TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES |
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1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: |
Xaar plc |
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2. Reason for the notification (please tick the appropriate box or boxes) |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An event changing the breakdown of voting rights |
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Other (please specify): |
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3. Full name of person(s) subject to the notification obligation: |
Artemis Investment Management Limited |
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4. Full name of shareholder(s) (if different from 3.): |
Artemis Special Situations Witan Investment Trust |
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5. Date of the transaction (and date on which the threshold is crossed or reached if different): |
23rd July 2008 |
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6. Date on which issuer notified: |
25th July 2008 |
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7. Threshold(s) that is/are crossed or reached: |
7% |
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8. Notified details: |
A: Voting rights attached to shares |
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Class/type of shares if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
Resulting situation after the triggering transaction |
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Number of Shares |
Number of Voting Rights |
Number of shares |
Number of voting rights |
% of voting rights |
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Direct |
Direct |
Indirect |
Direct |
Indirect |
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GB0001570810 |
4,639,419 |
4,639,419 |
4,839,419 |
4,839,419 |
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7.69% |
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B: Financial Instruments |
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Resulting situation after the triggering transaction |
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Type of financial instrument |
Expiration date |
Exercise/ Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted |
% of voting rights |
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Total (A+B) |
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Number of voting rights |
% of voting rights |
4,839,419 |
7.69% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
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Proxy Voting: |
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10. Name of the proxy holder: |
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11. Number of voting rights proxy holder will cease to hold: |
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12. Date on which proxy holder will cease to hold voting rights: |
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13. Additional information |
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14. Contact Name |
Alistair Fleming |
15. Contact telephone |
0131 718 0411 |