Friday 30 April, 2010
Phoenix IT Group PLC
Holding(s) in Company
RNS Number : 2088L Phoenix IT Group PLC 30 April 2010
|
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:
|
Phoenix IT Group PLC
|
|
2 Reason for the notification (please tick the appropriate box or boxes):
|
|
An acquisition or disposal of voting rights
|
YES
|
|
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:
|
Aberforth Partners LLP
|
|
4. Full name of shareholder(s) (if different from 3.):
|
Shareholders Shares
1.Aberforth Smaller Companies Trust plc 4,668,866
2. Aberforth UK Small Companies Fund 1,832,598
3. Aberforth Geared Capital & Income Trust plc 878,273
All shares are registered in the name of Nortrust Nominees Ltd a/c Aberforth
|
|
5. Date of the transaction and date on which the threshold is crossed or reached:
|
29/04/2010
|
|
6. Date on which issuer notified:
|
30/04/2010
|
|
7. Threshold(s) that is/are crossed or reached:
|
10%
|
|
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
|
|
Number
of
Shares
|
Number
of
Voting
Rights
|
Number
of shares
|
Number of voting
rights
|
% of voting rights
|
|
Direct
|
Direct
|
Indirect
|
Direct
|
Indirect
|
|
Ordinary
|
7,600,737
|
7,600,737
|
7,379,737
|
N/A
|
7,379,737
|
N/A
|
9.81
|
|
GB00B0315W65
|
|
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
|
|
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
|
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
|
|
N/A
|
N/A
|
N/A
|
N/A
|
N/A
|
Nominal
|
Delta
|
|
N/A
|
N/A
|
|
Total (A+B+C)
|
|
Number of voting rights
|
Percentage of voting rights
|
|
7,379,737
|
9.81
|
|
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
|
|
Held by Aberforth Partners LLP
|
|
Proxy Voting:
|
|
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:
|
|
|
14. Contact name:
|
Pauline Robson, Aberforth Partners LLP
|
|
15. Contact telephone number:
|
0131 220 0733
|
|
Annex: Notification of major interests in shares
|
|
A: Identity of the persons or legal entity subject to the notification obligation
|
|
Full name
(Including legal form of legal entities)
|
Aberforth Partners LLP
|
|
Contact Address
(registered office for legal entities)
|
Contact:
14 Melville Street, Edinburgh, EH3 7NS
Registered Office:
Royal London House, 22-25 Finsbury Square, London, EC2A 1DX
|
|
Phone number & email
|
0131 220 0733
david.holland@aberforth.co.uk
|
|
Other useful information
(at least legal representative for legal persons)
|
Contact: David Holland
|
|
B: Identity of the notifier, if applicable
|
|
|
Full name
|
As above
|
|
Contact Address
|
As above
|
|
Phone number & email
|
As above
|
|
Other useful information
(eg. Functional relationship with the person or legal entity subject to the notification obligation).
|
As above
|
|
C: Additional information
|
|
None.
|
This information is provided by RNS
The company news service from the London Stock Exchange END HOLURSNRRVASOAR
|
|