MICROSAIC SYSTEMS PLC

Major Shareholding Notification • Mar 9, 2021

National Storage Mechanism | Additional information

RNS Number : 6885R

Microsaic Systems plc

09 March 2021

9 March 2021

Microsaic Systems PLC

("Microsaic" or "Company")

Change of interests of significant shareholder

Microsaic (LSE:MSYS.L), the micro-engineering, miniaturised chip-based mass spectrometry producer for point-of-need analytical detection, has received a notification of a change in the interests of a significant shareholder. In accordance with AIM Rule 17, the following details are now notified:

On the 8th of March, the Company received a call from Helium Rising Stars Fund, a significant shareholder, to inform of the completion of a reduction of its holding to below 10%. Assurances were received that no further sales are imminent.

In compliance with DTR5, a copy of the notification received from this investor is appended.

Contacts

Microsaic Systems plc	Glenn Tracey, CEO Bevan Metcalf CFO	+44 (0) 1483 751 577
N+1 Singer (Nominated Adviser & Joint Broker)	Aubrey Powell / George Tzimas / Tom Salvesen	+44 (0) 20 7496 3000
Turner Pope Investments (TPI) Limited (Broker)	Andy Thacker/Zoe Alexander	+44 (0) 20 3657 0050

About Microsaic Systems plc (www.microsaic.com)

Microsaic floated on AIM in 2011 to develop and commercialise micro-engineering chip-based mass spectrometry equipment. Having invested c.GBP30m over 20 years of development, Microsaic has a robust and innovative patent portfolio in cutting-edge technology designed and developed for "Industry 4.0" application. Microsaic's system solutions enable analytical detection and characterisation at the point-of-need, whether within a conventional laboratory setting, or within a bioprocessing facility for continuous mass spectrometer detection data at multiple steps in the process workflow.

Microsaic's products and systems are commercially available through global markets via a network of regional and local partners, targeting its core laboratory and bioprocessing markets. Through its new partnership with DeepVerge plc, Microsaic is also targeting markets including waste-water treatment.

TR-1: Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i
1a. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:			Microsaic Systems plc
1b. Please indicate if the issuer is a non-UK issuer  (please mark with an "X" if appropriate)
Non-UK issuer
2. Reason for the notification (please mark the appropriate box or boxes with an "X")
An acquisition or disposal of voting rights						X
An acquisition or disposal of financial instruments
An event changing the breakdown of voting rights
Other (please specify)iii:
3. Details of person subject to the notification obligationiv
Name			Helium Rising Stars Fund
City and country of registered office (if applicable)			Cayman Islands
4. Full name of shareholder(s) (if different from 3.)v
Name
City and country of registered office (if applicable)
5. Date on which the threshold was crossed or reachedvi:			08/03/2021
6. Date on which issuer notified (DD/MM/YYYY):			09/03/2021
7. Total positions of person(s) subject to the notification obligation
	% of voting rights attached to shares (total of 8. A)	% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)		Total of both in % (8.A + 8.B)	Total number of voting rights of issuervii
Resulting situation on the date on which threshold was crossed or reached	9.77%			9.77%	6.076.365.146
Position of previous notification (if applicable)	11.89%			11.89%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)		Number of voting rightsix					% of voting rights
Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)			Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)		Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
GB00B547ZY09		593.500.000					9.77%
SUBTOTAL 8. A		593.500.000					9.77%
B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))
Type of financial instrument		Expiration datex	Exercise/ Conversion Periodxi			Number of voting rights that may be acquired if the instrument is exercised/converted.			% of voting rights
			SUBTOTAL 8. B 1
B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))
Type of financial instrument	Expiration datex		Exercise/ Conversion Period xi		Physical or cash settlementxii			Number of voting rights	% of voting rights
					SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuerxiii				x
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)
Namexv	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
10. In case of proxy voting, please identify:
Name of the proxy holder
The number and % of voting rights held
The date until which the voting rights will be held
11. Additional informationxvi

Place of completion	Zürich, Switzerland
Date of completion	09/03/2021

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