3 Nov 2017 15:48
BOS GLOBAL Holdings Limited
ACN 009 087 852
AIM Release
3 November 2017
Substantial Shareholder Dealing
BOS GLOBAL Holdings Limited ("BOS GLOBAL" or "the Company") (AIM: BOS), the cloud based software developer focused on harnessing technology to enable organisations to transform their operations through a more engaged workforce, has today received the following notification of the disposal of 9,167,506 ordinary shares in BOS GLOBAL ("BOS Shares") on 1 November 2017 in on-market transactions from entities associated with Mr Michael Travia (the "Travia Entities"), a Substantial Shareholder.
This transaction reduces the Travia Entities holding to 13,937,349 BOS Shares, representing 17.5% of the total BOS Shares on issue.
This announcement contains inside information for the purpose of Article 7 of the Market Abuse
Regulation (EU) No. 596/2014.
**ENDS**
For further information please visit www.bosglobal.com or contact:
Adam Webb Non-Executive Director David Ireland Chairman | BOS GLOBAL Holdings Limited | Tel: +44 (0) 7825 443319
Tel: +61 (0)8 9322 4071
|
Andrew Thomson NOMAD | RFC Ambrian Limited | Tel: +61 (0) 8 9480 2500 |
Charles Goodfellow / Lucy Williams Broker | Peterhouse Corporate Finance Limited | Tel: +44 (0) 20 7220 9791 |
Megan Dennison / Charlotte Page Financial PR | St Brides Partners Ltd | Tel: +44 (0) 20 7236 1177 |
Notes
BOS GLOBAL is a London listed (AIM:BOS), cloud based software developer with a suite of products that enable organisations to transform their operations through improving workforce engagement. The 'flagship product, BOS 360 Work Patterns, incorporates patented technology that uses workforce analytics to render real time views of worker activities as Work Patterns. BOS has a proven, globally experienced team that has historical success designing, building, marketing, selling and supporting enterprise technology solutions and is building a partnership network across the globe to grow the business.
The Company also has a 40% interest in Call Design Pty Ltd, a profitable, Australian based, global provider of workforce optimisation tools, focused particularly on call centre services. Call Design has a significant multi-sector client base, which includes all four of Australia's major banks, leading international telecommunications companies, blue chip insurers and governmental bodies, with a current operational reach spanning 26 countries. This is a highly synergistic investment provides multiple cross-selling opportunities in line with BOS GLOBAL's strategy to deliver a comprehensive business optimisation offering globally.
To: BOS GLOBAL Holdings Limited mwylie@bosglobal.com
AIM Symbol: BOS
Date: 3rd November 2017
TR-1: Standard form for notification of major holdings
NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i | ||||||
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: | BOS GLOBAL Holdings Limited | |||||
1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate) | ||||||
Non-UK issuer | X | |||||
2. Reason for the notification (please mark the appropriate box or boxes with an "X") | ||||||
An acquisition or disposal of voting rights | X | |||||
An acquisition or disposal of financial instruments | ||||||
An event changing the breakdown of voting rights | ||||||
Other (please specify)iii: | ||||||
3. Details of person subject to the notification obligationiv | ||||||
Name | Michael Claude Travia | |||||
City and country of registered office (if applicable) | ||||||
4. Full name of shareholder(s) (if different from 3.)v | ||||||
Name | DJ Family Group Pty Ltd ATF DJ Family Trust (ACN 169 463 996) | |||||
City and country of registered office (if applicable) | Melbourne, Australia | |||||
5. Date on which the threshold was crossed or reachedvi: | 1/11/17 | |||||
6. Date on which issuer notified (DD/MM/YYYY): | 3/11/17 | |||||
7. Total positions of person(s) subject to the notification obligation | ||||||
% of voting rights attached to shares (total of 8. A) | % of voting rights through financial instruments(total of 8.B 1 + 8.B 2) | Total of both in % (8.A + 8.B) | Total number of voting rights of issuervii | |||
Resulting situation on the date on which threshold was crossed or reached | 7,488,345 | 9.4% | 17.5% | |||
Position of previous notification (if applicable) | 16,705,851 | 21.01% | ||||
8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii | |||||||||
A: Voting rights attached to shares | |||||||||
Class/type ofshares ISIN code (if possible) | Number of voting rightsix | % of voting rights | |||||||
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | Direct (Art 9 of Directive 2004/109/EC) (DTR5.1) | Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1) | ||||||
AU000XINEAC2 | 13,937,349 | 17.5% | |||||||
SUBTOTAL 8. A | |||||||||
| |||||||||
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a)) | |||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Periodxi | Number of voting rights that may be acquired if the instrument is exercised/converted. | % of voting rights | |||||
Options | 30/9/18 | £0.20 | 3,727,444 | 4.47% | |||||
SUBTOTAL 8. B 1 | |||||||||
| |||||||||
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) | |||||||||
Type of financial instrument | Expirationdatex | Exercise/Conversion Period xi | Physical or cash settlementxii | Number of voting rights | % of voting rights | ||||
SUBTOTAL 8.B.2 | |||||||||
9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X") | ||||
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii | ||||
Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary) | X | |||
Namexv | % of voting rights if it equals or is higher than the notifiable threshold | % of voting rights through financial instruments if it equals or is higher than the notifiable threshold | Total of both if it equals or is higher than the notifiable threshold | |
DJ Family Group Pty Ltd ATF DJ Family Trust | 9.4% | |||
Innovation Corporation Limited | 7.9% | |||
Travia Superannuation Fund | 0.2% | |||
10. In case of proxy voting, please identify: | ||||
Name of the proxy holder | ||||
The number and % of voting rights held | ||||
The date until which the voting rights will be held | ||||
11. Additional informationxvi | ||||
On-market share sales. Due to administrative oversight, the previously advised transfers of 28,635,851 shares from DJ Family Group Pty Ltd to Innovation Corporation Limited and subsequent transfer of 10,000,000 shares from Innovation Corporation Limited to DJ3 Silicon Valley Growth Inc did not complete. | ||||
Place of completion | Melbourne, Australia |
Date of completion | 1st November 2017 |