AINC Applied Intel.

    RNS Number : 2345H
  Applied Intellectual Capital Ltd
  31 October 2008
   

    NOTIFICATION OF INTEREST IN TOTAL VOTING RIGHTS

    A form TR-1 containing the following information has been received by the Company.

    TR-1 notification of major interests in shares

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

    Applied Intellectual Capital Limited

    2. Reason for the notification
    Acquisition of voting rights

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

    4. Full name of shareholder(s) (if different from 3):
    N/A

    5.Date of the transaction (and date on which the threshold
    is crossed or reached if different):
    31 October 2008

    6. Date on which issuer notified:
    31 October 2008

    7. Threshold(s) that is/are crossed or reached:
    Over 3%

    8. Notified details:
    A: Voting rights attached to shares
 Class/type of shares            Situation previous to the Triggering        Resulting situation after the triggering transaction
  if possible using the ISIN     transaction 
 CODE
                                 Number of Shares      Number of Voting      Number of shares   Number of voting      % of voting
                                                       Rights                                   rights                rights
                                                                             Direct             Direct     Indirect   Direct   Indirect
 JE00B2NT3208                    0                     0                     4,000,000          4,000,000  N/A        8.89%    N/A




    B: Financial Instruments
 Resulting situation after the triggering transaction
 Type of financial instrument   Expiration date  Exercise/ Conversion  Number of voting      % of voting rights
                                                 Period/ Date          rights that may be
                                                                       acquired if the
                                                                       instrument is
                                                                       exercised/
                                                                       converted. 
             N/A                N/A                      N/A           N/A                   N/A

    Total (A+B)
 Number of voting rights  % of voting rights
    4,000,000             8.89%

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

    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 cease to hold voting rights:
    n/a

    13. Additional information:
    n/a




This information is provided by RNS
The company news service from the London Stock Exchange
 
  END 
 
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