30 Mar 2017 11:49
Nasstar plc
("Nasstar" or the "Company")
Holdings in Company
Nasstar plc (AIM: NASA), a provider of hosted managed and cloud computing services, has received notification from Close Brothers Asset Management Limited that it has a total direct and indirect interest in 29,541,019 ordinary shares of 1p each in the Company, equivalent to 5.1% of Nasstar's total issued share capital. The full notification is provided below.
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi | |||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii |
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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 thenotification obligation: iii |
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4. Full name of shareholder(s) (if different from 3.):iv | |||||
5. Date of the transaction and date onwhich the threshold is crossed orreached: v | 29/03/2017 | ||||
6. Date on which issuer notified: | 30/03/2017 | ||||
7. Threshold(s) that is/are crossed orreached: vi, vii | 5% | ||||
8. Notified details: | ||||||||||||||||
A: Voting rights attached to shares viii, ix | ||||||||||||||||
Class/type ofshares if possible usingthe ISIN CODE | Situation previousto the triggeringtransaction | Resulting situation after the triggering transaction | ||||||||||||||
NumberofShares | NumberofVotingRights | Numberof shares | Number of votingrights | % of voting rights x | ||||||||||||
Direct | Direct xi | Indirect xii | Direct | Indirect | ||||||||||||
NASSTAR ORD GBP0.01 - GB00B0T1S097
| 26,877,743 | 26,877,743 | 29,541,019 | 29,541,019 | 5.1% | |||||||||||
B: Qualifying Financial Instruments | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Expirationdate xiii | Exercise/Conversion Period xiv | Number of votingrights that may beacquired if theinstrument isexercised/ converted. | % of votingrights | ||||||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi | ||||||||||||||||
Resulting situation after the triggering transaction | ||||||||||||||||
Type of financialinstrument | Exercise price | Expiration date xvii | Exercise/Conversion period xviii | Number of voting rights instrument refers to
| % of voting rights xix, xx
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| Nominal | Delta | ||||||||||||||
Total (A+B+C) | ||||||||||||||||
Number of voting rights | Percentage of voting rights | |||||||||||||||
29,541,019 | 5.1% | |||||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi | ||
Close Asset Management Limited
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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: | On 29th March 2017, Close Brothers Asset Management bought 2,663,276 shares in Nasstar Ord GBP0.01. This brought our shareholding to 29,541,019 and 5.1% of the shares in issue.
This is based on the shares in issue figure of 579,542,287 as at 30th March 2017.
This is the required notification that the holding has crossed 5% of the shares in issue. | |
14. Contact name: | Ciara Elliott | |
15. Contact telephone number: | 020 7426 4124 | |