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

Release Date: 25/01/2021 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 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 shares to which          Bytes Technology Group PLC
    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):                                21-01-2021

6. Date on which issuer notified (DD/MM/YYYY):                                            25-01-2021

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     7.54                                                7.54                     239 482 333,00
   date on which threshold was
   crossed or reached
                                                                                                                        
   Position of previous           8.80                                                8.80
   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                  18 052 767                                            7.54                          -

   SUBTOTAL 8. A                 18 052 767                                            7.54


   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 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 or
                                            equals or is higher than         through financial             is higher than the notifiable
                                            the notifiable threshold         instruments if it equals      threshold
                                                                             or is higher than the 
                                                                             notifiable threshold                                                                                                                                    
   Coronation Fund Managers Ltd

   Coronation Investment 
   Management SA (Pty) Ltd
   Coronation Asset Management              7.54                                                            7.54
   (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              25 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: 25-01-2021 03:00:00
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