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

Release Date: 03/02/2021 12:00
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                Bytes Technology Group PLC
    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 reached(vi):                     01-02-2021

6.  Date on which issuer notified (DD/MM/YYYY):                                 03-02-2021

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 on the      5.94                                                 5.94                 239 482 333,00
    date on which threshold
    was crossed or reached
    Position of previous            6.79                                                 6.79
    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               Direct                     Indirect                   Direct                    Indirect
                           (Art 9 of Directive        (Art 10 of Directive       (Art 9 of Directive       (Art 10 of Directive
   (if possible)           2004/109/EC) (DTR5.1)      2004/109/EC)               2004/109/EC) (DTR5.1)     2004/109/EC)
                                                      (DTR5.2.1)                                           (DTR5.2.1)
   GB00BDCXV269            14 225 610                                            5.94                      -

   SUBTOTAL 8. A           14 225 610                                            5.94

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          Number of        % of voting rights
     instrument           date x              Conversion               cash                 voting rights
                                              Period xi                settlement(xii)

                                                                       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                                             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     % of voting rights           Total of both if it
                                  it equals or is           through financial            equals or is higher
                                  higher than the           instruments if it equals     than the notifiable
                                  notifiable threshold      or is higher than the        threshold
                                                          notifiable threshold
   Coronation Fund Managers Ltd
   Coronation Investment
   Management SA (Pty) Ltd
   Coronation Asset               5.94                                                   5.94
   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        03 February 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: 03-02-2021 12:00:00
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