18 Dec 2012 13:50

18 December 2012
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Nasstar plc
("Nasstar" or the "Company")
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Holdings in Company
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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.
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TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | ||||
1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: Â | 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):  | ||||
3. Full name of person(s) subject to thenotification obligation: | Legal & General Group Plc (Group) Â Legal & General Investment Management Limited (LGIM) Â Legal & General Group Plc (L&G) | |||
4. Full name of shareholder(s) Â (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: Â | Group (Above 5%) Â LGIM (Above 5%) Â L&G (Above 3%) | |||
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8. Notified details: Â | |||||||||||||
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 | Â Numberof shares | Number of votingrights | % of voting rights | |||||||||
Direct | Indirect | Direct | Indirect | ||||||||||
Ordinary GBP 0.01 | Â Below 3% L&G Â (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% | ||||||||||||
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9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: | ||||||||||||||||||||||||||
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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 | |||||||||||||||||||||||||
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