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Monday 22 October, 2007

Business Systems

Holding(s) in Company

Business Systems Group Hldgs PLC
22 October 2007


 

TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

 

1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):

Business Systems Group Holdings plc

 

2. Reason for the notification (please state Yes/No): ( )

 

An acquisition or disposal of voting rights: YES

 

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: NO

 

An event changing the breakdown of voting rights: NO

 

Other (please specify) : No

 

3. Full name of person(s) subject to the notification obligation (iii):

Helium Special Situations Fund

 

4. Full name of shareholder(s) (if different from 3.) (iv):

Helium Special Situations Fund

 

5. Date of the transaction (and date on which the threshold is crossed or
reached if different) (v):

19/10/07

 

6. Date on which issuer notified:

22/10/07

 

7. Threshold(s) that is/are crossed or reached:

5%

 

 

A: Voting rights attached to shares

 
Class/type of shares        Situation previous to the Triggering      
if possible using the                 transaction (vi)                
ISIN CODE                                                             
                       Number of shares       Number of voting Rights 
                                              (viii)                  
                                                                      
                                                                      
ORDINARY               3,450,000              3,450,000               

 

 

 

 

Resulting situation after the triggering transaction (vii)

 
Class/type of shares Number of shares  Number of voting rights    % of voting rights  
if possible using                      (ix)                                           
the ISIN CODE                                                                         
                     Direct            Direct (x) Indirect (xi)   Direct    Indirect  
                                                                                      
                                                                                      
ORDINARY             3,980,000         3,980,000  N/A             5.18%     N/A       

 

B: Financial Instruments

Resulting situation after the triggering transaction (xii)

 
Type of     Expiration Date  Exercise/Conversion Number of voting     % of voting     
financial   (xiii)           Period/ Date (xiv)  rights that may be   rights          
instrument                                       acquired if the                      
                                                 instrument is                        
                                                 exercised/                           
                                                 converted.                           
                                                                                      
N/A         N/A              N/A                 N/A                  N/A             

 

 

Total (A+B)
Number of voting     % of voting rights 
rights                                  
                                        
                                        
3,980,000            5.18%              

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):

Not applicable

 

Proxy Voting: NOT APPLICABLE

 

10. Name of the proxy holder:

... N/A ..............

 

11. Number of voting rights proxy holder will cease to hold:

...... N/A ...........

 

12. Date on which proxy holder will cease to hold voting rights:

......... N/A ........

13. Additional information:

............ N/A .....

 

14. Contact name:

Hilary Lowe/James Wheaton

 

15. Contact telephone number:

020 7390 8550



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