TIDMCNS

RNS Number : 2959M

Corero Network Security PLC

20 September 2021

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
 
 1. Identity of the issuer or the underlying                                                 Corero Network Security plc 
  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 
  specify): 
----------------------------------------------------------------------  --------  -------------------------------------- 
 3. Full name of person(s) subject                                                                    Peter Kennedy Gain 
  to the 
  notification obligation: (iii) 
                                                                          ---------------------------------------------- 
 4. Full name of shareholder(s)                                                                       Peter Kennedy Gain 
  (if different from 3.):(iv)                                                            Draper Gain Investments Limited 
                                                                                    (wholly owned by Peter Kennedy Gain) 
                                                                          ---------------------------------------------- 
 5. Date of the transaction and                                                                        16 September 2021 
  date on 
  which the threshold is crossed 
  or 
  reached: (v) 
                                                                          ---------------------------------------------- 
 6. Date on which issuer notified:                                                                     17 September 2021 
                                                                          ---------------------------------------------- 
 7. Threshold(s) that is/are crossed                                                         Crossed percentage point(s) 
  or 
  reached: (vi, vii) 
                                                                          ---------------------------------------------- 
 
 
 
 8. Notified details: 
 A: Voting rights attached to shares (viii, ix) 
 Class/type     Situation previous                Resulting situation after the triggering 
 of              to the triggering                 transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
               --------------------------------  ---------------------------------------------------------------------- 
                Number           Number           Number         Number of voting            % of voting rights 
                 of               of               of shares      rights                      (x) 
                 Shares           Voting 
                                  Rights 
               ---------------  ---------------  -------------  --------------------------  --------------------------- 
                                                  Direct         Direct         Indirect     Direct        Indirect 
                                                                  (xi)           (xii) 
                   -----------    -----------    -------------  -------------  -----------  ------------  ------------- 
 GB00B54X0432   25,815,241       25,815,241       16,378,246     16,378,246     0            3.31%         0% 
               ---------------  ---------------  -------------  -------------  -----------  ------------  ------------- 
 
 B: Qualifying Financial Instruments 
 Resulting situation after the triggering transaction 
 Type of            Expiration     Exercise/                       Number of voting              % of voting 
 financial           date (xiii)    Conversion Period               rights that may               rights 
 instrument                         (xiv)                           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 (xvii)    Conversion        rights instrument             rights (xix, 
 instrument                                     period            refers to                     xx) 
                                                (xviii) 
                 -------------  -------------  ---------------  ----------------------------  ------------------------- 
                                                                                               Nominal       Delta 
                 -------------  -------------  ---------------  ----------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
 Number of voting rights                            Percentage of voting rights 
                                                   -------------------------------------------------------------------- 
 16,378,246                                         3.31% 
                                                   -------------------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights 
  and/or the 
  financial instruments are effectively held, if applicable: (xxi) 
 
   Draper Gain Investments Limited, which held shares prior to this notification, 
   is wholly owned by Peter Gain. 
 
   Peter Gain remains a shareholder in his personal capacity. 
 
 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:                                                                      Peter Gain 
                                                                                    -------------- 
 15. Contact telephone number:                                                       0203 004 2040 
                                                                                    -------------- 
 
 

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September 20, 2021 05:36 ET (09:36 GMT)

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