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

Release Date: 24/12/2020 12:30
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:                     22-12-2020

6.  Date on which issuer notified (DD/MM/YYYY):                                24-12-2020

7.  Total positions of person(s) subject to the notification obligation

                                         % of voting rights        % of voting rights through   Total of both in   Total number of
                                         attached to shares        financial instruments        % (8.A + 8.B)      voting rights of
                                         (total of 8. A)           (total of 8.B 1 + 8.B 2)                        issuer vii
    Resulting situation on the date on   13,26%                                                 13,26%             239 482 333,00
    which threshold was crossed or
    reached

                                                                                                                       
    Position of previous notification    14,64%                                                 14,64%
    (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 2004/109/EC)   (Art 10 of Directive
                                  2004/109/EC) (DTR5.1)     2004/109/EC) (DTR5.2.1)    (DTR5.1)                            2004/109/EC) (DTR5.2.1)
    GB00BDCXV269                  31 760 086,00                                        13,26%                              -

  
    SUBTOTAL 8. A                 31 760 086,00                                                                  13,26%


    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 that           % of voting rights
    instrument                    date x           Conversion Period xi            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 cash           Number of            % of voting rights
   instrument                    date x            Conversion             settlement xii             voting rights
                                                   Period xi

                                                                          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 an y
    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 it         % of voting rights                       Total of both if it equals
                                       equals or is higher than         through financial                        or is higher than the 
                                       the notifiable threshold         instruments if it equals or is           notifiable threshold
                                                                        higher than the notifiable
                                                                        threshold
    Coronation Fund Managers Ltd                                                                                                                                       
    Coronation Investment
    Management SA (Pty) Ltd
    Coronation Asset Management        13,26%                                                                     13,26%
    (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          24 December 2020

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: 24-12-2020 12:30:00
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