T42 IOT TRACKING SOLUTIONS PLC — Major Shareholding Notification 2015

May 26, 2015

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 1654O

Starcom PLC

26 May 2015

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			STARCOM PLC
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: iii		MITON GROUP PLC
4. Full name of shareholder(s) (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		03/02/2014
6. Date on which issuer notified:		22/05/2015
7. Threshold(s) that is/are crossed or reached: vi, vii		ABOVE 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
Direct		Direct xi		Indirect xii	Direct			Indirect
JE00B8WSDY21	3,700,000			3,700,000							5,033,333				5.96%
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
5,033,333								5.96%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
DIVERSE INCOME TRUST	3,332,883
CF MITON UK SMALLER COMPANIES	1,700,450
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:		THE ORIGINAL HOLDING OF 3.69% BY THE DIVERSE INCOME TRUST WAS DISCLOSED IN THE COMPANY'S AIM ADMISSION DOCUMENTATION. AT THIS POINT THE AGGREGATED MITON GROUP HOLDING WAS BELOW 5%.  THE SUBSEQUENT ACQUISITIONS MADE ON 04/02/2014 BY THE DIVERSE INCOME TRUST AND CF MITON SMALLER COMPANIES FUND TOOK MITON GROUP'S AGGREGATED HOLDING ABOVE 5%.
14. Contact name:		SIAN CONNOLLY
15. Contact telephone number:		0203 714 1479

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLPKPDNCBKDAPB