SYSGROUP PLC — Major Shareholding Notification 2016

Jul 11, 2016

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RNS Number : 8216D

SysGroup PLC

11 July 2016

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			Daily Internet plc / SysGroup 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				No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments				No
An event changing the breakdown of voting rights				Yes
Other (please specify): See box 13				N/a
3. Full name of person(s) subject to the notification obligation: iii		Livingbridge VC LLP
4. Full name of shareholder(s) (if different from 3.):iv		Baronsmead Venture Trust plc - 9.35% Baronsmead Second Venture Trust plc - 9.35% Baronsmead VCT 5 plc - 2.08%
5. Date of the transaction and date on which the threshold is crossed or reached: v		06/07/2016
6. Date on which issuer notified:		11/07/2016
7. Threshold(s) that is/are crossed or reached: vi, vii		18.32% in Daily Internet plc to 20.78% in SysGroup plc

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 hares			Number of Voting Rights				Number of shares		Number of voting rights			% of  voting rights x
Direct		Direct xi		Indirect xii	Direct		Indirect
GB00B1Z8BM45 (now GB00BYT18182)	93,495,489				18.32%							4,603,700			20.78%
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
														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
													Nominal			Delta
Total (A+B+C)
Number of voting rights									Percentage of voting rights
4,603,700									20.78%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Livingbridge VC LLP Baronsmead Venture Trust plc - 9.35% Baronsmead Second Venture Trust plc - 9.35% Baronsmead VCT 5 plc - 2.08% Registered in the name of Chase Nominees Ltd
Proxy Voting:
10. Name of the proxy holder:												Livingbridge VC LLP
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:									Karen Huxley
15. Contact telephone number:									020 7506 5643

This information is provided by RNS

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