Holding(s) in Company

RNS Number : 2563B

MTI Wireless Edge Limited

13 August 2008

 



TR-1: Notifications of Major Interests in Shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:		MTI Wireless Edge
2. Reason for notification (please tick the appropriate box or boxes)
An acquisition or disposal of voting rights			X
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to notification obligation:	Herald Investment Management Limited
4. Full name of shareholder(s) (if different from 3):	Bank of New York (OCS) Nominees Ltd on behalf of Herald Investment Trust Plc
5. Date of transaction (and date on which the threshold is crossed or reached if different):	6th August 2008
6. Date on which issuer notified:	8th August 2008
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 use 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		Percentage of voting rights
				Direct	Indirect	Direct	Indirect
IL0010958762	2,438,757 (4.7%)	2,438,757	2,808,757		2,808,757		5.4%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage of voting rights
None				Nil

Total (A+B)
Number of voting rights	Percentage of voting rights
2,808,757	5.4%

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 manager, is the parent undertaking of an investment management business. Shareholder: Herald Investment Trust (in the name of Bank of New York (OCS Nominees Limited)) 2,808,757 5.4% Total for funds under management of Herald Investment Management Limited 2,808,757 5.4%

Proxy Voting:
10. Name of 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 name:	020 7553 6308

 

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