NSI.GB New Star Investment Trust PLC

TIDMRBBS TIDMNSI

RNS Number : 5349W

Rural Broadband Solutions PLC

22 December 2021

Rural Broadband Solutions Plc (the "Company")

Holdings in the Company

Rural Broadband Solutions Plc (AQSE: RBBS) announces that the Company has received the following TR-1 notification from New Star Investment Trust plc, which is set out below.

For further information please contact:

Keith Harris

Executive Chairman

Rural Broadband Solutions Plc

www.ruralbroadbandsolutions.com

info@ruralbroadbandsolutions.com

AQSE Stock Exchange Corporate Adviser

Alfred Henry Corporate Finance Limited

Jon Isaacs

jisaacs@alfredhenry.com

www.alfredhenry.com

Tel: +44 (0) 203 772 0021

AQSE Stock Exchange Corporate Broker

Hybridan LLP

Claire Louise Noyce

claire.noyce@hybridan.com

www.hybridan.com

+44 20 3764 2341

END

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB00B16GQJ90

Issuer Name

RURAL BROADBAND SOLUTIONS PLC

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

New Star Investment Trust plc

City of registered office (if applicable)

Chelmsford

Country of registered office (if applicable)

United Kingdom

4. Details of the shareholder

 
  Name                         City of registered office    Country of registered office 
   BBH - Crest ID CRESTGB22 
                             ===========================  ============================== 
 

5. Date on which the threshold was crossed or reached

17-Dec-2021

6. Date on which Issuer notified

21-Dec-2021

7. Total positions of person(s) subject to the notification obligation

 
                          % of voting rights      % of voting rights      Total of both in %      Total number of 
                          attached to shares      through financial       (8.A + 8.B)             voting rights held 
                          (total of 8.A)          instruments (total                              in issuer 
                                                  of 8.B 1 + 8.B 2) 
   Resulting situation 
    on the date on 
    which threshold 
    was crossed or 
    reached                11.130000               0.000000                11.130000               40266667 
                        ======================  ======================  ======================  ====================== 
   Position of 
    previous 
    notification (if 
    applicable) 
                        ======================  ======================  ======================  ====================== 
 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

 
Class/Type of shares    Number of direct        Number of indirect      % of direct voting      % of indirect voting 
ISIN code(if possible)  voting rights (DTR5.1)  voting rights           rights (DTR5.1)         rights (DTR5.2.1) 
                                                (DTR5.2.1) 
Ordinary 1p                40266667                                        11.130000 
                        ======================  ======================  ======================  ====================== 
Sub Total 8.A              40266667                                        11.130000% 
                        ==============================================  ============================================== 
 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

 
Type of financial           Expiration date  Exercise/conversion period  Number of voting rights    % of voting rights 
instrument                                                               that may be acquired if 
                                                                         the instrument is 
                                                                         exercised/converted 
 
Sub Total 8.B1 
                            ===========================================  =========================  ================== 
 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

 
Type of financial   Expiration date  Exercise/conversion  Physical or cash     Number of voting     % of voting rights 
instrument                           period               settlement           rights 
 
Sub Total 8.B2 
                    =========================================================  ===================  ================== 
 

9. Information in relation to the person subject to the notification obligation

1. 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.

 
Ultimate controlling    Name of controlled      % of voting rights if   % of voting rights      Total of both if it 
person                  undertaking             it equals or is higher  through financial       equals or is higher 
                                                than the notifiable     instruments if it       than the notifiable 
                                                threshold               equals or is higher     threshold 
                                                                        than the notifiable 
                                                                        threshold 
 
 

10. In case of proxy voting

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

12. Date of Completion

13. Place Of Completion

Chelmsford, UK

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END

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(END) Dow Jones Newswires

December 22, 2021 10:16 ET (15:16 GMT)