MWB Business Exchange Plc Holding(s) in Company (0482T)

TIDMMBE TIDMMWB
RNS Number : 0482T
MWB Business Exchange Plc
07 December 2012
 
 
          TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
          -------------------------------------------------- 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying                 MWB Business Exchange PLC 
  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) subject                          Pyrrho Investments Limited 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                                  05 December 2012 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                                    06 December 2012 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                                               16% 
--------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------- 
 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 rights 
                  of            of                  of shares    rights                    (x) 
                  Shares        Voting 
                                Rights 
--------------  ------------  ------------------  -----------  ------------------------  --------------------------- 
                                                   Direct       Direct         Indirect   Direct          Indirect 
                                                                 (xi)           (xii) 
--------------  ---  -------  ------  -----  ---  -----------  -------------  ---------  --------------  ----------- 
 GB00B0S53N07    3,324,870     3,324,870           10,846,046   10,846,046 
                ------------  ------------------  -----------  -------------  ---------  --------------  ----------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------- 
 Type of financial    Expiration       Exercise/                      Number of voting              % of voting 
  instrument           date (xiii)      Conversion Period              rights that may               rights 
                                        (xiv)                          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 rights 
 financial        price         date (xvii)    Conversion        rights instrument              (xix, xx) 
 instrument                                    period            refers to 
                                               (xviii) 
--------------  ------------  -------------  ----------------  -----------------------------  ---------------------- 
                                                                                               Nominal     Delta 
--------------  ------------  -------------  ----------------  -----------------------------  ----------  ---------- 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                        Percentage of voting rights 
-------------------------------------------------------------  ----------------------------------------------------- 
 Ordinary Shares                                                16.7% 
-------------------------------------------------------------  ----------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------------ 
 
 
 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: 
----------------------------------------  ------------------------------------------ 
 14. Contact name:                           Paul Cummins, Pyrrho Investment Limited 
----------------------------------------  ------------------------------------------ 
 15. Contact telephone number:                                        +852 2376 0686 
----------------------------------------  ------------------------------------------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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