ADVFN Plc (AFN)

[UserAlias1]

This news just popped up:

TIDMAFN

RNS Number : 2146I

ADVFN PLC

23 March 2015

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) -------------------------------------------------- 1. Identity of the issuer or ADVFN PLC the underlying 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 P ------------------------------------------------------------ ----------------------------- 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) Mr Zack Keinan subject to the Shellhouse Limited notification obligation: Sweet Sky Limited (iii) ----------------------------------------------------------- ------------------------------ 4. Full name of shareholder(s) (if different from 3.):(iv) ----------------------------------------------------------- ------------------------------ 5. Date of the transaction 16(th) and 19(th) March 2015 and date on which the threshold is crossed or reached: (v) ----------------------------------------------------------- ------------------------------ 6. Date on which issuer 20(th) March 2015 notified: ----------------------------------------------------------- ------------------------------ 7. Threshold(s) that is/are crossed or reached: (vi, vii) 25% ----------------------------------------------------------- ------------------------------ 8. Notified details: ---------------------------------------------------------------------------------------------------------------------- A: Voting rights attached to shares (viii, ix) ---------------------------------------------------------------------------------------------------------------------- Class/type Situation previous Resulting situation after the of to the triggering triggering transaction shares transaction if possible using the ISIN CODE ----------- ---------------------------------- --------------------------------------------------------------------- Number Number Number Number of % of voting of of of shares voting rights (x) Shares Voting rights Rights ----------- ---------------- ---------------- -------------- -------------------------- ------------------------- Direct Direct Indirect Direct Indirect (xi) (xii) ----------- ------------ ------------ -------------- ------------ ------------ ------------ ----------- Ordinary Shares 6,164,442 6,164,442 6,484,442 6,484,442 6,484,442 ---------------- ---------------- -------------- ------------ ------------ ------------ ----------- B: Qualifying Financial Instruments ---------------------------------------------------------------------------------------------------------------------- Resulting situation after the triggering transaction ---------------------------------------------------------------------------------------------------------------------- Type of Expiration Exercise/ Number of voting % of voting financial date Conversion rights that rights instrument (xiii) Period (xiv) may 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 financial price date Conversion rights instrument rights (xix, instrument (xvii) period refers to xx) (xviii) ------------- -------------- -------------- ---------------- ---------------------------- ----------------------- Nominal Delta ------------- -------------- -------------- ---------------- ---------------------------- ------------ --------- Total (A+B+C) ---------------------------------------------------------------------------------------------------------------------- Number of voting rights Percentage of voting rights ------------------------------------------------- ------------------------------------------------------------------- 6,484,442 25.71% ------------------------------------------------- ------------------------------------------------------------------- 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: (xxi) ------------------------------------------------------------------------------------------- The shares in ADVFN plc are held by Bank of New York (Nominees) Limited which is acting as nominee for The Bank of New York Mellon which is in turn acting as custodian on behalf of Sweet Sky Limited (16.52%) and Shellhouse Limited (9.19%). Sweet Sky Limited and Shellhouse Limited are each a controlled undertaking of Zack Keinan. Zack Keinan has no notification obligation other than as a result of being a controller of Sweet Sky Limited and Shellhouse Limited 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: Mr Zack Keinan ---------------------------------------------------------------- ------------------------- 00972 73 2844520 / 00972 15. Contact telephone number: 37 642600 ---------------------------------------------------------------- -------------------------
This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLJJMITMBITBTA