TIDMCNC

RNS Number : 1329U

Concurrent Technologies PLC

13 January 2017

13 January 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
------------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                   CONCURRENT TECHNOLOGIES 
  the underlying issuer                                                   PLC 
  of existing shares to which 
  voting rights are 
  attached: 
---------------------------------------------------  -------------------------------------------- 
 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)                            LIONTRUST INVESTMENT PARTNERS 
  subject to the                                                    LLP 
  notification obligation: 
--------------------------------------  --------------------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
--------------------------------------  --------------------------------------------------------- 
 5. Date of the transaction                                  11 JANUARY 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
--------------------------------------  --------------------------------------------------------- 
 6. Date on which issuer                                     12 JANUARY 2017 
  notified: 
--------------------------------------  --------------------------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                         12% 
--------------------------------------  --------------------------------------------------------- 
 8. Notified details: 
------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous      Resulting situation after the 
  of              to the triggering       triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ----------------------  --------------------------------------------------------- 
                 Number      Number      Number       Number of voting       % of voting 
                  of          of         of shares     rights                 rights 
                  Shares      Voting 
                              Rights 
--------------  ----------  ----------  -----------  ---------------------  --------------------- 
                                         Direct       Direct      Indirect   Direct      Indirect 
--------------  ----------  ----------  -----------  ----------  ---------  ----------  --------- 
 GB0002183191    9,360,180   9,360,180   8,700,180    8,700,180     N/A       11.96%       N/A 
--------------  ----------  ----------  -----------  ----------  ---------  ----------  --------- 
 
 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of financial            Expiration     Exercise /                      Number of voting              % of voting 
  instrument                   date           Conversion                      rights that                   rights 
                                              Period                          may be 
                                                                              acquired if 
                                                                              the 
                                                                              instrument 
                                                                              is 
                                                                              exercised 
                                                                              / converted. 
---------------------------  -------------  ------------------------------  ----------------------------  ------------ 
            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                    Exercise       Expiration      Exercise        Number of            % of voting 
  financial                 price          date            /               voting rights         rights 
  instrument                                               Conversion      instrument 
                                                           period          refers to 
-------------------------  -------------  --------------  --------------  -------------------  ----------------------- 
           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 
------------------------------------------------------------------------  -------------------------------------------- 
                                8,700,180                                                    11.96% 
------------------------------------------------------------------------  -------------------------------------------- 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
---------------------------------------------------------------------------------------------------------------------- 
                                                          N/A 
---------------------------------------------------------------------------------------------------------------------- 
 
 Proxy Voting: 
---------------------------------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                                                   N/A 
----------------------------------------------------------------------------  ---------------------------------------- 
 11. Number of voting rights proxy                                                               N/A 
  holder will cease 
  to hold: 
----------------------------------------------------------------------------  ---------------------------------------- 
 12. Date on which proxy holder will                                                             N/A 
  cease to hold 
  voting rights: 
----------------------------------------------------------------------------  ---------------------------------------- 
 
 13. Additional information: 
----------------------------------------------------------  ---------------------------------------------------------- 
 14. Contact name:                                                                 Milly Porter 
----------------------------------------------------------  ---------------------------------------------------------- 
 15. Contact telephone number:                                                     020 7412 1702 
----------------------------------------------------------  ---------------------------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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January 13, 2017 04:30 ET (09:30 GMT)

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