PayPoint plc : Holding(s) in Company

PayPoint plc : Holding(s) in Company
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:
ii
Paypoint PLC
Sedol B02QND9
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:
iii
¹Lansdowne Partners Limited being the General Partner of Lansdowne Partners Limited Partnership

²Lansdowne Partners International Limited
4. Full name of shareholder(s)  (if different from 3.):iv  HSBC Client Holdings UK Ltd
(Registered Shareholder)
5. Date of the transaction and date on
which the threshold is crossed or
reached:
v
16/11/2011
6. Date on which issuer notified: 18/11/2011
7. Threshold(s) that is/are crossed or
reached:
vi, vii
5%


8. Notified details:
A: Voting rights attached to sharesviii, ix
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 x
DirectDirect xiIndirect xiiDirectIndirect
Ordinary Shares 6,244,603 6,244,603 Below 5% Below 5%
GB00B02QND93
B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial
instrument
Expiration
date
xiii
Exercise/
Conversion Period
xiv
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 xv, xvi
Resulting situation after the triggering transaction
Type of financial
instrument
Exercise priceExpiration date xviiExercise/
Conversion period
xviii
Number of voting rights instrument refers to% of voting rights xix, xx
NominalDelta
Total (A+B+C)
Number of voting rightsPercentage of voting rights
Below 5% Below 5%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi
Lansdowne Partners International Limited is the parent undertaking of Lansdowne Partners Limited.
Proxy Voting:
10. Name of the proxy holder: Lansdowne Partners Limited
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: Kamran Salahuddin
15. Contact telephone number: +44 20 7290 5500


Note: Annex should only be submitted to the FSA not the issuer
Annex: Notification of major interests in sharesxxii
A: Identity of the persons or legal entity subject to the notification obligation
Full name
(including legal form of legal entities)
¹Lansdowne Partners Limited being the    General Partner of Lansdowne Partners Limited Partnership

²Lansdowne Partners International Limited
Contact address
(registered office for legal entities)
15 Davies Street, London W1K 3AG    
Phone number & email      +44 20 7290 5500
Other useful information
(at least legal representative for legal persons)
B: Identity of the notifier, if applicable
Full name
Contact address
Phone number & email
Other useful information
(e.g. functional relationship with the person or legal entity subject to the notification obligation)
C: Additional information



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Source: Paypoint plc via Thomson Reuters ONE

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