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Holding(s) in Company

25 Jul 2014 14:00

RNS Number : 3762N
Nasstar PLC
25 July 2014
 

Nasstar plc

("Nasstar" or the "Company")

 

Holdings in Company

 

Nasstar plc (AIM: NASA), the hosted desktop cloud service provider, has received notification from Hargreave Hale Limited that it has a total direct and indirect interest in 43,116,829 ordinary shares of 1p each in the Company, equivalent to 11.77% 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

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

ü

Other (please specify):

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

HARGREAVE HALE LIMITED

4. Full name of shareholder(s)  (if different from 3.):iv

DISCRETIONARY CLIENTS

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

24 JULY 2014

6. Date on which issuer notified:

25 JULY 2014

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

12%

 

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

Indirect

Direct xi

Indirect xii

Direct

Indirect

GB00B0T1S097

43,116,829

43,116,829

43,116,829

43,116,829

11.7663%

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

 

 

 

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

 

43,116,829

11.7663%

 

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

All of these shares are held in unit trusts operated by Marlborough Fund Managers Ltd for whom Hargreave Hale Ltd manages the portfolio of investments on a discretionary basis.

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

The change in the percentage of shares held is entirely due to the recent issue of shares by Nasstar Plc, which were admitted to AIM on 24/07/2014.

14. Contact name:

David Clueit

15. Contact telephone number:

01253 754739

 

 

 

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