TIDMTNG

RNS Number : 3217L

Tangent Communications PLC

03 September 2012

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
--------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying 
  issuer                                                Tangent Communications plc 
  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 
------------------------------------------------------------------------------  ------- 
 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):      Transfer into Nominees                               X 
---------------------------  -------------------------------------------------  ------- 
 3. Full name of person(s) subject               Investec Wealth & Investment Limited 
  to the 
  notification obligation: 
--------------------------------------------  ----------------------------------------- 
 4. Full name of shareholder(s)                                  N/A 
  (if different from 3.): 
--------------------------------------------  ----------------------------------------- 
 5. Date of the transaction and date                      28(th) August 2012 
  on 
  which the threshold is crossed 
  or 
  reached: 
--------------------------------------------  ----------------------------------------- 
 6. Date on which issuer notified:                       1(st) September 2012 
--------------------------------------------  ----------------------------------------- 
 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          rights 
                 Shares           Voting                shares 
                                  Rights 
-------------  ---------------  ---------------------  ---------  -----------------------  ----------------------------- 
                                                        Direct     Direct       Indirect    Direct         Indirect 
-------------    -----  ------  -------  ------  ----  ---------  -----------  ----------  -------------  -------------- 
 Ordinary 
 Shares 
 GB0005405849   3,291,950        3,291,950                                      5,529,361                  3.13% 
-------------  ---------------  ---------------------  ---------  -----------  ----------  -------------  -------------- 
 
 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 
--------------------------------------------------------------  -------------------------------------------------------- 
 5,529,361                                                       3.13% 
--------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
----------------------------------------------------------------------------------- 
 Client holdings registered in the name of Nominee companies 100% owned 
  by Investec Wealth & Investment Limited. 
 
  NB: The increase in the Nominee holding triggering this disclosure is 
  the result of the integration of the Williams De Broe business with Investec 
  Wealth & Investment on 28(th) August 2012. 
 
 Proxy Voting: 
----------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
                                                          N/A 
-----------------------------------------------------  ---------------------------- 
 11. Number of voting rights proxy holder will 
  cease                                                   N/A 
  to hold: 
-----------------------------------------------------  ---------------------------- 
 12. Date on which proxy holder will cease to 
  hold                                                    N/A 
  voting rights: 
-----------------------------------------------------  ---------------------------- 
 
 
  13. Additional information:                  N/A 
------------------------------------------  --------------------------------------- 
 14. Contact name: 
                                               Phil Beardwell Chartered FCSI 
                                               Senior Compliance Manager 
------------------------------------------  --------------------------------------- 
 
 15. Contact telephone number:                 020 7597 1356 
------------------------------------------  --------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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