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Holding(s) in Company

15 Jan 2014 08:05

RNS Number : 6868X
Nasstar PLC
15 January 2014
 



Nasstar plc

("Nasstar" or the "Company")

 

Holdings in Company

 

Nasstar plc (AIM: NASA), the hosted desktop cloud service provider, has received notification from Legal and General Group Plc that it has a total direct and indirect interest in 24,150,000 ordinary shares of 1p each in the Company, equivalent to 6.83% of Nasstar's total issued share capital. The full notification is provided below.

 

TR-1: NOTIFICATION OF 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

 

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

Yes

Other (please specify):

 

3. Full name of person(s) subject to thenotification obligation:

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:

 

10 January 2014

6. Date on which issuer notified:

14 January 2014

7. Threshold(s) that is/are crossed orreached:

 

L&G (From 9% to 6%)

 

8. Notified details:

 

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

 6,150,000

 

(As on 18/12/2012 when total voting rights figure was 61,760,053)

 24,150,000

 24,150,000

6.83%

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

 

24,150,000

 

 

6.83%

 

 

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable:

 

Legal & General Group Plc (Direct and Indirect) (Group) ( 24,150,000 -6.83%= Total Position)

Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) ( 24,150,000 -6.83%= Total Position)

Legal & General Investment Management Limited (Indirect) (LGIM) ( 24,150,000 -6.83%= Total Position)

Legal & General Group Plc (Direct) (L&G) ( 24,150,000 - 6.83%=LGAS, LGPL & PMC)

Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD)

Legal & General Insurance Holdings Limited (Direct) (LGIH) ( 24,150,000 -6.83%= LGAS & LGPL)

Legal & General Assurance (Pensions Management) Limited (PMC)

Legal & General Assurance Society Limited (LGAS & LGPL) ( 24,150,000 -6.83%= LGAS & LGPL)

Legal & General Pensions Limited (Direct) (LGPL)

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

13. Additional information:

Notification using the total voting rights figure of 353,660,053

14. Contact name:

Angela Hayter (LGIM)

15. Contact telephone number:

020 3124 3851

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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