BATM Advanced Communications Ltd. - Major Shareholding Notification 2014

National Storage Mechanism | Additional information

RNS Number : 5159Z

BATM Advanced Communications Ld

11 December 2014

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES



1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		BATM Advanced Communications Limited
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
Other (please specify):
3. Full name of person(s) subject to the notification obligation:	Henderson Global Investors
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or reached:	9 December 2014
6. Date on which issuer notified:	10 December 2014
7. Threshold(s) that is/are crossed or reached:	Above 20% (please refer to section 13)


8. Notified details:
A: Voting rights attached to shares
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
Direct		Direct		Indirect	Direct			Indirect
Ordinary	80,256,311			80,256,311							80,645,552			20.00%
IL0010849045

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument			Expiration date		Exercise/ Conversion Period					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
Resulting situation after the triggering transaction
Type of financial instrument		Exercise price		Expiration date		Exercise/ Conversion period			Number of voting rights instrument refers to			% of voting rights
CFD									4,473,758			Nominal			Delta
1.11%

Total (A+B+C)
Number of voting rights								Percentage of voting rights
85,119,310								21.11%


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


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:	This disclosure is due to a increase in the ordinary share holding which has reached the 20% threshold. The combined holding still remains within the 21% threshold level.
14. Contact name:	Scott Dickenson
15. Contact telephone number:	020 7818 4184

This information is provided by RNS

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