Zytronic PLC : Axa Group - Disaggregation Exemption Notification

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Company Zytronic PLC TIDM ZYT Headline AXA Group - Disaggregation Exemption notification Released 11:32 10-Jan-2012 Number 2945V11

RNS Number : 2945V Zytronic PLC
10 January 2012

Zytronic plc AXA Group - Disaggregation Exemption notification

With effect from 17 October 2011, AXA SA and its subsidiary notifying Group entities have notified the FSA that effective from that date they will be disclosing holdings under the exemptions in Rules 5.4.1, 5.4.2 and 5.4.9 of the Disclosure and Transparency Rules ("DTR"). As a consequence, the holdings of the above entities will not be aggregated together or with those of AXA SA for DTR reporting purposes.
Following the above disaggregation exemption notification, AXA SA and its subsidiary notifying Group entities, acting independently from their parent and from each other, no longer have any reportable holdings in Zytronic plc on a Group aggregated basis.
However, AXA Investment Managers SA has crossed the 18% threshold and has a holding on a Group disaggregated basis as an independent Group subsidiary of 2,695,891 Ordinary Shares, representing 18.30% of the issued share capital of Zytronic plc; see attached notification
Enquiries:
Zytronic plc 0191 414 5511
Denis Mullan, Finance Director
Brewin Dolphin Ltd
Neil Baldwin 0845 213 4726

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:	Zytronic PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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	X
Other (please specify):
3. Full name of person(s) subject to the notification obligation:	AXA Investment Managers SA
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or reached:	5 January 2012
6. Date on which issuer notified:	9 January 2012
7. Threshold(s) that is/are crossed or reached:	18.00%
8. Notified details:
A: Voting rights attached to shares
Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction	Resulting situation after the triggering transaction
Class/type of shares if possible using the ISIN CODE	Number of Shares	Number of Voting Rights	Number of shares	Number of voting rights	% of voting rights
Class/type of shares if possible using the ISIN CODE	Number of Shares	Number of Voting Rights	Direct	Direct	Indirect	Direct	Indirect
GB0006971013	2,695,891	2,695,891	0	0	2,695,891	0.00%	18.30%

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
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
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/ Conversion period	Number of voting rights instrument refers to	% of voting rights
					Nominal	Delta

12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:
14. Contact name:	Dimitrios Tsamis
15. Contact telephone number:	[phone]

This information is provided by RNS
The company news service from the London Stock Exchange
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