Pinnacle Technology Group PLC Holdings in Company (4024F)
February 19 2015 - 11:22AM
UK Regulatory
TIDMPINN
RNS Number : 4024F
Pinnacle Technology Group PLC
19 February 2015
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------------------------------------------
1. Identity of the issuer or the underlying Pinnacle Technology Group Plc
issuer
of existing shares to which voting rights
are
attached: (ii)
-------------------------------------------------- ----------------------------------
2 Reason for the notification (please tick the appropriate box or boxes):
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An acquisition or disposal of voting rights P
----------------------------------------------------------------------------- -------
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 P
----------------------------------------------------------------------------- -------
Other (please
specify):
------------------- -------------------------------------------------------- -------
3. Full name of person(s) subject MXC HOLDINGS LIMITED
to the
notification obligation: (iii)
-------------------------------------------- ----------------------------------------
4. Full name of shareholder(s) JM FINN NOMINEES LIMITED
(if different from 3.):(iv)
-------------------------------------------- ----------------------------------------
5. Date of the transaction and date 17 February 2015
on
which the threshold is crossed
or
reached: (v)
-------------------------------------------- ----------------------------------------
6. Date on which issuer notified: 19 February 2015
-------------------------------------------- ----------------------------------------
7. Threshold(s) that is/are crossed
or
reached: (vi, vii) 3%
-------------------------------------------- ----------------------------------------
8. Notified details:
------------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
------------------------------------------------------------------------------------------------------------------------
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 (x)
Shares Voting
Rights
----------- ---------------- --------------------- ---------- ----------------------- -----------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
----------- ----- ------- ------- ------- --- ---------- ------------ --------- ------------- --------------
ORDINARY
SHARES 1,555,470 1,555,470 950,470 950,470 2.07%
---------------- --------------------- ---------- ------------ --------- ------------- --------------
B: Qualifying Financial Instruments
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date (xiii) Conversion Period rights that may rights
(xiv) be
acquired if the
instrument is
exercised/ converted.
-------------------- ---------------- ------------------------------ -------------------------- --------------------
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments (xv, xvi)
------------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting rights
financial price date (xvii) Conversion rights instrument (xix, xx)
instrument period refers to
(xviii)
------------- -------------- ---------------- --------------- --------------------------- -------------------------
Nominal Delta
------------- -------------- ---------------- --------------- --------------------------- ------------ -----------
Total (A+B+C)
------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
-------------------------------------------------------------- --------------------------------------------------------
950,470 2.07%
-------------------------------------------------------------- --------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
--------------------------------------------------------------------------------
Proxy Voting:
--------------------------------------------------------------------------------
10. Name of the proxy holder: N/A
--------------------------------------------------- ---------------------------
11. Number of voting rights proxy holder will N/A
cease
to hold:
--------------------------------------------------- ---------------------------
12. Date on which proxy holder will cease to N/A
hold
voting rights:
--------------------------------------------------- ---------------------------
13. Additional information: Figures are based on total number
of voting rights 46,018,435
---------------------------------------- --------------------------------------
14. Contact name: Steven Zhang
---------------------------------------- --------------------------------------
15. Contact telephone number: 020 053 1851
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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