TIDMXAR

RNS Number : 9670P

Xaar PLC

11 October 2011

 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
------------------------------------------------------------------------------ 
 
 1. Identity of the issuer or the 
 underlying issuer of existing shares to 
 which voting rights are attached: (ii)                  XAAR Plc 
------------------------------------------  ---------------------------------- 
 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):                                                              Yes 
---------------  ----------------------------------------------------  ------- 
 3. Full name of person(s) subject 
  to the 
  notification obligation: (iii)          Artemis Investment Management LLP 
------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv)            Artemis UK Special Situations Fund 
------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date 
  on 
  which the threshold is crossed or 
  reached: (v)                                     05 October 2011 
------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                 06 October 2011 
------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                     5% 
------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
--------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
--------------------------------------------------------------------------------------------------------------------- 
 Class/type 
 of shares if 
 possible       Situation previous 
 using the       to the triggering                  Resulting situation after the triggering 
 ISIN CODE       transaction                         transaction 
-------------  ----------------------------------  ------------------------------------------------------------------ 
                                Number 
                Number           of 
                 of              Voting             Number        Number of voting         % of voting rights 
                 Shares          Rights              of shares     rights                   (x) 
-------------  --------------  ------------------  ------------  -----------------------  --------------------------- 
                                                                  Direct        Indirect 
                                                    Direct         (xi)          (xii)     Direct         Indirect 
-------------    ---  -------  ------  -----  ---  ------------  ------------  ---------  -------------  ------------ 
 GB0001570810   3,627,285       3,627,285           3,627,285     3,627,285                4.98% 
               --------------  ------------------  ------------  ------------  ---------  -------------  ------------ 
 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------- 
                                                                       Number of voting 
                                                                        rights that may 
                                                                        be 
                                        Exercise/                       acquired if the 
 Type of financial     Expiration        Conversion Period              instrument is               % of voting 
  instrument            date (xiii)      (xiv)                          exercised/ converted.        rights 
--------------------  ---------------  -----------------------------  ---------------------------  ------------------ 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
--------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------- 
                                               Exercise/ 
 Type of                                        Conversion        Number of voting 
 financial        Exercise      Expiration      period             rights instrument           % of voting rights 
 instrument        price         date (xvii)    (xviii)            refers to                    (xix, xx) 
---------------  ------------  -------------  -----------------  ---------------------------  ----------------------- 
                                                                                               Nominal       Delta 
---------------  ------------  -------------  -----------------  ---------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ------------------------------------------------------ 
 3,627,285                                                      4.98% 
-------------------------------------------------------------  ------------------------------------------------------ 
 
 
 
 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: 
-------------------------------------------------  --------------------------- 
 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:                                    Rona Fairs 
--------------------------------------  -------------------------------------- 
 15. Contact telephone number:                       020 7399 6056 
--------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLEAFEFFAEFFFF

Xaar (LSE:XAR)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Xaar Charts.
Xaar (LSE:XAR)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Xaar Charts.