Picture of Cykel AI logo

CYK Cykel AI News Story

0.000.00%
gb flag iconLast trade - 00:00
TechnologyHighly SpeculativeMicro CapSucker Stock

REG - CYKEL AI PLC - Holding(s) in Company

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250226:nRSZ5886Ya&default-theme=true

RNS Number : 5886Y  CYKEL AI PLC  26 February 2025

TR-1: Standard form for notification of major holdings

 

 1a. Identity of the issuer or the underlying issuer of existing shares to                                                                                                                              Cykel AI PLC
 which voting rights are attached (ii):

                                                                                                                                                                                                        LEI: 213800QEO6L6JAS62H02
 1b. Please indicate if the issuer is a non-UK issuer  (please mark with an
 "X" if appropriate)
 Non-UK issuer
 2. Reason for the notification (please mark the appropriate box or boxes with
 an "X")
 An acquisition or disposal of voting rights                                                                                                                                                                                                                                                                                                                           X
 An acquisition or disposal of financial instruments
 An event changing the breakdown of voting rights
 Other (please specify) (iii):
 3. Details of person subject to the notification obligation (iv)
 Name                                                                                                                                                                                                   Dowgate Group Limited
 City and country of registered office (if applicable)                                                                                                                                                  London, UK
 4. Full name of shareholder(s) (if different from 3.) (v)
 Name                                                                                                                                                                                                   Bank of New York Mellon on behalf of Dowgate Capital Limited (Discretionary)
 City and country of registered office (if applicable)
 5. Date on which the threshold was crossed or reached (vi):                                                                                                                                            17-Feb-2025
 6. Date on which issuer notified (DD/MM/YYYY):                                                                                                                                                         19-Feb-2025
 7. Total positions of person(s) subject to the notification obligation
                                                                            % of voting rights attached to shares (total of 8. A)                 % of voting rights through financial instruments      Total of both in % (8.A + 8.B)                                      Total number of voting rights held in issuer (8.A + 8.B) (vii)

(total of 8.B 1 + 8.B 2)
 Resulting situation on the date on which threshold was crossed or reached  14.783100                                                                                                                   14.783100                                                           64,000,000

 Position of previous notification (if                                      22.840226                                                                                                                   22.840226

 applicable)

 8. Notified details of the resulting situation on the date on which the
 threshold was crossed or reached (viii)
 A: Voting rights attached to shares
 Class/type of                                                                               Number of voting rights (ix)                                                                                                % of voting rights

shares

 ISIN code (if possible)
                                                                                                                                 Direct                                                                                  Indirect                                           Direct                                                                                     Ind

                                                                                          ire
                                                                                                                                 (DTR5.1)                                                                                 (DTR5.2.1)                                        (DTR5.1)                                                                                   ct

                                                                                                                                                                                                                                                                                                                                                                       (DT
                                                                                                                                                                                                                                                                                                                                                                       R5.
                                                                                                                                                                                                                                                                                                                                                                       2.1
                                                                                                                                                                                                                                                                                                                                                                       )
 GB00BJ9MHH56                                                                                64,000,000                                                                                                                  14.783100

 SUBTOTAL 8. A                                                                               64,000,000                                                                                                                  14.783100

 B 1: Financial Instruments according to DTR5.3.1R (1) (a)
 Type of financial instrument                                                                Expiration                                           Exercise/                                                              Number of voting rights that may be acquired if the instrument is             % of voting rights

date (x)
Conversion Period (xi)

                                                                                                                                                                                                                         exercised/converted.

                                                                                                                                                  SUBTOTAL 8. B 1

 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R
 (1) (b)
 Type of financial instrument                                                                Expiration                                           Exercise/                                             Physical or cash                                                    Number of voting rights                               % of voting rights

date (x)
Conversion Period (xi)

                                                                                                                                                                                                        Settlement (xii)

                                                                                                                                                                                                        SUBTOTAL 8.B.2

 9. Information in relation to the person subject to the notification
 obligation (please mark the

 applicable box with an "X")
 Person subject to the notification obligation is not controlled by any natural
 person or legal entity and does not control any other undertaking(s) holding
 directly or indirectly an interest in the (underlying) issuer (xiii)
 Full chain of controlled undertakings through which the voting rights and/or                                                                                                                                                                                                                                                     X
 the

financial instruments are effectively held starting with the ultimate
 controlling natural person or legal entity (please add additional rows as
 necessary) (xiv)
 Ultimate controlling person                                                                 Name of controlled undertaking      % of voting rights if it equals or is higher than the notifiable threshold                                      % of voting rights through financial instruments if it equals or is higher       Total of both if it equals or is higher than the notifiable threshold
                                                                                                                                                                                                                                                 than the notifiable threshold
 Dowgate Group Limited                                                                       Dowgate Capital Limited             14.783100

 10. In case of proxy voting, please identify:
 Name of the proxy holder
 The number and % of voting rights held
 The date until which the voting rights will be held

 11. Additional information (xvi)

 Place of completion                                                                                           UK

 Date of completion                                                                                            19-Feb-2025

 

 

 

 

 

 

 

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  HOLSESFMMEISEFE

Recent news on Cykel AI

See all news