Holding(s) in Company

RNS Number : 7422J

Microsaic Systems plc

13 September 2016

 

For filings with the FCA include the annex
For filings with issuer exclude the annex
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			Microsaic Group 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				X
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments				X
An event changing the breakdown of voting rights				X
Other (please specify):	Private placing to Issued share Capital position of 108,000,000			Y
3. Full name of person(s) subject to the notification obligation: iii		Royal Bank of Canada
4. Full name of shareholder(s)  (if different from 3.):iv		Roy Nominees Limited
5. Date of the transaction and date on which the threshold is crossed or reached: v		13 September 2016
6. Date on which issuer notified:		13 September 2016
7. Threshold(s) that is/are crossed or reached: vi, vii		3% to 1%

8. Notified details:

A: Voting rights attached to shares viii, ix

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 x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B547ZY09 Ordinary shares

2,254,170

2,254,170

2,254,170

1.24%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

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

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

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

N/A

N/A

N/A

N/A

N/A

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

2,254,170

1.24%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Roy Nominees is the nominee company for RBC Trustees (CI) Limited and RBC Trust Company (International) limited which are wholly owned indirect subsidaries of the Royal Bank of Canada. Please be advised that a TR-1 disclosure was made on behalf of Nigel Wray and his family's interests on 13 September 2016 which included the above in-direct position held. As the above indirect position has now fallen below the 3% reportable position due to the Private placement this has triggered the required filing The overall Nigel Wray beneficial interest and indirect interest held in shares of Microsaic Systems Plc still remain above 4% as per the previous filing made on 13 September 2016.
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:	Figures are based on total number of voting rights 181,365,146
14. Contact name:	Graham Horsnell / Scott Roberts
15. Contact telephone number:	[phone] / 602971

 

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