TIDMQDG

RNS Number : 6724K

Quadnetics Group PLC

19 July 2011

 
   TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
   1. Identity of the issuer or the underlying 
    issuer of existing shares to which voting 
    rights are attached:                                QUADNETICS GROUP 
  ---------------------------------------------------  --------------------------------- 
   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): 
  -------------------------------------------------------------------------------  ----- 
   3. Full name of person(s) subject to                    Ignis Investment Services 
    the notification obligation:                                     Limited 
  ---------------------------------------------------  --------------------------------- 
   4. Full name of shareholder(s) (if different 
    from 3.): 
  ---------------------------------------------------  --------------------------------- 
   5. Date of the transaction and date 
    on which the threshold is crossed or 
    reached if different:                                          18/07/2011 
  ---------------------------------------------------  --------------------------------- 
   6. Date on which issuer notified:                               19/07/2011 
  ---------------------------------------------------  --------------------------------- 
   7. Threshold(s) that is/are crossed 
    or reached:                                                        7% 
  ---------------------------------------------------  --------------------------------- 
 8.Notified details: Nominee holdings 
---------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------- 
 Class/type 
  of 
  shares 
  if possible 
  using         Situation previous 
  the ISIN       to the triggering    Resulting situation after the triggering 
  CODE           transaction           transaction 
-------------  --------------------  --------------------------------------------------- 
                Number   Number       Number 
                of        of Voting   of       Number of voting     % of voting 
                Shares    Rights      shares    rights               rights 
  -----------  -------  -----------  -------  -------------------  --------------------- 
                                      Direct   Direct   Indirect    Direct   Indirect 
  -----------  -------  -----------  -------  -------  ----------  -------  ------------ 
 0715683                                                1,240,639            7.06% 
-------------  -------  -----------  -------  -------  ----------  -------  ------------ 
 
 
 
 B: Financial Instruments 
------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction (xii) 
------------------------------------------------------------------------------ 
 Type of           Expiration   Exercise/        Number of         % of voting 
 financial          date        Conversion       voting rights      rights 
 instrument                     Period/ Date     that 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    % of voting 
 financial     price      Date        Conversion   voting       rights 
 instrument                           period       rights 
                                                   instrument 
                                                   refers to 
-----------  ---------  -----------  -----------  -----------  ------------------ 
                                                                Nominal    Delta 
-----------  ---------  -----------  -----------  -----------  --------  -------- 
 
 
 
 Total (A+B+C) 
------------------------------------------------------ 
 Number of voting rights   Percentage of voting rights 
------------------------  ---------------------------- 
 1,240,639.00              7.06% 
------------------------  ---------------------------- 
 
 
 9. Chain of controlled undertakings through which the voting 
  rights and/or the financial instruments are effectively held, 
  if applicable: 
--------------------------------------------------------------- 
 Vidacos Nominees Ltd (1,240,639.00 7.06%) 
--------------------------------------------------------------- 
 
 
 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: 
----------------------------------------- 
 
 
                                  Percentage calculation 
                                   based on Issued Share Capital 
 13. Additional information:       of 17,569,744 
-------------------------------  ------------------------------- 
 14. Contact name:                Jean Birrell 
-------------------------------  ------------------------------- 
 15. Contact telephone number:    0141 222 8226 
-------------------------------  ------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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