Electric Word PLC Holding(s) in Company (6147J)

TIDMELE
RNS Number : 6147J
Electric Word PLC
08 April 2015
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 1. Identity of the issuer or                                          Electric Word plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------  --------------------------- 
 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)                                                    NIGEL WRAY 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------- 
 4. Full name of shareholder(s)                                PERSHING NOMINEES LIMITED 
  (if different from 3.):(iv)                                       ROY NOMINEES LIMITED 
-----------------------------------------------------------  --------------------------- 
 5. Date of the transaction                                                 7 April 2015 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------- 
 6. Date on which issuer                                                    8 April 2015 
  notified: 
-----------------------------------------------------------  --------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached: (vi, vii)                                                                 18% 
-----------------------------------------------------------  --------------------------- 
 
 
 
 8. Notified details: 
---------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
---------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous        Resulting situation after the 
  of              to the triggering         triggering transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  ------------------------  ---------------------------------------------------------- 
                 Number       Number       Number       Number of                 % of voting 
                  of           of           of shares    voting                    rights (x) 
                  Shares       Voting                    rights 
                               Rights 
--------------  -----------  -----------  -----------  ------------------------  ------------------- 
                                           Direct       Direct       Indirect     Direct    Indirect 
                                                         (xi)         (xii) 
--------------  -----------  -----------  -----------  -----------  -----------  --------  --------- 
 ORDINARY 
  SHARES         69,302,269   69,302,269   55,328,739   55,328,739   18,423,530   13.57%    4.52% 
                -----------  -----------  -----------  -----------  -----------  --------  --------- 
 GB0003083622 
--------------  -----------  -----------  -----------  -----------  -----------  --------  --------- 
 
 B: Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------- 
 Type of         Expiration   Exercise/                 Number of voting          % of voting 
 financial        date         Conversion                rights that               rights 
 instrument       (xiii)       Period (xiv)              may be 
                                                         acquired if 
                                                         the 
                                                         instrument 
                                                         is 
                                                         exercised/ 
                                                         converted. 
--------------  -----------  ------------------------  ------------------------  ------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
---------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------------- 
 Type of         Exercise     Expiration   Exercise/    Number of voting          % of voting 
 financial        price       date         Conversion    rights instrument         rights (xix, 
 instrument                   (xvii)       period        refers to                 xx) 
                                           (xviii) 
--------------  -----------  -----------  -----------  ------------------------  ------------------- 
                                                                                  Nominal   Delta 
--------------  -----------  -----------  -----------  ------------------------  --------  --------- 
 
 
 Total (A+B+C) 
---------------------------------------------------------------------------------------------------- 
 Number of voting rights                   Percentage of voting rights 
----------------------------------------  ---------------------------------------------------------- 
               73,752,269 
        The percentage increase is 
         based on an accumulation 
        of purchases over a period 
                 of time.                  18.09% 
----------------------------------------  ---------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------------------- 
 
   Nigel Wray has a beneficial interest in shares in Electric 
   Word Plc held by the following nominees 
 
   Pershing Nominees Limited 55,328,739 
 
   The family of Nigel Wray maintain a beneficial interest 
   in the shares held by Roy Nominees Limited 18,423,530 
 
 Proxy Voting: 
----------------------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                             N/A 
--------------------------------------------------------  ------------------------------------- 
 11. Number of voting rights proxy                                         N/A 
  holder will cease 
  to hold: 
--------------------------------------------------------  ------------------------------------- 
 12. Date on which proxy holder will                                       N/A 
  cease to hold 
  voting rights: 
--------------------------------------------------------  ------------------------------------- 
 
 
  13. Additional information:                                        Figures are based on total 
                                                            number of voting rights 407,590,795 
--------------------------------------------------------  ------------------------------------- 
 14. Contact name:                                                                   Nigel Wray 
--------------------------------------------------------  ------------------------------------- 
 15. Contact telephone number:                                                    020 7647 7647 
--------------------------------------------------------  -------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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