Phoenix IT Group PLC: Holding(s) in Company | Company Announcements

Thursday 11 February, 2010

Phoenix IT Group PLC

Holding(s) in Company

RNS Number : 0362H

Phoenix IT Group PLC

11 February 2010

For filings with the FSA include the annex
For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESⁱ

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ⁱⁱ		Phoenix IT Group PLC
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights			ü
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
Other (please specify):
3. Full name of person(s) subject to the notification obligation: ⁱⁱⁱ	FIL Limited
4. Full name of shareholder(s) (if different from 3.):^iv
5. Date of the transaction and date on which the threshold is crossed or reached: ^v	09 February 2010
6. Date on which issuer notified:	10 February 2010
7. Threshold(s) that is/are crossed or reached: ^{vi, vii}	5%

8. Notified details:

A: Voting rights attached to shares ^{viii, ix}

Class/type of
shares

if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of voting rights ^x

Indirect

Direct ^xi

Indirect ^xii

Direct

Indirect

GB00B0315W65

4,005,383

3,705,383

4.92

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date ^xiii

Exercise/
Conversion Period ^xiv

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 ^{xv, xvi}

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date ^xvii

Exercise/
Conversion period ^xviii

Number of voting rights instrument refers to

% of voting rights ^{xix, xx}

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

3,705,383

4.92%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: ^xxi
FIL Issuer name: PHOENIX IT GROUP PLC Current ownership percentage: 4.92% Total shares held: 3,705,383 Issued share capital: 75,206,874 SHARES HELD NOMINEE MANAGEMENT COMPANY FIL Limited (FIL) is the parent 400,099 JP MORGAN, BOURNEMOUTH FII holding company for various direct and indirect 77,900 JP MORGAN, BOURNEMOUTH FIL subsidiaries, including FIL Fund Management 3,227,384 JP MORGAN, BOURNEMOUTH FISL Limited (FFML), FIL Investment Services Ltd (FISL), FIL Gestion (FIGEST), FIL Asset Management (Korea) Limited (FIAKL), FIL Investments Management (Hong Kong) Limited (FIMHK), FIL Pension Management (FPM), Fidelity Investments Japan (FIJ) and FIL Investments International (FII), investment managers for various non-US investment companies and institutional clients.

Proxy Voting:
10. Name of the proxy holder:		FIL Limited
11. Number of voting rights proxy holder will cease to hold:		300,000
12. Date on which proxy holder will cease to hold voting rights:		09 February 2010

13. Additional information:	None
14. Contact name:	Evangelos Karatzas
15. Contact telephone number:	fil-regreporting@fil.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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