Holding(s) in Company

RNS Number : 4166Z

Clarity Commerce Solutions PLC

21 September 2009

 



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:

Clarity Commerce Solutions 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:	Herald Investment Management Limited
4. Full name of shareholder(s) (if different from 3.):	Bank of New York (OCS) Nominees on behalf of Herald Investment Trust Plc
5. Date of the transaction and date on which the threshold is crossed or reached:	18 September 2009
6. Date on which issuer notified:	21 September 2009
7. Threshold(s) that is/are crossed or reached:	5%

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
GB0009274449	1,165,956 (3.64%)	1,165,956	1,815,956 (5.67%)		1,815,956		(5.67%)

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
None				Nil

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
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
1,815,956	5.67%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Herald Investment Management Limited, a discretionary investment management, is the parent undertaking of an investment management business.
Shareholder: Herald Investment Trust (in the name of Bank of New York (OCS Nominees Limited))	1,815,956	5.67%
Total for funds under management of Herald Investment Management Limited	1,815,956	5.67%

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:	Andrew Miller
15. Contact telephone number:	020 7553 6308

 

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