TIDMELE

RNS Number : 3147F

Electric Word PLC

20 April 2011

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
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 1. Identity of the issuer or the 
 underlying issuer of existing shares to 
 which voting rights are attached: (ii)      Electric Word Plc 
------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
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 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)                          STEWART WORTH NEWTON 
------------------------------------  ---------------------------------------- 
                                                    SUSSEX TRADING COMPANY LTD 
 4. Full name of shareholder(s)                            SUSSEX RESEARCH LTD 
  (if different from 3.):(iv)                                   STEWART NEWTON 
------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date 
  on 
  which the threshold is crossed or 
  reached: (v)                                                8(th) April 2011 
------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                           11(th) April 2011 
------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                       26% 
------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------------------ 
 Class/type 
 of shares 
 if 
 possible     Situation previous 
 using the     to the triggering                   Resulting situation after the triggering 
 ISIN CODE     transaction                          transaction 
-----------  -----------------------------------  ---------------------------------------------------------------------- 
                               Number 
              Number            of 
               of               Voting             Number         Number of voting           % of voting rights 
               Shares           Rights              of shares      rights                     (x) 
-----------  ---------------  ------------------  -------------  -------------------------  ---------------------------- 
                                                                  Direct        Indirect 
                                                   Direct          (xi)          (xii)       Direct         Indirect 
-----------    ----  -------  ------  -----  ---  -------------  ------------  -----------  -------------  ------------- 
 ORDINARY 
  SHARES      77,623,524       77,623,524          77,723,524     1,020,000     76,703,524   0.34%          25.68% 
             ---------------  ------------------  -------------  ------------  -----------  -------------  ------------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
                                                                        Number of voting 
                                                                         rights that may 
                                                                         be 
                                       Exercise/                         acquired if the 
 Type of financial    Expiration        Conversion Period                instrument is                % of voting 
  instrument           date (xiii)      (xiv)                            exercised/ converted.         rights 
-------------------  ---------------  -------------------------------  ----------------------------  ------------------- 
 N/A 
-------------------  ---------------  -------------------------------  ----------------------------  ------------------- 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
                                              Exercise/ 
 Type of                                       Conversion         Number of voting 
 financial      Exercise       Expiration      period              rights instrument             % of voting rights 
 instrument      price          date (xvii)    (xviii)             refers to                      (xix, xx) 
-------------  -------------  -------------  ------------------  -----------------------------  ------------------------ 
 N/A                                                                                             Nominal       Delta 
-------------  -------------  -------------  ------------------  -----------------------------  ------------  ---------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  --------------------------------------------------------- 
 77,723,524                                                     26.02% 
-------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------ 
 Stewart Worth Newton has a beneficial interest in shares in Electric 
  Word Plc held by Sussex Trading Company Ltd, Sussex Research Ltd and 
  himself. 
 
 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:                                               N/A 
--------------------------------------  -------------------------------------- 
 14. Contact name:                                                  Peter Sahu 
--------------------------------------  -------------------------------------- 
 15. Contact telephone number:                                   020 7961 1608 
--------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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