Holding(s) in Company (0934Z)

TIDMQDG
RNS Number : 0934Z
Quadnetics Group PLC
09 March 2012
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
 1. Identity of the issuer or the underlying        QUADNETICS GROUP 
  issuer of existing shares to which voting 
  rights are attached: 
-------------------------------------------------  ---------------------------- 
 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 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          Ignis Investment Services Limited 
  to the notification obligation: 
---------------------------------------  -------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
---------------------------------------  -------------------------------------- 
 5. Date of the transaction and                        08/03/2012 
  date on which the threshold is 
  crossed or reached if different: 
---------------------------------------  -------------------------------------- 
 6. Date on which issuer notified:                     09/03/2012 
---------------------------------------  -------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or reached:                                              8% 
---------------------------------------  -------------------------------------- 
 
 
 
 8.Notified details: Nominee holdings 
-------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
-------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous          Resulting situation after the triggering 
  of              to the triggering           transaction 
  shares          transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
--------------  --------------------------  ------------------------------------------------------ 
                 Number        Number        Number        Number of voting      % of voting 
                  of Shares     of Voting     of shares     rights                rights 
                                Rights 
                                (viii) 
--------------  ------------  ------------  ------------  --------------------  ------------------ 
                                             Direct        Direct    Indirect    Direct   Indirect 
--------------  ------------  ------------  ------------  --------  ----------  -------  --------- 
 GB0007156838                                                        1,408,424            8.02% 
------------------------------------------------------------------  ----------  -------  --------- 
 
 
 B: Financial Instruments 
------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction (xii) 
------------------------------------------------------------------------------------------------------------- 
 Type of financial      Expiration        Exercise/ Conversion            Number of voting        % of voting 
  instrument             date              Period/ Date                    rights that may         rights 
                                                                           be acquired if 
                                                                           the instrument 
                                                                           is exercised/ 
                                                                           converted. 
---------------------  ----------------  ------------------------------  ----------------------  ------------ 
 
 C: Financial Instruments with similar economic effect to Qualifying 
  Financial Instruments 
------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise      Expiration       Exercise/       Number of voting       % of voting rights 
  financial        price         Date             Conversion      rights instrument 
  instrument                                      period          refers to 
---------------  ------------  ---------------  --------------  ---------------------  ---------------------- 
                                                                                        Nominal      Delta 
---------------  ------------  ---------------  --------------  ---------------------  --------  ------------ 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  ----------------------------------------------- 
 1,408,424.00                                                  8.02% 
------------------------------------------------------------  ----------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting 
  rights and/or the financial instruments are effectively held, 
  if applicable: 
--------------------------------------------------------------- 
 
  Vidacos Nominees Ltd (1,408,424.00 8.02%) 
 
  Phoenix Group Holdings 
  Impala Holdings Limited 
  Ignis Asset management Ltd 
  Ignis Investment Services Ltd (indirect) 
--------------------------------------------------------------- 
 
 
 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:      Percentage calculation based on Issued 
                                   Share Capital of 17,569,744 
-------------------------------  --------------------------------------- 
 14. Contact name:                    Stuart Caldwell 
-------------------------------  --------------------------------------- 
 15. Contact telephone number:        0141 222 8158 
-------------------------------  ---------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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