Holding(s) in Company

RNS Number : 2421U

Ideal Shopping Direct PLC

12 October 2010

 

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:

Ideal Shopping Direct 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:	FIL Limited
4. Full name of shareholder(s) (if different from 3.):	See attached schedule
5. Date of the transaction and date on which the threshold is crossed or reached:	30 September 2010
6. Date on which issuer notified:	4 October 2010 (received by issuer on 11 October 2010)
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
GB0001202109	1,732,336	1,732,336	687,762		687,762		2.00%

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

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
687,762	2.00%

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

See attached schedule

Proxy Voting:
10. Name of the proxy holder:	FIL Limited
11. Number of voting rights proxy holder will cease to hold:	1,044,574
12. Date on which proxy holder will cease to hold voting rights:	30 September 2010

13. Additional information:	None
14. Contact name:	Sophie Hughes
15. Contact telephone number:	[e-mail] 01737 836713

FIL

Issuer name:	IDEAL SHOPPING DIRECT PLC
Current ownership percentage:	2.00%
Total shares held:	687,762
Issued share capital:	34,303,179

FIL Limited (FIL) is the parent holding company for various direct and indirect subsidiaries, including FIL Fund Management Limited (FFML), FIL Investment Services Ltd (FISL), FIL Gestion (FIGEST), FIL Asset Management (Korea) Limited (FIAKL), FIL Investments Management (Hong Kong) Limited (FIMHK), FIL Pension Management (FPM), Fidelity Investments Japan (FIJ), and FIL Investments International (FII), Investment managers for various non-US investment companies and institutional clients.	SHARES HELD	NOMINEE	MANAGEMENT COMPANY
	52,160	JP MORGAN, BOURNEMOUTH	FII
	635,602	JP MORGAN, BOURNEMOUTH	FISL

 

END

 

 

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