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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 of              Bytes Technology Group PLC
existing 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                      21-12-2020
   reached vi:

6. Date on which issuer notified (DD/MM/YYYY):                     23-12-2020

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        14,64%                                           14,64%               239 482 333,00
   on the date on which
   threshold was
   crossed or reached

                                                                                                                     
   Position of previous       N/A                                               N/A
   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)          2004/109/EC)                2004/109/EC) (DTR5.1)     2004/109/EC)
                            (DTR5.1)              (DTR5.2.1)                                             (DTR5.2.1)
GB00BDCXV269                35 059 842,00                                      14,64%                    -

SUBTOTAL 8. A               35 059 842,00                                                         14,64%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

                                                                         Number of voting rights
Type of financial         Expiration     Exercise/                       that may be acquired if       % of voting rights                                                                                                    
instrument                date x         Conversion Period xi            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
instrument           date x         Conversion       cash settlement xii     voting rights     % of 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 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
   financial instruments are effectively held starting with the ultimate controlling natural person or legal entity xiv     X
   (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         notifiable threshold
                                                                 or is higher than the 
                                                                 notifiable threshold
 Coronation Fund Managers
 Ltd
 Coronation Investment
 Management SA (Pty) Ltd
 Coronation Asset                 14,64%                                                          14,64%
 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           23 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: 23-12-2020 03:00:00
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