Last checked at 23 Sep 2010 13:50
| 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: | Bango Plc |
| 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 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): |
|
|
| 3. Full name of person(s) subject to the notification obligation:
| Herald Investment Management 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:
| 21st September 2010 |
| 6. Date on which issuer notified:
| 23rd September 2010 |
| 7. Threshold(s) that is/are crossed or reached:
| 19%,18%,17% |
| 8. Notified details: | |||||||
| A: Voting rights attached to shares
| |||||||
| Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||
| Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights | |||
| Direct | Direct | Indirect | Direct | Indirect | |||
|
GB00B0BRN552 |
6,853,117 (19.0%) |
6,853,117
|
5,853,117 (16.3%) |
|
6,853,117
|
|
16.3% |
| B: Qualifying Financial Instruments | ||||
| Resulting situation after the triggering transaction
| ||||
| Type of financial instrument | Expiration date | Exercise/ Conversion Period | Number of voting rights that may be acquired if the instrument is exercised/ converted.
| % of voting rights |
|
None |
|
|
|
Nil |
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
| Resulting situation after the triggering transaction
| ||||||
| Type of financial instrument | Exercise price | Expiration date | Exercise/ Conversion period | Number of voting rights instrument refers to | % of voting rights
| |
|
|
|
|
|
| Nominal | Delta
|
|
|
| |||||
| Total (A+B+C)
| |
| Number of voting rights | Percentage of voting rights |
|
5,853,117 |
16.3% |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
|
Herald Investment Management Limited, a discretionary investment manager, is the parent undertaking of an investment management business.
|
| Proxy Voting:
| |
| 10. Name of the proxy holder:
| N/A |
| 11. Number of voting rights proxy holder will cease to hold:
| N/A |
| 12. Date on which proxy holder will cease to hold voting rights:
| N/A |
| 13. Additional information:
|
|
| 14. Contact name:
| Andrew Miller |
| 15. Contact telephone number:
| 020 7553 6308 |