TIDMPRO

RNS Number : 6709T

Progressive Digital Media Group PLC

07 October 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or the underlying          Progressive Digital Media Group 
  issuer                                                            PLC 
  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                                      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): 
-------------------  --------------------------------------------------------  ------- 
 3. Full name of person(s) subject                LIONTRUST INVESTMENT PARTNERS LLP 
  to the 
  notification obligation: (iii) 
--------------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s)                                  N/A 
  (if different from 3.):(iv) 
--------------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date                         06/10/2014 
  on 
  which the threshold is crossed 
  or 
  reached: (v) 
--------------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                           07/10/2014 
--------------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                            12 % 
--------------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type      Situation previous                   Resulting situation after the triggering 
 of               to the triggering                    transaction 
 shares           transaction 
 
 if possible 
 using 
 the ISIN CODE 
--------------  -----------------------------------  --------------------------------------------------------------------- 
                 Number           Number              Number        Number of voting         % of voting rights 
                  of               of                  of shares     rights                   (x) 
                  Shares           Voting 
                                   Rights 
--------------  ---------------  ------------------  ------------  -----------------------  ------------------------------ 
                                                      Direct        Direct        Indirect      Direct       Indirect 
                                                                     (xi)          (xii) 
--------------    ----  -------  ------  -----  ---  ------------  ------------  ---------  --------------  -------------- 
 
 
  GB00B87ZTG26   9,133,539        9,133,539           9,183,539     9,183,539       N/A         12.04 %           N/A 
                ---------------  ------------------  ------------  ------------  ---------  --------------  -------------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of financial       Expiration       Exercise/                      Number of voting              % of voting 
  instrument              date (xiii)      Conversion Period              rights that may               rights 
                                           (xiv)                          be 
                                                                          acquired if the 
                                                                          instrument is 
                                                                          exercised/ converted. 
----------------------  ---------------  -----------------------------  ----------------------------  -------------------- 
          N/A                 N/A                     N/A                            N/A                       N/A 
----------------------  ---------------  -----------------------------  ----------------------------  -------------------- 
 
 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 rights 
 financial          price          date (xvii)    Conversion         rights instrument             (xix, xx) 
 instrument                                       period             refers to 
                                                  (xviii) 
----------------  -------------  -------------  -----------------  ----------------------------  ------------------------- 
       N/A             N/A            N/A              N/A                      N/A               Nominal       Delta 
----------------  -------------  -------------  -----------------  ----------------------------  ------------  ----------- 
                                                                                                      N/A          N/A 
--------------    ----  -------  ------  -----  ---  ----------    ---  -------  ---------  ---  ------------  ----------- 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  --------------------------------------------------------- 
                           9,183,539                                                      12.04 % 
---------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
-------------------------------------------------------------------------------- 
 
                                        N/A 
 
 Proxy Voting: 
-------------------------------------------------------------------------------- 
 10. Name of the proxy holder:                                   N/A 
---------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will                   N/A 
  cease 
  to hold: 
---------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to                    N/A 
  hold 
  voting rights: 
---------------------------------------------------  --------------------------- 
 
 
  13. Additional information: 
----------------------------------------  -------------------------------------- 
 14. Contact name:                                   Elizabeth Collard 
----------------------------------------  -------------------------------------- 
 15. Contact telephone number:                         020 7412 1782 
----------------------------------------  -------------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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