RNS Number : 4734K
Ethernity Networks Ltd
31 October 2024
 

Notification of major holdings

1. Issuer Details

Issuer Name

Ethernity Networks Ltd

UK or Non-UK Issuer

Non-UK Issuer

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

New Technology Capital Group, LLC and affiliates (the "Shareholder")

City of registered office (if applicable)

Wilmington, Delaware

Country of registered office (if applicable)

USA

4. Details of the shareholder

Name

City of registered office

Country of registered office

BNP Paribas Securities Services as Custodian

New York

USA

 

5. Date on which the threshold was crossed or reached

25 October 2024

6. Date on which Issuer notified

31 October 2024

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

 

% of voting rights attached to shares (total of 8.A)

% of voting rights through financial instruments (total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights held in issuer

Resulting situation on the date on which threshold was crossed or reached

21.64%

N/A

21.64%

195,278,000

Position of previous notification (if applicable)

Below 5%

N/A

Below 5%

N/A

 

8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares

Class/Type of shares ISIN code(if possible)

Number of direct voting rights (DTR5.1)

Number of indirect voting rights (DTR5.2.1)

% of direct voting rights (DTR5.1)

% of indirect voting rights (DTR5.2.1)

Ordinary Shares


195,278,000


21.64%

Sub Total 8.A

195,278,000

21.64%

 

8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrument

Expiration date

Exercise/conversion period

Number of voting rights that may be acquired if the instrument is exercised/converted

% of voting rights

 





Sub Total 8.B1




 

8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument

Expiration date

Exercise/conversion period

Physical or cash settlement

Number of voting rights

% of voting rights

 






Sub Total 8.B2




 

9. Information in relation to the person subject to the notification obligation

N/A

10. In case of proxy voting

N/A

11. Additional Information

This notice is being delivered to Ethernity Networks Ltd pursuant to Article 73 of the Amended and Restated Articles of Association of Ethernity Networks Ltd.

12. Date of Completion

31 October 2024

13. Place Of Completion

United States of America

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