TIDMENET TIDMLGEN

RNS Number : 3627D

Ethernity Networks Ltd

18 February 2020

The below notification was received by the Company on 17 February 2020. It was originally notified to the Company via a mailbox that was not being monitored for Investor communications. Following enquiry by the Company it was subsequently received yesterday.

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible) (i) 
 
 1a. Identity of the issuer or the                                       Ethernity Networks Ltd 
  underlying issuer of existing shares                                     213800LZJO33QBNXU496 
  to which voting rights are attached 
  (ii) : 
                                                             ---------------------------------------------- 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer                                                                                           x 
                                                                                                        --- 
 2. Reason for the notification (please mark the appropriate box or 
  boxes with an "X") 
 An acquisition or disposal of voting rights                                                             x 
                                                                                                        --- 
 An acquisition or disposal of financial instruments 
                                                                                                        --- 
 An event changing the breakdown of voting rights 
                                                                                                        --- 
 Other (please specify)(iii) : 
                                                                                                        --- 
 3. Details of person subject to the notification obligation (iv) 
 Name 
                                                                     Legal & General Group Plc (Group) 
 
                                                                   Legal & General Investment Management 
                                                                              Limited (LGIM) 
 City and country of registered office                                1 Coleman St, London EC2R 5AA 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name 
                                                                     Legal & General Assurance Society 
                                                                                  (LGAS) 
                                                             ---------------------------------------------- 
 City and country of registered office 
  (if applicable) 
                                                             ---------------------------------------------- 
 5. Date on which the threshold was                                         04 September 2018 
  crossed or reached (vi) : 
                                                             ---------------------------------------------- 
 6. Date on which issuer notified (DD/MM/YYYY): 
                                                                             05 September 2018 
                                                             ---------------------------------------------- 
 
   7. Total positions of person(s) subject to the notification obligation 
                              % of voting       % of voting rights      Total of both     Total number 
                            rights attached      through financial        in % (8.A +      of voting 
                            to shares (total        instruments              8.B)          rights of 
                                of 8. A)           (total of 8.B                           issuer (vii) 
                                                     1 + 8.B 2) 
                          ------------------  ----------------------  -----------------  ------------------ 
 Resulting situation 
  on the date 
  on which threshold 
  was crossed 
  or reached                   Below 5%                  -                 Below 5%          32,518,186 
                          ------------------  ----------------------  -----------------  ------------------ 
 Position of 
  previous notification 
  (if 
  applicable)                    5.71%                   -                  5.71% 
                          ------------------  ----------------------  -----------------  ------------------ 
 
 
 
 8. Notified details of the resulting situation on the date on which 
  the threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of        Number of voting rights                                        % of voting rights 
  shares               (ix) 
  ISIN code (if 
  possible) 
                               Direct                         Indirect                       Direct                   Indirect 
                         (Art 9 of Directive            (Art 10 of Directive           (Art 9 of Directive      (Art 10 of Directive 
                             2004/109/EC)                   2004/109/EC)              2004/109/EC) (DTR5.1)         2004/109/EC) 
                               (DTR5.1)                      (DTR5.2.1)                                              (DTR5.2.1) 
                                                 --------------------------------- 
   ORD ILS 0.001                  -                           Below 5%                          -                     Below 5% 
                     --------------------------  ---------------------------------  ------------------------  ----------------------- 
 SUBTOTAL 8. A                                  Below 5%                                                 Below 5% 
                     -------------------------------------------------------------  ------------------------------------------------- 
 
 B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC 
  (DTR5.3.1.1 (a)) 
 Type of financial    Expiration       Exercise/                            Number of voting                   % of voting 
  instrument           date             Conversion Period                    rights that may                    rights 
                       (x)              (xi)                                 be acquired if 
                                                                             the instrument 
                                                                             is 
                                                                             exercised/converted. 
                     ---------------  -----------------------------------  ---------------------------------  ----------------------- 
 
 
 
                                       SUBTOTAL 8. B 1 
                                      -----------------------------------  ---------------------------------  ----------------------- 
 
 B 2: Financial Instruments with similar economic effect according to 
  Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b)) 
 Type of       Expiration              Exercise/               Physical or                 Number of           % of voting 
 financial      date (x)                Conversion              cash                        voting rights       rights 
 instrument                             Period (xi)             settlement 
                                                                (xii) 
              ----------------------  ----------------------  --------------------------  ------------------ 
 
 
 
                                                               SUBTOTAL 8.B.2 
                                                              --------------------------  ------------------ 
 
 9. Information in relation to the person subject to the notification 
  obligation (please mark the 
  applicable box with an "X") 
 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 (xiii) 
 Full chain of controlled undertakings through which the voting rights                                                            x 
  and/or the 
  financial instruments are effectively held starting with the ultimate 
  controlling natural person or legal entity (xiv) (please add additional 
  rows as necessary) 
         Name (xv)                     % of voting rights                    % of voting rights                Total of both if 
                                         if it equals or                      through financial                 it equals or is 
                                        is higher than the                    instruments if it                 higher than the 
                                       notifiable threshold                  equals or is higher             notifiable threshold 
                                                                             than the notifiable 
                                                                                  threshold 
                            ----------------------------------------  --------------------------------  ----------------------------- 
      Legal & General                       Below 5%                                                               Below 5% 
  Group (Direct/Indirect) 
                            ----------------------------------------  --------------------------------  ----------------------------- 
      Legal & General 
   Investment Management                     Below 5%                                                               Below 5% 
     (Holdings) Limited 
     (Direct/Indirect) 
                            ----------------------------------------  --------------------------------  ----------------------------- 
      Legal & General                       Below 3%                                                               Below 3% 
       Group (Direct) 
                            ----------------------------------------  --------------------------------  ----------------------------- 
      Legal & General                       Below 3%                                                               Below 3% 
     Assurance Society 
          (Direct) 
                            ----------------------------------------  --------------------------------  ----------------------------- 
 
      Legal & General                       Below 5%                                                               Below 5% 
  Group (Direct/Indirect) 
                            ----------------------------------------  --------------------------------  ----------------------------- 
      Legal & General 
   Investment Management                     Below 5%                                                                Below 5% 
     (Holdings) Limited 
     (Direct/Indirect) 
                            ----------------------------------------  --------------------------------  ------------------------------- 
      Legal & General                       Below 3%                                                                Below 3% 
       Group (Direct) 
                            ----------------------------------------  --------------------------------  ------------------------------- 
      Legal & General                       Below 3%                                                                Below 3% 
    Assurance (Pensions 
    Management) Limited 
          (Direct) 
                            ----------------------------------------  --------------------------------  ------------------------------- 
 
      Legal & General                       Below 5%                                                                Below 5% 
  Group (Direct/Indirect) 
                            ----------------------------------------  --------------------------------  ------------------------------- 
      Legal & General                       Below 5%                                                                Below 5% 
   Investment Management 
     (Holdings) Limited 
     (Direct/Indirect) 
                            ----------------------------------------  --------------------------------  ------------------------------- 
      Legal & General                       Below 5%                                                                Below 5% 
   Investment Management 
     Limited (Indirect) 
                            ----------------------------------------  --------------------------------  ------------------------------- 
 
      Legal & General                       Below 5%                                                                Below 5% 
  Group (Direct/Indirect) 
                            ----------------------------------------  --------------------------------  ------------------------------- 
      Legal & General                       Below 5%                                                                Below 5% 
   Investment Management 
     (Holdings) Limited 
     (Direct/Indirect) 
                            ----------------------------------------  --------------------------------  ------------------------------- 
      Legal & General                       Below 5%                                                                Below 5% 
   (Unit Trust Managers) 
     Limited (Indirect) 
                            ----------------------------------------  --------------------------------  ------------------------------- 
 
      Legal & General 
  Group (Direct/Indirect)                    Below 5%                                                                Below 5% 
                            ----------------------------------------  --------------------------------  ------------------------------- 
      Legal & General                       Below 5%                                                                Below 5% 
   Investment Management 
     (Holdings) Limited 
     (Direct/Indirect) 
                            ----------------------------------------  --------------------------------  ------------------------------- 
          Go ETF                            Below 5%                                                                Below 5% 
                            ----------------------------------------  --------------------------------  ------------------------------- 
 
 10. In case of proxy voting, please identify: 
 Name of the proxy holder                                                                           N/A 
                                                                      --------------------------------------------------------------- 
 The number and % of voting rights                                                                  N/A 
  held 
                                                                      --------------------------------------------------------------- 
 The date until which the voting rights                                                             N/A 
  will be held 
                                                                      --------------------------------------------------------------- 
 
 11. Additional information (xvie) 
 
                                    Notification using the total voting rights figure of 32,518,186 
 
 
 
 Place of completion   Brunel House, 2 Fitzalan Road, Cardiff, CF24 0EB 
 Date of completion    05/09/2018 
                      ------------------------------------------------- 
 

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END

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February 18, 2020 07:12 ET (12:12 GMT)

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