TIDMIDA

RNS Number : 4419E

IdaTech PLC

06 April 2011

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
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 1. Identity of the issuer or the 
 underlying issuer of existing shares to 
 which voting rights are attached: (ii)                 IdaTech plc 
------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
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 An acquisition or disposal of voting rights                              u 
---------------------------------------------------------------------  ------- 
 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)       Ogier Employee Benefit Trustee 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)                         31 March 2011 
------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:     4 April 2011 
------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                   8% 
------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
----------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
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 Class/type 
 of shares 
 if 
 possible     Situation previous 
 using the     to the triggering                  Resulting situation after the triggering 
 ISIN CODE     transaction                         transaction 
-----------  ----------------------------------  ---------------------------------------------------------------------- 
                              Number 
              Number           of 
               of              Voting             Number         Number of voting          % of voting rights 
               Shares          Rights              of shares      rights                    (x) 
-----------  --------------  ------------------  -------------  ------------------------  ----------------------------- 
                                                                 Direct         Indirect 
                                                  Direct          (xi)           (xii)     Direct         Indirect 
-----------    ---  -------  ------  -----  ---  -------------  -------------  ---------  -------------  -------------- 
 Ordinary 
 shares         4,329,897         4,329,897        14,794,897     14,794,897                   28% 
             --------------  ------------------  -------------  -------------  ---------  -------------  -------------- 
 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
                                                                       Number of voting 
                                                                        rights that may 
                                                                        be 
                                      Exercise/                         acquired if the 
 Type of financial   Expiration        Conversion Period                instrument is               % of voting 
  instrument          date (xiii)      (xiv)                            exercised/ converted.        rights 
------------------  ---------------  -------------------------------  ---------------------------  -------------------- 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
----------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------------------------------------------------- 
                                             Exercise/ 
 Type of                                      Conversion         Number of voting 
 financial      Exercise      Expiration      period              rights instrument            % of voting rights 
 instrument      price         date (xvii)    (xviii)             refers to                     (xix, xx) 
-------------  ------------  -------------  ------------------  ----------------------------  ------------------------- 
                                                                                               Nominal       Delta 
-------------  ------------  -------------  ------------------  ----------------------------  ------------  ----------- 
 
 
 Total (A+B+C) 
----------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  --------------------------------------------------------- 
                         14,794,897                                                      28% 
------------------------------------------------------------  --------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
------------------------------------------------------------------------------ 
 
 
 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:                       Charlie Germain 
--------------------------------------  -------------------------------------- 
 15. Contact telephone number:           + 44 (0) 1534 753666 
--------------------------------------  --------------------------------------

This information is provided by RNS

The company news service from the London Stock Exchange

END

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