18 Dec 2012 13:50
18 December 2012
Nasstar plc
("Nasstar" or the "Company")
Holdings in Company
Nasstar plc (AIM: NASA), the hosted desktop cloud service provider, has today received notification from Legal & General Group plc that it has a total direct and indirect interest in 6,150,000 ordinary shares of 1p each in the Company, equivalent to 9.96% of Nasstar's total issued share capital. The full notification is provided below.
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached:
| Nasstar Plc | |||
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 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):
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3. Full name of person(s) subject to thenotification obligation: | Legal & General Group Plc (Group)
Legal & General Investment Management Limited (LGIM)
Legal & General Group Plc (L&G) | |||
4. Full name of shareholder(s) (if different from 3.): | Legal & General Assurance Society Limited (LGAS & LGPL) | |||
5. Date of the transaction and date onwhich the threshold is crossed orreached:
| 17 December 2012 | |||
6. Date on which issuer notified: | 18 December 2012 | |||
7. Threshold(s) that is/are crossed orreached:
| Group (Above 5%)
LGIM (Above 5%)
L&G (Above 3%) | |||
8. Notified details:
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A: Voting rights attached to shares | |||||||||||||
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 | |||||||||
Direct | Indirect | Direct | Indirect | ||||||||||
Ordinary GBP 0.01 | Below 3% L&G
(As on First notification under DTR Source Book) | 6,150,000 | 6,150,000 | 9.96% | |||||||||
Below 5% LGIM
(As on First notification under DTR Source Book) | |||||||||||||
B: Qualifying Financial Instruments | |||||||||||||
Resulting situation after the triggering transaction | |||||||||||||
Type of financialinstrument |
Expirationdate |
Exercise/Conversion Period | Number of votingrights that may beacquired if theinstrument isexercised/ converted. |
% of votingrights | |||||||||
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | |||||||||||||
Resulting situation after the triggering transaction | |||||||||||||
Type of financialinstrument
|
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 | ||||||||||||
6,150,000 (L&G)
| 9.96% | ||||||||||||
6,150,000 (LGIM) | 9.96% | ||||||||||||
9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | ||||||||||||||||||||||||||
| ||||||||||||||||||||||||||
Proxy Voting: | ||||||||||||||||||||||||||
10. Name of the proxy holder: | N/A | |||||||||||||||||||||||||
11. Number of voting rights proxy holder will ceaseto hold: | N/A | |||||||||||||||||||||||||
12. Date on which proxy holder will cease to holdvoting rights: | N/A | |||||||||||||||||||||||||
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13. Additional information: | Notification using the total voting rights figure of 61,760,053 | |||||||||||||||||||||||||
14. Contact name: | Angela Hayter (LGIM) | |||||||||||||||||||||||||
15. Contact telephone number: | 020 3124 3851 | |||||||||||||||||||||||||