Holding(s) in Company
January 14 2008 - 10:42AM
UK Regulatory
RNS Number:7348L
Newport Networks Group PLC
14 January 2008
TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):
Newport Network Group PLC
2. Reason for the notification (please state Yes/No): ( )
An acquisition or disposal of voting rights: (Yes)
An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify): ( )
3. Full name of person(s) subject to the notification obligation (iii):
Newton Investment Management Limited
4. Full name of shareholder(s) (if different from 3.) (iv):
Newton Investment Management Limited
5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):
10/01/08
6. Date on which issuer notified:
11/01/08
7. Threshold(s) that is/are crossed or reached:
Decrease from 6.73% to 4.68%
8. Notified details:
Sale of 7,500,000 shares
A: Voting rights attached to shares
Class/type of shares if possible Situation previous to the Triggering transaction
using the ISIN CODE (vi)
Number of shares Number of voting Rights (viii)
Ordinary Shares 24,673,872 6.73%
ISIN GB00B00ST620
Resulting situation after the triggering transaction (vii)
Class/type of Number of shares Number of voting % of voting rights
shares if rights (ix)
possible using
the ISIN CODE
Direct Direct Indirect Direct Indirect
(x) (xi)
ISIN
GB00B00ST620
N/A N/A 17,173,872 N/A 4.68%
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of Expiration Date Exercise/ Number of voting % of voting
financial (xiii) Conversion Period/ rights that may be rights
instrument Date (xiv) acquired if the
instrument is
exercised/ converted
Total (A+B)
Number of voting rights % of voting rights
17,173,872 4.68%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):
Newton Investment Management Limited hold these shares as a discretionary
Investment Manager
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:
N/A
14. Contact name:
Asif S Lalani
15. Contact number:
+44 (0)20 7163 5115
Annex to Notification Of Major Interests In Shares (xvi)
A: Identity of the person or legal entity subject to the notification obligation
Full name (including legal form for legal entities):
Newton Investment Management Ltd
Contact address (registered office for legal entities):
Mellon Financial Centre
160 Queen Victoria Street
London EC4V 4LA
Phone number
+44 (0)20 7163 9000
Other useful information (at least legal representative for legal persons):
Rachel Wheeler
B: Identity of the notifier, if applicable (xvii)
Full name:
Newton Investment Management Ltd
Contact address:
Mellon Financial Centre
160 Queen Victoria Street
London EC4V 4LA
Phone number:
+44 (0)20 7163 9000
Other useful information (e.g. functional relationship with the person or legal
entity subject to the notification obligation):
Discretionary Investment Manager
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLUSSVRWARAAAR
Newport Networks (LSE:NNG)
Historical Stock Chart
From Jun 2024 to Jul 2024
Newport Networks (LSE:NNG)
Historical Stock Chart
From Jul 2023 to Jul 2024