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By LSE RNS

RNS Number : 3642I
Satellite Solutions Wldwide Grp PLC
16 June 2017
 



 




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

Satellite Solutions Worldwide Group 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 the
notification obligation:
iii

Harwood Capital LLP (as investment adviser/manager) and Oryx International Growth Fund Limited and Harwood Capital LLP

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

 

1. Oryx International Growth Fund Limited

 

2. Harwood Capital LLP

 

 

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

15 June 2017

6. Date on which issuer notified:

 16 June 2017

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

Through 1%, 2% 3%, 4%, 5%, 6%,7%, 8%, 9% and 10%



 

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

Direct

Direct xi

Indirect xii

Direct

Indirect

 

GB00BT6SRD21

 

Holder 1

 

 

 

4,500,000

 

0

 

 

 

4,500,000

 

0

 

 

 

 

 

56,250,000

 

750,000

 

 

 

 

 

56,250,000

 

750,000

 

 


 

 

 

10.49%

 

0.14%

 

 

 

 

 

 

 

 

Holder 2

 

 


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







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

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

57,000,000

10.63%



 

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

 

 


Proxy Voting:

10. Name of the proxy holder:


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


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




13. Additional information:


14. Contact name:

Jane Muir

15. Contact telephone number:

0200 8819 6486

 

 

 

 

 

 

 

 

 

 

 

 


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