Holding(s) in Company

RNS Number : 6677A

IDOX PLC

03 February 2011

 



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:

Idox PLC

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		X
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:	Highclere International Investors LLP
4. Full name of shareholder(s) (if different from 3.):	The Highclere International Investors International Smaller Companies Fund The Highclere (Jersey) International Investors Smaller Companies Fund
5. Date of the transaction and date on which the threshold is crossed or reached:	1st February, 2011
6. Date on which issuer notified:	3rd February, 2011
7. Threshold(s) that is/are crossed or reached:	Above 3%

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	0	0	19,111,801	19,111,801	0	5.62%	0
GB0002998192

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
19,111,801	5.62%

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:	Highclere International Investors LLP
11. Number of voting rights proxy holder will cease to hold:	Not Applicable
12. Date on which proxy holder will cease to hold voting rights:	Not Applicable

13. Additional information:	On 1st February 2011, Highclere International Investors Limited ("Highclere Limited") transferred its regulated business to Highclere International Investors LLP ("Highclere LLP).  On the same day, Highclere Limited changed its name to Highclere Investment Management Limited.   All employees of Highclere Limited, including all portfolio managers, investment analysts and members of its administration and operations teams, became partners or employees of Highclere LLP.  Highclere LLP acts as investment manager for the clients detailed in Question 4 above (the "Clients").  In acting for the Clients, Highclere LLP is given full discretion over their investments and are empowered to vote on their behalf.  However, Highclere LLP does not act as the Client's custodian and therefore shares are not held in Highclere LLP's name but in the name of each Client's custodian bank.   This notification was therefore triggered by the change in the legal structure of the investment management firm on 1st February, 2011 rather than trading activity in the underlying shares.
14. Contact name:	Fergus Gilmour, Compliance Officer
15. Contact telephone number:	0207 258 9845

 

END

 

 

HOLEAKADELPFEFF