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BYTES TECHNOLOGY GROUP PLC - TR-1: Standard form for notification of major holdings

Release Date: 14/01/2021 09:00
Code(s): BYI     PDF:  
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TR-1: Standard form for notification of major holdings

Bytes Technology Group plc
(Incorporated in the England & Wales
(Registered number: 12935776)
LEI: 213800LA4DZLFBAC9O33
Share code: BYI
ISIN: GB00BMH18Q19
("Bytes Technology Group plc" or “the Company”)

TR-1: Standard 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 underlying issuer of existing                Bytes Technology Group PLC
    shares 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

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                                                                       Coronation Asset Management (Pty)
                                                                               Ltd acting as discretionary investment
                                                                               manager on behalf of managed port-
                                                                               folios.
    City and country of registered office (if applicable)                      Cape Town, South Africa

4.  Full name of shareholder(s) (if different from 3.)v
    Name                                                                       N/A
    City and country of registered office (if applicable)

5.  Date on which the threshold was crossed or reached(vi):                    11-01-2021

6.  Date on which issuer notified (DD/MM/YYYY):                                13-01-2021

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 of
                                            (total of 8. A)      instruments                               issuer(vii)                                                                                                        
                                                                 (total of 8.B 1 +
                                                                  8.B 2)
    Resulting situation on the date on      10.24                                       10.24               239 482 333,00
    which threshold was crossed or
    reached
    Position of previous notification (if   11.46                                       11.46
    applicable)

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(ix)                          % of voting rights
shares
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) (DTR5.1)    2004/109/EC)                2004/109/EC) (DTR5.1)    2004/109/EC)
                                                     (DTR5.2.1)                                           (DTR5.2.1)
GB00BDCXV269                24 534 642                                           10.24                    -

SUBTOTAL 8. A               24 534 642                                           10.24

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 rights      % of voting rights
instrument               date x           Conversion Period xi            that may 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 financial      Expiration         Exercise/              Physical or           Number of       % of voting rights
instrument             date x             Conversion             cash                  voting rights
                                          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 and/or the                                           X
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             % of voting rights           Total of both if it
                                                rights if it equals     through financial            equals or is higher
                                                or is higher than       instruments if it            than the notifiable
                                                the notifiable          equals or is higher          threshold
                                                threshold               than the notifiable
                                                                        threshold
Coronation Fund Managers Ltd
Coronation Investment Management
SA (Pty) Ltd
Coronation Asset Management (Pty)               10.24                                                10.24
Ltd

10. In case of proxy voting, please identify:
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(xvi)

Place of completion             Cape Town, South Africa
Date of completion              13 January 2021

The Company has a primary listing on the Main Market of the London Stock Exchange and a secondary
listing on the Johannesburg Stock Exchange.

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 14-01-2021 09:00:00
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