Holding(s) in Company
December 08 2010 - 7:23AM
UK Regulatory
TIDMTNG
RNS Number : 6005X
Tangent Communications PLC
08 December 2010
+----------------+--------------------+------+----------------------------+--------+
| |
+----------------------------------------------------------------------------------+
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi |
+----------------------------------------------------------------------------------+
| | |
+--------------------------------------------+-------------------------------------+
| 1. Identity of the issuer or the | Tangent Communications plc |
| underlying 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 | Yes |
+-------------------------------------------------------------------------+--------+
| 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 | ISIS EP LLP |
| to the | |
| notification obligation: | |
+-------------------------------------+--------------------------------------------+
| 4. Full name of shareholder(s) | No client holds more than 3% |
| (if different from 3.): | |
+-------------------------------------+--------------------------------------------+
| 5. Date of the transaction and date | 01/12/2010 |
| on | |
| which the threshold is crossed or | |
| reached: | |
+-------------------------------------+--------------------------------------------+
| 6. Date on which issuer notified: | 06/12/2010 |
+-------------------------------------+--------------------------------------------+
| 7. Threshold(s) that is/are crossed | 10% |
| or | |
| reached: | |
+-------------------------------------+--------------------------------------------+
| | | | | |
+----------------+--------------------+------+----------------------------+--------+
+--------------+-----------------+----+------+------------+----+--+----------------------+-+------+----+------------+-------+---------------------+----+--+-------------+
| 8. Notified details: |
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares |
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Class/type | Situation previous | Resulting situation after the triggering transaction |
| of | to the triggering | |
| shares | transaction | |
| if possible | | |
| using | | |
| the ISIN | | |
| CODE | | |
+ +--------------------------------------------------+-----------------------------------------------------------------------------------------------------+
| | Number | Number | Number | Number | % of voting rights |
| | of | of | of | of | |
| | Shares | Voting | shares | voting | |
| | | Rights | | rights | |
+ + + +------------------------+------------------------+---------------------------------------------------+
| | | | Direct | Direct | Indirect | Direct | Indirect |
| | | | | | | | |
+--------------+-----------------------------+--------------------+------------------------+-----------+------------+----------------------------------+----------------+
| | 7,923,077 | 4.54% | | | | | 10.26% |
| | | | | | 17,923,077 | | |
| GB0005405849 | | | | | | | |
+--------------+ + + + + + + +
| | | | | | | | |
+--------------+-----------------------------+--------------------+------------------------+-----------+------------+----------------------------------+----------------+
| |
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| 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 be | rights |
| | | | acquired if the | |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted. | |
+-------------------------------------+-------------------+---------------------------------------+-----------------------------------------------+---------------------+
| | | | | Nil |
+-------------------------------------+-------------------+---------------------------------------+-----------------------------------------------+---------------------+
| |
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Type of financial | Exercise | Expiration | Exercise/ | Number of voting | % of voting rights |
| instrument | price | date | Conversion | rights instrument | |
| | | | period | refers to | |
| | | | | | |
+--------------------------------+-----------+-----------------+---------------------------+--------------------------------+-------------------------------------------+
| | | | | | Nominal | Delta |
| | | | | | | |
+ + + + + +-----------------------------+-------------+
| | | | | | | |
+--------------------------------+-----------+-----------------+---------------------------+--------------------------------+-----------------------------+-------------+
| |
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Total (A+B+C) |
+-----------------------------------------------------------------------------------------------------------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+----------------------------------------------------------------------------------------+------------------------------------------------------------------------------+
| 17,923,077 | 10.26% |
+----------------------------------------------------------------------------------------+------------------------------------------------------------------------------+
| | | | | | | | | | | | | | | | | |
+--------------+-----------------+----+------+------------+----+--+----------------------+-+------+----+------------+-------+---------------------+----+--+-------------+
+--------------------------------------+-----------+------------------------------+
| 9. Chain of controlled undertakings through which the voting rights and/or the |
| financial instruments are effectively held, if applicable: |
+---------------------------------------------------------------------------------+
| |
| ISIS EP LLP |
| No client holds more than 3% |
+---------------------------------------------------------------------------------+
| |
+---------------------------------------------------------------------------------+
| Proxy Voting: |
+---------------------------------------------------------------------------------+
| 10. Name of the proxy holder: | ISIS EP LLP |
+--------------------------------------------------+------------------------------+
| 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: | |
+--------------------------------------+------------------------------------------+
| 14. Contact name: | Karen Huxley |
+--------------------------------------+------------------------------------------+
| 15. Contact telephone number: | 020 7506 5643 |
+--------------------------------------+------------------------------------------+
| | | |
+--------------------------------------+-----------+------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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