Regulatory Story
Go to market news section View chart   Print
Company Pinnacle Technology Group PLC
TIDM PINN
Headline

Holding(s) in Company

Released 16:24 12-Feb-2013
Number 7368X16

RNS Number : 7368X
Pinnacle Technology Group PLC
12 February 2013
 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii

Pinnacle Technology Group PLC

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

X

Other (please specify):



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

Herald Investment Management Limited

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

Discretionary investment management clients of Herald Investment Management Limited

5. Date of the transaction and date on
which the threshold is crossed or
reached:
v

On placing of 883,333,333 ord. shares on AIM, expected to take place 11th February 2013

6. Date on which issuer notified:

7th February 2013

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

5%



 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Indirect

Direct xi

Indirect xii

Direct

Indirect

GB00B04C8N02

    

None

 

None

     166,666,667


    

166,666,667

    

 

    

5.22%



B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights

None   




Nil


C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 

None 




 

 

Nominal

Delta

Nil



Total (A+B+C)

Number of voting rights

Percentage of voting rights

    

166,666,667

    

5.22%



 

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

 

N/A

 


Proxy Voting:

10. Name of the proxy holder:

     N/A

11. Number of voting rights proxy holder will cease
to hold:

     N/A

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

     N/A



13. Additional information:



14. Contact name:

     Andrew Miller CFO

15. Contact telephone number:

     020 7553 6308

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLGGUPPPUPWGQP
Close
London Stock Exchange plc is not responsible for and does not check content on this Website. Website users are responsible for checking content. Any news item (including any prospectus) which is addressed solely to the persons and countries specified therein should not be relied upon other than by such persons and/or outside the specified countries. Terms and conditions, including restrictions on use and distribution apply.

Holding(s) in Company - RNS