IBS OPENSystems plc
25 March 2008
TR-1i: 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):
IBS OPENSystems 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:
.................
An event changing the breakdown of voting rights:
.................
Other (please specify):
3. Full name of person(s) subject to the notification obligation (iii):
Standard Life Investments
4. Full name of shareholder(s) (if different from 3.) (iv):
Vidacos Nominees
5. Date of the transaction and date on which the threshold is crossed or
reached (v):
20 March 2008
6. Date on which issuer notified:
21 March 2008
7. Threshold(s) that is/are crossed or reached:
8%
8. Notified details:
.................
A: Voting rights attached to shares
Class/type of shares if possible Situation previous to the
using the ISIN CODE Triggering transaction (vi)
Number of shares Number of voting Rights (viii)
GB00B06HS226 3,161, 026 3,161, 026
Resulting situation after the triggering transaction (vii)
Class/type of shares if Number of shares Number of voting rights (ix) % of voting rights
possible using the ISIN CODE
Direct (x) Indirect (xi) Direct Indirect
3, 036, 026 2,453, 181 582, 845 6.405% 1.522%
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of Expiration Date Exercise/Conversion Number of voting rights % of voting rights
financial (xiii) Period/ Date (xiv) that may be acquired if the
instrument instrument is exercised/
converted.
Total (A+B)
Number of voting rights % of voting rights
3, 036, 026 7.927%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):
Standard Life Investments
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: Alison Kennedy
15. Contact telephone number: 0131 245 2289
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