REG - Vela Technologies - Holding(s) in Company <Origin Href="QuoteRef">VELA.L</Origin>
RNS Number : 5296SVela Technologies PLC21 December 2016
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:Vela Technologies 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
Other (please specify):
Change in Ownership of Shareholder
X
3. Full name of person(s) subject to the
notification obligation:Arthur Leonard Robert Morton (ALRM), Susan Margaret Howard Morton (SMHM), Morton PTC Limited as Trustee of the Morton Family Trust (MFT) and Groundlinks Limited (GL).
4. Full name of shareholder(s)
(if different from 3.):Hawk Investment Holdings Limited
5. Date of the transaction and date on
which the threshold is crossed or
reached:1st - 14th December 2016
6. Date on which issuer notified:
21st December 2016
7. Threshold(s) that is/are crossed or
reached:3% for ALRM only
8. Notified details:
A: Voting rights attached to shares
Class/type of
shares
if possible using
the ISIN CODESituation previous
to the triggering
transactionResulting situation after the triggering transaction
Number
of
SharesNumber
of
Voting
RightsNumber
of sharesNumber of voting
rights% of voting rights
Direct
Direct
Indirect
Direct
Indirect
GB00BYZ9XC29
22,734,382
22,734,382
18,734,700
(MFT)
3,999,682 (GL)
18,734,700
(MFT)
3,999,682 (GL)
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrumentExpiration
dateExercise/
Conversion PeriodNumber 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
Resulting situation after the triggering transaction
Type of financial
instrumentExercise price
Expiration date
Exercise/
Conversion periodNumber of voting rights instrument refers to
% of voting rights
Nominal
Delta
Total (A+B+C)
Number of voting rights
Percentage of voting rights
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:Hawk Investment Holdings Limited (HIHL) continues to hold 18,734,700 Vela Technologies Plc shares representing 2.6% of the voting rights. HIHL's ownership has transferred from ALRM & SMHM to Morton PTC Limited as Trustee of the MFT. The Board of Directors of the Morton PTC is Albany Directors Limited, Mr Robert Walter Morton and Mrs Susan Margaret Howard Morton. The beneficiaries of the Morton Family Trust are Susan Margaret Howard Morton, Andrew Robert Morton, Edward George Morton, Charles Nicholas Morton and Robert Walter Morton.
Groundlinks Limited continues to hold 3,999,682 shares representing 0.6% of the voting rights. The ultimate beneficiary of GL is Andrew Robert Morton.
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:
Albany Trustee Company Limited14. Contact name:
Emma McIntosh
15. Contact telephone number:
01481 724136
This information is provided by RNSThe company news service from the London Stock ExchangeENDHOLPGGCPPUPQGQG
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