TR-1 notification

RNS Number : 6692A

Velti 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:

Velti Ltd

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		√
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:	FMR LLC
4. Full name of shareholder(s) (if different from 3.):	FMR LLC (FMR) is the parent holding company of Fidelity Management & Research Company (FMRCO), investment manager for US mutual funds, FIL Management Trust Company (FMTC), Pyramis Global Advisors Trust Company(PGATC), a US state chartered bank which acts as a trustee or investment manager of various pension and trust accounts, Pyramis Global Advisors LLC (PGALLC) and Pyramis Trust Company (PTC).
5. Date of the transaction and date on which the threshold is crossed or reached:	28 January 2011
6. Date on which issuer notified:	31 January 2011
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
			Indirect	Direct	Indirect	Direct	Indirect
JE00B41PDC45	0	0	1,984,740		1,984,740		5.28

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
1,984,740	5.28%

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

SHARES HELD NOMINEE MANAGEMENT COMPANY 33,800 BANK OF NEW YORK FMRCO 1,568,240 BROWN BROTHERS HARRIMAN AND CO FMRCO 264,500 CITIBANK NA FMRCO 25,500 JP MORGAN CHASE BANK FMRCO 8,200 MELLON BANK N.A. FMRCO 2,400 CITIBANK NA (C) FMR 57,200 MELLON BANK NA (C) PTC 24,900 NORTHERN TRUST CO (C) FMR

Proxy Voting:
10. Name of the proxy holder:	FMR LLC
11. Number of voting rights proxy holder will acquire:	1,984,740
12. Date on which proxy holder will acquire voting rights:	28 January 2011

13. Additional information:	None
14. Contact name:	Robert Crayston
15. Contact telephone number:	[e-mail], 01737 836241

 

END

 

 

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