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: |
GRESHAM COMPUTING PLC
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2 Reason for the notification (please tick the appropriate box or boxes): |
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An acquisition or disposal of voting rights |
NO |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
NO |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
NO |
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An event changing the breakdown of voting rights |
NO |
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Other (please specify): |
Changes to disclosure requirements |
YES |
3. Full name of person(s) subject to the notification obligation: |
GARTMORE INVESTMENT LIMITED |
4. Full name of shareholder(s) (if different from 3.): |
EQUITIES
GARTMORE FUND MANAGERS LTD A/C GARTMORE UK & IRISH SMALLER COMPANIES 6.845%
GARTMORE FLEDGLING TRUST PLC 2.838%
GARTMORE GROWTH OPPORTUNITIES PLC 2.141%
STRATHCLYDE PENSION FUND 5.867%
CONTRACT FOR DIFFERENCE
THE ALPHAGEN VOLANTIS FUND LIMITED 5.336%
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5. Date of the transaction and date on which the threshold is crossed or reached: |
1 JUNE 2009 |
6. Date on which issuer notified: |
2 JUNE 2009 |
7. Threshold(s) that is/are crossed or reached: |
23% |
8. Notified details: |
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A: Voting rights attached to shares |
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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9,204,342
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9,204,342 |
9,350,304 |
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9,350,304 |
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17.692% |
GB0008808825 |
B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Expiration |
Exercise/ |
Number of voting |
% of voting |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights |
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CFD |
N/A |
N/A |
N/A |
2,820,214 |
Nominal |
Delta |
5.336% |
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Total (A+B+C) |
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Number of voting rights |
Percentage of voting rights
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12,170,518 |
23.028% |
9. Chain of controlled undertakings through which the voting rights and/or the |
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Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information: |
ALL FIGURES ARE BASED ON THE COMPANY'S ISSUED SHARE CAPITAL OF 52,850,890
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14. Contact name: |
CHRIS ERRINGTON COMPANY SECRETARY |
15. Contact telephone number: |
01489 555500 |