Xchanging PLC Holding(s) in Company (1143H)
November 26 2015 - 10:13AM
UK Regulatory
TIDMXCH
RNS Number : 1143H
Xchanging PLC
26 November 2015
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
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1. Identity of the issuer or the underlying XCHANGING PLC
issuer
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
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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 X
effect to qualifying financial instruments
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An event changing the breakdown of voting rights
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Other (please
specify):
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3. Full name of person(s) subject ODEY ASSET MANAGEMENT LLP
to the
notification obligation: (iii)
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4. Full name of shareholder(s)
(if different from 3.):(iv)
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5. Date of the transaction and date 25 NOVEMBER 2015
on
which the threshold is crossed
or
reached: (v)
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6. Date on which issuer notified: 26 NOVEMBER 2015
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7. Threshold(s) that is/are crossed
or
reached: (vi, vii) 12%
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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 shares rights (x)
Shares Voting
Rights
--------------- --------------- --------------- ------------- ------------------------- ---------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
--------------- ----------- ----------- ------------- ------------ ----------- ------------ -------------
Ordinary Share
(GB00B1VK7X76) 9,770,653 9,770,653 9,770,653 9,770,653 3.94%
--------------- --------------- --------------- ------------- ------------ ----------- ------------ -------------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------------
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)
------------------------------------------------------------------------------------------------------------------------
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)
----------------- ------------- ------------- --------------- --------------------------- -------------------------
Contract for 19,681,074 Nominal Delta
Difference (CFD)
----------------- ------------- ------------- --------------- --------------------------- ------------ -----------
7.94%
--------------- ----------- ----------- ----------- ---------- ----------- ------------ -----------
Total (A+B+C)
------------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
--------------------------------------------------- -------------------------------------------------------------------
29,451,727 11.88%
--------------------------------------------------- -------------------------------------------------------------------
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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CF ODEY ABSOLUTE RETURN FUND HOLDS 11.88%.
Proxy Voting:
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10. Name of the proxy holder:
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11. Number of voting rights proxy holder will
cease
to hold:
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12. Date on which proxy holder will cease to
hold
voting rights:
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13. Additional information:
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14. Contact name: FERGUS LEE
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15. Contact telephone number: 0207 208 1400
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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November 26, 2015 10:13 ET (15:13 GMT)
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