Angle PLC Announces Holding(s) in Company

Rhea-AI Summary

ANGLE plc announced that as of February 25, 2022, Morgan Stanley Investment Management Inc. has reduced its voting rights in the company to 4.82%, down from a previous holding above 5%. The notification reflects a significant change in the investment management strategy of Morgan Stanley, which now manages 11,328,548 voting rights in ANGLE plc. This marks a notable shift since they previously surpassed the threshold in January 2021 with a holding of 5.32%.

Positive

• None.

Negative

• Morgan Stanley Investment Management has fallen below the 5% voting rights threshold.
• This indicates a potential decrease in institutional confidence in ANGLE plc.

GUILDFORD, SURREY / ACCESSWIRE / March 2, 2022 / ANGLE plc (OTCQX:ANPCY )(AIM:AGL)

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISIN

GB0034330679

Issuer Name

ANGLE plc

UK or Non-UK Issuer

UK

2. Reason for Notification

An acquisition or disposal of voting rights

3. Details of person subject to the notification obligation

Name

Morgan Stanley Investment Management Inc.

City of registered office (if applicable)

Country of registered office (if applicable)

US

Name	City of registered office	Country of registered office
Morgan Stanley Investment Management Inc.	Wilmington	USA

4. Details of the shareholder

Name	City of registered office	Country of registered office
Morgan Stanley Investment Management Inc. manages funds on a discretionary basis on behalf of various clients

5. Date on which the threshold was crossed or reached

25-Feb-2022

6. Date on which Issuer notified

01-Mar-2022

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	4.817589	0.000000	4.817589	11,328,548
Position of previous notification (if applicable)

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)
GB0034330679	11,328,548		4.817589
Sub Total 8.A	11,328,548		4.817589%

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

1. 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.

Ultimate controlling person	Name of controlled undertaking	% of voting rights if it equals or is higher than the notifiable threshold	% of voting rights through financial instruments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold

10. In case of proxy voting

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

This notification is being made by Morgan Stanley Investment Management Inc. as they have now fallen below the 5% threshold that they previously crossed above on Trade Date 21 Jan 2021 with a holding of 5.32%

12. Date of Completion

01-Mar-2022

13. Place Of Completion

Glasgow

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

SOURCE: ANGLE plc

View source version on accesswire.com:
https://www.accesswire.com/691239/Angle-PLC-Announces-Holdings-in-Company

FAQ

What is the current voting rights percentage of Morgan Stanley in ANGLE plc?

As of February 25, 2022, Morgan Stanley holds 4.82% of voting rights in ANGLE plc.

When did Morgan Stanley's voting rights fall below 5% in ANGLE plc?

Morgan Stanley's voting rights fell below 5% on February 25, 2022.

How many voting rights does Morgan Stanley hold in ANGLE plc?

Morgan Stanley currently holds a total of 11,328,548 voting rights in ANGLE plc.

What was Morgan Stanley's previous voting rights percentage in ANGLE plc?

Previously, Morgan Stanley held 5.32% voting rights in ANGLE plc as of January 21, 2021.

When did Morgan Stanley notify about their holdings in ANGLE plc?

Morgan Stanley notified about their holdings on March 1, 2022.