MICROSAIC SYSTEMS PLC - Major Shareholding Notification 2013

National Storage Mechanism | Additional information

RNS Number : 7132F

Microsaic Systems plc

28 May 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		Microsaic Systems plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights			P
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			P
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 admission of 9,951,443 new ordinary shares to trading on AIM on 28th May, 2013
6. Date on which issuer notified:	10th May, 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
GB00B547ZY09	1,350,000			1,350,000			2,745,348				2,745,348			5.23%


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
2,745,348								5.23%


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

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