REG - Xeros Tech Grp plc IP Group PLC - Holding(s) in Company <Origin Href="QuoteRef">IPO.L</Origin> <Origin Href="QuoteRef">XSG.L</Origin>

IPAnnouncement

18/05/2017 07:30

RNS Number : 4814F
Xeros Technology Group plc
18 May 2017
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi


1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:ii
XEROS TECHNOLOGY GROUP PLC
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
X
Other (please specify):


3. Full name of person(s) subject to the
notification obligation:iii
IP Group plc
4. Full name of shareholder(s)
(if different from 3.):iv
See section 9
5. Date of the transaction and date on
which the threshold is crossed or
reached:v
15 May 2017
6. Date on which issuer notified:
16 May 2017
7. Threshold(s) that is/are crossed or
reached: vi, vii
Direct interests: unchanged 
Indirect interests: 7% crossed
Combined direct and indirect interests: 19% crossed


8. Notified details:
A: Voting rights attached to sharesviii, ix
Class/type of
shares

if possible using
the ISIN CODE
Situation previous
to the triggering
transaction
Resulting situation after the triggering transaction
Number
of
Shares
Number
of
Voting
Rights
Number
of shares
Number of voting
rights
% of voting rights x
Direct xi
Indirect xii
Direct
Indirect
Ordinary 0.15p Shares
16,363,058
16,363,058
15,849,106
9,874,240
5,974,866
11.23%
6.80%
GB00BJFLLV84

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument
Expiration
date xiii
Exercise/
Conversion Period xiv
Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.
% of voting
rights






C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi
Resulting situation after the triggering transaction
Type of financial
instrument
Exercise price
Expiration date xvii
Exercise/
Conversion period xviii
Number of voting rights instrument refers to
% of voting rights xix, xx




Nominal
Delta



Total (A+B+C)
Number of voting rights
Percentage of voting rights
15,849,106
18.03%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi
Direct interests:
IP Assist Services Limited: 5,928,000
IP2IPO Limited: 3,946,240
IP Assist Services Limited, formerly known as Techtran Group Limited, is a 100% owned subsidiary of IP Group plc. IP2IPO Limited is a 100% owned subsidiary of IP Group plc. 
Indirect interests:
IP Venture Fund: 4,327,564
Share Nominees Limited: 1,555,303
Reyker Nominees Limited: 91,999
IP Venture Fund is a limited partnership fund that is managed by Top Technology Ventures Limited, a 100% subsidiary of IP Group plc. 
Share Nominees Limited and Reyker Nominees Limited (the "Nominees") are the legal nominees for shares owned by investors in certain Parkwalk Advisors Limited ("Parkwalk") EIS funds. Parkwalk has the discretion to instruct the Nominees to exercise the voting and other rights attaching to such shares. Parkwalk is a 100%-owned subsidiary of IP Group plc following its acquisition on February 1 February 2017.

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:
Based on 87,902,127 Ordinary Shares in issue
9 February 2017 notification based on 86,021,911 Ordinary Shares in issue 
14. Contact name:
Greg Smith
15. Contact telephone number:
020 7444 0050

This information is provided by RNS
The company news service from the London Stock Exchange
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