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

Release Date: 18/01/2021 12:00
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
                                                                                      portfolios.
    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):                           14-01-2021

6.  Date on which issuer notified (DD/MM/YYYY):                                       18-01-2021

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     9.13                                             9.13                   239 482 333,00
    on the date on which
    threshold was
    crossed or reached
    Position of previous    10.24                                            10.24
    notification (if
    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              21 872 432                                          9.13                      -

SUBTOTAL 8. A             21 872 432                                          9.13

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 rights if    % of voting rights through    Total of both if it
                                  it equals or is higher   financial instruments if it   equals or is higher
                                  than the notifiable      equals or is higher than      than the notifiable
                                  threshold                the notifiable threshold      threshold
    Coronation Fund Managers
    Ltd
    Coronation Investment
    Management SA (Pty) Ltd
    Coronation Asset              9.13                                                   9.13
    Management (Pty) 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        18 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: 18-01-2021 12:00:00
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