Holding(s) in Company
June 08 2009 - 8:20AM
UK Regulatory
TIDMNTX
RNS Number : 5328T
NXT PLC
08 June 2009
+------------------------------------------------+------------------------+--------+
| TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES |
+----------------------------------------------------------------------------------+
| 1. Identity of the issuer or the underlying | NXT PLC |
| 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 | x |
+-------------------------------------------------------------------------+--------+
| An acquisition or disposal of financial instruments which may result in | |
| the acquisition of shares already issued to which voting rights are | |
| attached | |
+-------------------------------------------------------------------------+--------+
| An event changing the breakdown of voting rights | |
+-------------------------------------------------------------------------+--------+
| Other (please specify): Transitional notification of holdings | |
+-------------------------------------------------------------------------+--------+
| 3. Full name of person(s) subject to the | Cavendish Asset Management |
| notification obligation: | |
+------------------------------------------------+---------------------------------+
| 4. Full name of shareholder(s) (if different | Cavendish Asset Management and |
| from 3.): | Cavendish Opportunities Fund |
+------------------------------------------------+---------------------------------+
| 5. Date of the transaction (and date on which | |
| the threshold is crossed or reached if | |
| different): | |
+------------------------------------------------+---------------------------------+
| 6. Date on which issuer notified: | 05/06/09 |
+------------------------------------------------+---------------------------------+
| 7. Threshold(s) that is/are crossed or | 5% |
| reached: | |
+------------------------------------------------+---------------------------------+
| 8. Notified details: |
+------------------------------------------------+------------------------+--------+
+---------------+------------+------------+------------+-----------+------------+----------+-----------+
| A: Voting rights attached to shares |
+------------------------------------------------------------------------------------------------------+
| Class/type | Situation previous | Resulting situation after the triggering transaction |
| of shares | to the Triggering | |
| if | transaction | |
| possible | | |
| using the | | |
| ISIN CODE | | |
+ +-------------------------+------------------------------------------------------------+
| | Number of | Number | Number | Number of voting | % of voting rights |
| | Shares | of | of | rights | |
| | | Voting | shares | | |
| | | Rights | | | |
+ + + +------------+------------------------+----------------------+
| | | | Direct | Direct | Indirect | Direct | Indirect |
+---------------+------------+------------+------------+-----------+------------+----------+-----------+
| GB0004397567 | 7,734,989 | 7,734,989 | 7,334,989 | 0 | 7,334,989 | 0.00 | 4.90% |
+---------------+------------+------------+------------+-----------+------------+----------+-----------+
+----------------+------------+-------------------+--------------------+------------+
| B: Financial Instruments |
+-----------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
+-----------------------------------------------------------------------------------+
| Type of | Expiration | Exercise/ | Number of voting | % of |
| financial | date | Conversion | rights that may be | voting |
| instrument | | Period/ Date | acquired if the | rights |
| | | | instrument is | |
| | | | exercised/ | |
| | | | converted | |
+----------------+------------+-------------------+--------------------+------------+
| | | | | |
+----------------+------------+-------------------+--------------------+------------+
+--------------------------------------+----------------------------------------+
| Total (A+B) |
+-------------------------------------------------------------------------------+
| Number of voting rights | % of voting rights |
+--------------------------------------+----------------------------------------+
| 7,334,989 | 4.90% |
+--------------------------------------+----------------------------------------+
+-----------------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting rights and/or |
| the financial instruments are effectively held, if applicable: |
+-----------------------------------------------------------------------------+
| Cavendish Asset Management Ltd and Cavendish Opportunities Fund |
+-----------------------------------------------------------------------------+
+-------------------------------------------------+----------------------------+
| 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 | |
+-------------------------------------------------+----------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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