TIDMMTV

RNS Number : 9935O

Motive Television PLC

12 February 2016

 
 
 
 
 TR-1:NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
---------------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                      Motive Television PLC 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-----------------------------------------------------------  --------------------------------- 
 2 Reason for the notification (please tick the appropriate 
  box or boxes): 
---------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                  x 
------------------------------------------------------------  -------------------------------- 
 An acquisition or disposal of qualifying financial 
  instruments which may result in the acquisition 
  of shares already issued to which voting rights 
  are attached 
------------------------------------------------------------  -------------------------------- 
 An acquisition or disposal of instruments with 
  similar economic effect to qualifying financial 
  instruments 
------------------------------------------------------------  -------------------------------- 
 An event changing the breakdown of voting rights 
------------------------------------------------------------  -------------------------------- 
 Other (please 
  pecify): 
----------------------------------------------------------    -------------------------------- 
 3. Full name of person(s)                                      Bergen Asset Management, LLC 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  --------------------------------- 
 4. Full name of shareholder(s)                               BNP Paribas Securities Services 
  (if different from 3.):(iv)                                  as custodian for Bergen Global 
                                                                    Opportunity Fund, LP. 
-----------------------------------------------------------  --------------------------------- 
 5. Date of the transaction                                           10 February 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  --------------------------------- 
 6. Date on which issuer                                              12 February 2016 
  notified: 
-----------------------------------------------------------  --------------------------------- 
 7. Threshold(s) that is/are                                   19%, 18%, 17%, 16%, 15%, 14%, 
  crossed or                                                     13%, 12%, 11%, 10%, 9%, 8%, 
  reached: (vi, vii)                                                 7%, 6%, 5%, 4%, 3% 
-----------------------------------------------------------  --------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
------------------------------------------------------------------------------------------------------------ 
 Class/type    Situation previous                       Resulting situation after the 
 of             to the triggering                        triggering transaction 
 shares         transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
------------  ---------------------------------------  ----------------------------------------------------- 
               Number        Number                     Number    Number of voting        % of voting 
                of           of                         of         rights                  rights (x) 
                Shares       Voting                     shares 
                             Rights 
------------  ------------  -------------------------  --------  ----------------------  ------------------- 
                                                        Direct    Direct    Indirect      Direct    Indirect 
                                                                   (xi)      (xii) 
------------  ------------  -----------  ------------  --------  --------  ------------  --------  --------- 
 
               773,800,000   19.16%                                         Below 3%                Below 3% 
------------  ------------  -------------------------  --------  --------  ------------  --------  --------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------ 
 Type of       Expiration    Exercise/                            Number of voting        % of voting 
  financial     date          Conversion                          rights that              rights 
  instrument    (xiii)        Period (xiv)                        may be 
                                                                  acquired if 
                                                                  the 
                                                                  instrument is 
                                                                  exercised/ converted. 
------------  ------------  -----------------------------------  ----------------------  ------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------ 
 Type of       Exercise      Expiration   Exercise/               Number of voting        % of voting 
  financial     price        date          Conversion              rights instrument       rights (xix, 
  instrument                 (xvii)        period                  refers to               xx) 
                                           (xviii) 
------------  ------------  -----------  ----------------------  ----------------------  ------------------- 
                                                                                          Nominal   Delta 
------------  ------------  -----------  ----------------------  ----------------------  --------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------ 
 Number of voting rights                                Percentage of voting rights 
-----------------------------------------------------  ----------------------------------------------------- 
 Below 3%                                               Below 3% 
-----------------------------------------------------  ----------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
----------------------------------------------------------------------------------- 
 
   Bergen Asset Management, LLC is ultimately controlled 
   by Mr. Eugene Tablis 
 
 Proxy Voting: 
----------------------------------------------------------------------------------- 
 10. Name of the proxy holder: 
-------------------------------------------------------------  -------------------- 
 11. Number of voting rights proxy 
  holder will cease 
  to hold: 
-------------------------------------------------------------  -------------------- 
 12. Date on which proxy holder will 
  cease to hold 
  voting rights: 
-------------------------------------------------------------  -------------------- 
 
 
  13. Additional information: 
-------------------------------------------------------------  -------------------- 
 14. Contact name:                                              Cory Burns, CFO/COO 
-------------------------------------------------------------  -------------------- 
 15. Contact telephone number:                                  +1 212 488 2559 
-------------------------------------------------------------  --------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

HOLGGUGUPUPQGMP

(END) Dow Jones Newswires

February 12, 2016 12:03 ET (17:03 GMT)

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