Phoenix IT Group PLC Holding(s) in Company (5423S)
July 08 2015 - 10:33AM
UK Regulatory
TIDMPNX
RNS Number : 5423S
Phoenix IT Group PLC
08 July 2015
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
--------------------------------------------------
1. Identity of the issuer or the underlying PHOENIX IT GROUP PLC
issuer Sedol: B0315W6
of existing shares to which voting rights
are
attached: (ii)
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2 Reason for the notification (please tick the appropriate box or boxes):
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An acquisition or disposal of voting rights
----------------------------------------------------------------------------- ------------
An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already issued to
which voting rights are attached
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An acquisition or disposal of instruments with similar economic ü
effect to qualifying financial instruments
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An event changing the breakdown of voting rights
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Other (please
specify):
------------------- -------------------------------------------------------- ------------
3. Full name of person(s) subject PSQUARED ASSET MANAGEMENT AG
to the
notification obligation: (iii)
-------------------------------------------- ---------------------------------------------
4. Full name of shareholder(s)
(if different from 3.):(iv)
-------------------------------------------- ---------------------------------------------
5. Date of the transaction and date 06 JULY 2015
on
which the threshold is crossed
or
reached: (v)
-------------------------------------------- ---------------------------------------------
6. Date on which issuer notified: 07 JULY 2015
-------------------------------------------- ---------------------------------------------
7. Threshold(s) that is/are crossed
or
reached: (vi, vii) 3%
-------------------------------------------- ---------------------------------------------
8. Notified details:
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A: Voting rights attached to shares (viii, ix)
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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 rights (x)
Shares Voting shares
Rights
--------------- -------------- ---------------------- --------- ------------------------ ------------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
--------------- ---- ------- ------- ------ ----- --------- ------------ ---------- ---------------- ------------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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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)
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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)
---------------- ------------- --------------- ---------------- ----------------------------- -------------------------
EQUITY SWAP N/A 2 YRS N/A 3,000,000 Nominal Delta
(CONTRACT FOR
DIFFERENCE)
---------------- ------------- --------------- ---------------- ----------------------------- ------------ -----------
3,000,000
------------------------------------------------------------------------------------- ------------ -----------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
----------------------------------------------------------------- ---------------------------------------------------------
3,000,000 3.61%
----------------------------------------------------------------- ---------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
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We are the holders of the cfd instruments that do not have underlying
voting rights, however our swap counterparty who issued the cfds may
have an underlying hedge and access voting rights via that hedge.
Proxy Voting:
--------------------------------------------------------------------------------
10. Name of the proxy holder: N/A
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11. Number of voting rights proxy holder will N/A
cease
to hold:
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12. Date on which proxy holder will cease to N/A
hold
voting rights:
--------------------------------------------------- ---------------------------
13. Additional information: CFD COUNTERPARTY: MORGAN STANLEY
---------------------------------------- --------------------------------------
14. Contact name: GARY PENNING
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15. Contact telephone number: +41 (0) 43 508 3760
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Note: Annex should only be submitted to the FCA not the issuer
Annex: Notification of major interests in share
A: Identity of the persons or legal entity subject to the notification
obligation
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Full name PSQUARED ASSET MANAGEMENT AG
(including legal form of legal entities)
------------------------------------------ -------------------------------------------
Contact address THEATERSTRASSE 8, 8001 ZURICH, SWITZERLAND
(registered office for legal entities)
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Phone number & email +41 (0) 43 508 3760 gpenning@p2am.ch
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Other useful information
(at least legal representative for
legal persons)
------------------------------------------ -------------------------------------------
B: Identity of the notifier, if applicable
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Full name GARY PENNING
------------------------------------------ -------------------------------------------
Contact address THEATERSTRASSE 8, 8001 ZURICH, SWITZERLAND
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Phone number & email +41 (0) 43 508 3760 gpenning@p2am.ch
------------------------------------------ -------------------------------------------
Other useful information
(e.g. functional relationship with
the person or legal entity subject
to the notification obligation)
------------------------------------------ -------------------------------------------
C: Additional information
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For notes on how to complete form TR-1 please see the FCA website.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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