TIDMMMX TIDMOIG

RNS Number : 4977V

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                                MINDS + MACHINES GROUP 
  the underlying issuer                                                     LIMITED 
  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)                                Oryx International Growth 
  subject to the                                                       Fund Limited 
  notification obligation: 
------------------------------------------------------  --------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
------------------------------------------------------  --------------------------- 
 5. Date of the transaction                                           6 AUGUST 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: 
------------------------------------------------------  --------------------------- 
 6. Date on which issuer                                              7 AUGUST 2015 
  notified: 
------------------------------------------------------  --------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached:                                                                       6% 
------------------------------------------------------  --------------------------- 
 
 
 
 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                    % of voting 
                 of               of               of shares      voting                       rights 
                 Shares           Voting                          rights 
                                  Rights 
-------------  ---------------  ---------------  -------------  ---------------------------  ------------------------- 
                                                  Direct         Direct         Indirect      Direct        Indirect 
-------------      -----------    -----------    -------------  -------------  ------------  ------------  ----------- 
 ISIN           28,950,000       28,950,000       52,450,000     52,450,000                   6.27% 
               ---------------  ---------------  -------------  -------------  ------------  ------------  ----------- 
 VGG614091012 
-------------      -----------    -----------      -----------    -----------  ------------      --------    --------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                       Number of voting               % of voting 
 financial           date           Conversion                      rights that                    rights 
 instrument                         Period                          may 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 
 financial         price         date           Conversion        rights instrument              rights 
 instrument                                     period            refers to 
---------------  -------------  -------------  ---------------  -----------------------------  ----------------------- 
                                                                                                Nominal       Delta 
---------------  -------------  -------------  ---------------  -----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------- 
 52,450,000                                         6.27% 
-------------------------------------------------  ------------------------------------------------------------------- 
 
 
 
 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

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