TIDMMMX TIDMOIG

RNS Number : 3811V

Minds + Machines Group Limited

07 August 2015

For immediate release

7 August 2015

Minds + Machines Group Limited

("MMX", the "Company" or "Group")

Holding(s) in Company

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying               MINDS + MACHINES GROUP LIMITED 
  issuer 
  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                                       ü 
--------------------------------------------------------------------------------  ------- 
 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                 Oryx International Growth Fund Limited 
  to the 
  notification obligation: 
--------------------------------------------  ------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
--------------------------------------------  ------------------------------------------- 
 5. Date of the transaction and date                                        4 AUGUST 2015 
  on 
  which the threshold is crossed 
  or 
  reached: 
--------------------------------------------  ------------------------------------------- 
 6. Date on which issuer notified:                                          6 AUGUST 2015 
--------------------------------------------  ------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached:                                                                             3% 
--------------------------------------------  ------------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                  Resulting situation after the triggering 
 of              to the triggering                   transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  ----------------------------------  ----------------------------------------------------------------------- 
                Number          Number              Number         Number of voting          % of voting rights 
                 of              of                  of shares      rights 
                 Shares          Voting 
                                 Rights 
-------------  --------------  ------------------  -------------  ------------------------  ------------------------------ 
                                                    Direct         Direct         Indirect   Direct           Indirect 
-------------    ----  ------  ------  -----  ---  -------------  -------------  ---------  ---------------  ------------- 
 ISIN           2,250,000       2,250,000           28,950,000     28,950,000                3.46% 
               --------------  ------------------  -------------  -------------  ---------  ---------------  ------------- 
 VGG614091012 
-------------    ----  ------  ------  -----  ---  -----------    ----  -------  ---------  ---  ----  ----     ---------- 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial      Expiration      Exercise/                        Number of voting               % of voting 
  instrument             date            Conversion Period                rights that may                rights 
                                                                          be 
                                                                          acquired if the 
                                                                          instrument is 
                                                                          exercised/ converted. 
---------------------  --------------  -------------------------------  -----------------------------  ------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise      Expiration     Exercise/           Number of voting               % of voting rights 
 financial         price         date           Conversion          rights instrument 
 instrument                                     period              refers to 
---------------  ------------  -------------  ------------------  -----------------------------  ------------------------- 
                                                                                                  Nominal        Delta 
---------------  ------------  -------------  ------------------  -----------------------------  -------------  ---------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                         Percentage of voting rights 
--------------------------------------------------------------  ---------------------------------------------------------- 
 28,950,000                                                      3.46% 
--------------------------------------------------------------  ---------------------------------------------------------- 
 
 
 
 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:                                                       KEVIN CURTIS 
                                              BNP PARIBAS SECURITIES SERVICES S.C.A., 
                                                                      GUERNSEY BRANCH 
                                                                 AS COMPANY SECRETARY 
----------------------------------------  ------------------------------------------- 
 15. Contact telephone number:                                           01481 750858 
----------------------------------------  ------------------------------------------- 
 
 

Further Information:

Minds + Machines Group Limited

   Antony Van Couvering                                    Tel: +1 310 452 1491 

Beaumont Cornish Limited (Nomad)

   Roland Cornish / Michael Cornish                   Tel: +44 (0)20 7628 3396 

N+1 Singer (Broker)

   Shaun Dobson/Ben Wright                              Tel: +44 (0)20 7496 3000 

GTH Communications Limited

Toby Hall Tel: +44(0)20 7822 7493 / +44 (0)7713 341072

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLUNRRRVNAWRUR

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