SOURCE: NetDimensions (Holdings) Limited

March 29, 2017 14:01 ET

NetDimensions (Holdings) Limited: Holding(s) in Company

HONG KONG, CHINA--(Marketwired - Mar 29, 2017) - NetDimensions (Holdings) Limited (AIM: NETD) (OTCQX: NETDY)

     
AIM: NETD; OTCQX: NETDY    
     
 
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
  NetDimensions (Holdings) Ltd
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
  City Financial Investment Company Limited, acting as Investment Manager and Authorised Corporate Director of the City Financial Absolute Equity Fund
4. Full name of shareholder(s)
 (if different from 3.):iv
  BNY Mellon Trust and Depositary as Trustee to the City Financial Absolute Equity Fund
5. Date of the transaction and date on
which the threshold is crossed or
reached:
v
  21 March 2017
6. Date on which issuer notified:   28 March 2017
7. Threshold(s) that is/are crossed or
reached:
vi, vii
  5%
     
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   Direct xi   Indirect xii   Direct   Indirect

KYG6427F1019
  2,630,500 2,630,500   0   0       0%    
   
 
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
0   0%
                           
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 cease
to hold:
  N/A
12. Date on which proxy holder will cease to hold
voting rights:
  N/A
 

13. Additional information:
   
14. Contact name:   Ben Ellenbogen
15. Contact telephone number:   020 7451 9600
     

Contact Information