies PLC

17 February 2014

 

17 February 2014

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:		CONCURRENT TECHNOLOGIES PLC
2. Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights			X
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
Other (please specify):
3. Full name of person(s) subject to the notification obligation:	HARGREAVE HALE LIMITED
4. Full name of shareholder(s)  (if different from 3.):	DISCRETIONARY CLIENTS
5. Date of the transaction and date on which the threshold is crossed or reached:	14 FEBRUARY 2014
6. Date on which issuer notified:	17 FEBRUARY 2014
7. Threshold(s) that is/are crossed or reached:	5%

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

Indirect

Direct

Indirect

Direct

Indirect

GB0002183191

3,574,598

3,574,598

3,562,598

N/A

3,562,598

N/A

4.9896

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

N/A

N/A

N/A

N/A

N/A

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

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

N/A

N/A

Total (A+B+C)

Number of voting rights

Percentage of voting rights

3,562,598

4.9896

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
3,502,598 of these shares are held for a unit trust operated by Marlborough Fund Managers Ltd for whom Hargreave Hale Ltd manages the investments on a discretionary basis. The remaining shares are held for other Discretionary clients.
Proxy Voting:
10. Name of the 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:	David Clueit
15. Contact telephone number:	01253 754739

 

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