Tangent Communications PLC Holding(s) in Company (5851R)
March 09 2016 - 9:27AM
UK Regulatory
TIDMTNG
RNS Number : 5851R
Tangent Communications PLC
09 March 2016
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: (ii)
--------------------------------------------------------- ----------------------------
2 Reason for the notification (please tick the appropriate
box or boxes):
---------------------------------------------------------------------------------------
An acquisition or disposal of voting rights Yes
---------------------------------------------------------- ---------------------------
An acquisition or disposal of qualifying financial No
instruments which may result in the acquisition
of shares already issued to which voting rights
are attached
---------------------------------------------------------- ---------------------------
An acquisition or disposal of instruments with No
similar economic effect to qualifying financial
instruments
---------------------------------------------------------- ---------------------------
An event changing the breakdown of voting rights No
---------------------------------------------------------- ---------------------------
Other (please No
specify):
-------------------------------------------------------- ---------------------------
3. Full name of person(s) Livingbridge VC LLP
subject to the
notification obligation:
(iii)
--------------------------------------------------------- ----------------------------
4. Full name of shareholder(s) No underlying client holds
(if different from 3.):(iv) over 3%
--------------------------------------------------------- ----------------------------
5. Date of the transaction 07/03/2016
and date on
which the threshold is
crossed or
reached: (v)
--------------------------------------------------------- ----------------------------
6. Date on which issuer 09/03/2016
notified:
--------------------------------------------------------- ----------------------------
7. Threshold(s) that is/are
crossed or
reached: (vi, vii) 11% - 0%
--------------------------------------------------------- ----------------------------
8. Notified details:
----------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
----------------------------------------------------------------------------------------------------
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 (x)
hares Voting
Rights
------------- ------------ ------------ ------------ ---------------------- -------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
------------- ------------ ------------ ------------ -------- ------------ -------- ---------
31,383,077 11.3% Nil 0%
------------- ------------ ------------ ------------ -------- ------------ -------- ---------
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 (xiii) Period (xiv) may be
acquired if
the
instrument
is
exercised/
converted.
------------- ------------ -------------------------- ---------------------- -------------------
Nil
------------- ------------ -------------------------- ---------------------- -------------------
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
financial price date Conversion rights instrument rights (xix,
instrument (xvii) period refers to xx)
(xviii)
------------- ------------ ------------ ------------ ---------------------- -------------------
Nominal Delta
------------- ------------ ------------ ------------ ---------------------- -------- ---------
Total (A+B+C)
----------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
----------------------------------------- ---------------------------------------------------------
Nil 0%
----------------------------------------- ---------------------------------------------------------
9. Chain of controlled undertakings through which the
voting rights and/or the
financial instruments are effectively held, if applicable:
(xxi)
----------------------------------------------------------------------------------------------------
Livingbridge VC LLP
No underlying client holds over 3%
Proxy Voting:
----------------------------------------------------------------------------------------------------
10. Name of the proxy holder: Livingbridge VC LLP
----------------------------------------------------------------- ---------------------------------
11. Number of voting rights proxy N/A
holder will cease
to hold:
----------------------------------------------------------------- ---------------------------------
12. Date on which proxy holder will N/A
cease to hold
voting rights:
----------------------------------------------------------------- ---------------------------------
13. Additional information:
----------------------------------------- ---------------------------------------------------------
14. Contact name: Karen Huxley
----------------------------------------- ---------------------------------------------------------
15. Contact telephone number: 020 7506 5643
----------------------------------------- ---------------------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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