Tangent Communications PLC Holding(s) in Company (1158Y)
November 26 2014 - 12:09PM
UK Regulatory
TIDMTNG
RNS Number : 1158Y
Tangent Communications PLC
26 November 2014
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
----------------------------------------------------------------------------------------
1. Identity of the issuer or TANGENT COMMUNICATIONS
the underlying issuer 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 X
------------------------------------------------------------ --------------------------
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 21 November 2014
and date on
which the threshold is
crossed or
reached: (v)
----------------------------------------------------------- ---------------------------
6. Date on which issuer 25 November 2014
notified:
----------------------------------------------------------- ---------------------------
7. Threshold(s) that is/are
crossed or
reached: 4%
----------------------------------------------------------- ---------------------------
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 voting % of voting
of of of shares rights rights
Shares Voting
Rights
------------- --------------- --------------- ------------- --------------------------- -------------------------
Direct Direct Indirect Direct Indirect
------------- ----------- ----------- ------------- ------------- ------------ ------------ -----------
GB0005405849 11,015,163 11,015,163 12,025,000 12,025,000 4.34%
--------------- --------------- ------------- ------------- ------------ ------------ -----------
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
------------------------------------------------- -------------------------------------------------------------------
12,025,000 4.34%
------------------------------------------------- -------------------------------------------------------------------
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:RNS 2R KEVIN CURTIS
BNP PARIBAS SECURITIES SERVICES
S.C.A., GUERNSEY BRANCH
AS COMPANY SECRETARY
------------------------------------------------------------- ---------------------------------
15. Contact telephone number: 01481 750858
------------------------------------------------------------- ---------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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