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

Release Date: 23/12/2020 15:00
Code(s): BYI     PDF:  
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TR-1: Standard form for notification of major holdings

BYTES TECHNOLOGY GROUP PLC
(Incorporated in England & Wales)
(Registered number: 12935776)
LEI: 213800LA4DZLFBAC9O33
Share code: BYI
ISIN: GB00BMH18Q19
("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                    Bytes Technology Group plc
  of existing shares to which voting rights are
  attached:
  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
  Name                                                      Aggregate of Standard Life Aberdeen plc affiliated
                                                            investment management entities with delegated voting
                                                            rights on behalf of multiple managed portfolios
  City and country of registered office (if applicable)     Edinburgh, Scotland

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

  5. Date on which the threshold was crossed or             21/12/2020
  reached vi:
 
  6. Date on which issuer notified (DD/MM/YYYY):            22/12/2020

  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             6.45                       0.00                        6.45             239,482,333
  on the date on which
  threshold was
  crossed or reached
  Position of previous            5.19                       0.00                        5.19
  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)
     GB00BMH18Q19              N/A                     15,450,169                 N/A                            6.45


     SUBTOTAL 8. A                              15,450,169                                                6.45

     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       through financial                equals or is higher
                                             equals or is       instruments if it equals         than the notifiable
                                             higher than        or is higher than the            threshold
                                             the notifiable     notifiable threshold
                                             threshold
    Standard Life Aberdeen plc
    Standard Life Investments (Holdings)
    Limited
    Standard Life Investments Limited            5.48                                                5.48
    Standard Life Aberdeen plc
    Aberdeen Asset Management PLC
    Aberdeen Asset Managers Limited
    Standard Life Aberdeen plc
    Aberdeen Asset Management PLC
    Aberdeen Standard Investments Inc.

    10. In case of proxy voting, please identify:
    Name of the proxy holder                                        N/A
    The number and % of voting rights held                          N/A
    The date until which the voting rights will be held             N/A

    11. Additional informationx vi

    In reference to section 9, the shares detailed are managed by the named discretionary investment management entity
    within multiple portfolios on behalf of underlying clients, based on investment management agreements whereby the
    client has delegated the exercise of the voting power to the referenced investment manager.

    This disclosure reflects the fact that the voting rights effectively held indirectly by the underlying intermediate holding
    company Standard Life Investments (Holdings) Limited (“SLIHL”) and held by the underlying investment management
    entity Standard Life Investments Limited (“SLIL”) increased above the 5% notifiable threshold due to trading on 21
    December 2020. SLIHL now effectively holds and SLIL holds 5.48% of the delegated voting rights of the shares in
    Bytes Technology Group plc

 Place of completion         Aberdeen, United Kingdom
 Date of completion          22/12/2020

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

 23 December 2020

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

Date: 23-12-2020 03:00:00
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