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Paypoint plc (PAY)

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Friday 02 October, 2009

Paypoint plc

Holding(s) in Company





TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares
to which voting rights are attached:
PayPoint Plc

2. Reason for the notification:
An acquisition or disposal of voting rights


3. Full name of person(s) subject to the notification obligation:
Legal & General Group Plc (L&G)


4. Full name of shareholder(s) (if different from 3.):
N/A


5. Date of the transaction (and date on which the threshold is
crossed or reached if different):
30 September 2009

6. Date on which issuer notified:
1 October 2009

7. Threshold(s) that is/are crossed or reached:
From 3% - 4% (L&G)



+-------------------------------------------------------------------------------------------+
|8. Notified details:                                                                       |
|                                                                                           |
|-------------------------------------------------------------------------------------------|
|A: Voting rights attached to shares                                                        |
|-------------------------------------------------------------------------------------------|
|Class/type of     |Situation previous |Resulting situation after the triggering transaction|
|shares            | to the triggering |                                                    |
|if possible using |    transaction    |                                                    |
|the ISIN CODE     |-------------------+----------------------------------------------------|
|                  | Number  | Number  |          |  Number of voting  |% of  voting rights |
|                  |   of    |   of    |  Number  |       rights       |                    |
|                  | Shares  | Voting  |of shares |--------------------+--------------------|
|                  |         | Rights  |          |  Direct  |Indirect | Direct  | Indirect |
|------------------+---------+---------+----------+----------+---------+---------+----------|
|ORD               |         |         |          |          |         |         |          |
|                  |2,689,257|2,689,257|2,823,706 |2,823,706 |         |  4.17   |          |
|GBP 0.0033        |         |         |          |          |         |         |          |
+-------------------------------------------------------------------------------------------+



+-----------------------------------------------------------------------------------------+
|                                                                                         |
|-----------------------------------------------------------------------------------------|
|B: Qualifying Financial Instruments                                                      |
|-----------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                                     |
|-----------------------------------------------------------------------------------------|
|                     |               |                       |Number of voting   |       |
|Type of financial    |Expiration     |Exercise/              |rights that may be |% of   |
|instrument           |date           |Conversion Period      |acquired if the    |voting |
|                     |               |                       |instrument is      |rights |
|                     |               |                       |exercised/         |       |
|                     |               |                       |converted.         |       |
|---------------------+---------------+-----------------------+-------------------+-------|
|                     |               |                       |                   |       |
|-----------------------------------------------------------------------------------------|
|                                                                                         |
|-----------------------------------------------------------------------------------------|
|C: Financial Instruments with similar economic effect to Qualifying Financial Instruments|
|-----------------------------------------------------------------------------------------|
|Resulting situation after the triggering transaction                                     |
|-----------------------------------------------------------------------------------------|
|               |             |           |          |                      |             |
|Type         of|Exercise     |Expiration |Exercise/ |Number    of    voting|%  of  voting|
|financial      |price        |date       |Conversion|rights                |rights       |
|instrument     |             |           |period    |instrument refers to  |             |
|               |             |           |          |                      |             |
|---------------+-------------+-----------+----------+----------------------+-------------|
|               |             |           |          |                      |Nominal|Delta|
|               |             |           |          |                      |       |     |
+-----------------------------------------------------------------------------------------+



+-------------------------------------------------------+
| Total (A+B+C)                                         |
|-------------------------------------------------------|
| Number of voting rights | Percentage of voting rights |
|-------------------------+-----------------------------|
|                         |                             |
|        2,823,706        |            4.17%            |
|                         |                             |
+-------------------------------------------------------+



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

Legal & General Group Plc (Direct and Indirect)
(Group)
Legal & General Investment Management (Holdings)
Limited (LGIMH) (Direct and Indirect)
Legal & General Investment Management Limited
(Indirect) (LGIM)
Legal & General Group Plc (Direct) (L&G) (2,823,706 - 4.17 % = LGAS,
                             LGPL & PMC)
Legal & General Investment          Legal & General Insurance
Management (Holdings) Limited       Holdings Limited (Direct) (LGIH)
(Direct) (LGIMHD)
Legal & General Assurance (Pensions Legal & General Assurance Society
Management) Limited  (PMC)          Limited  (LGAS & LGPL)
                                    Legal & General Pensions Limited
                                    (Direct)  (LGPL)



Proxy Voting:
10. Name of the 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:
Notification using the total voting rights figure of 67,737,619

14. Contact name:
LGIM: Helen Lewis - 020 3124 3851
PayPoint Plc: Susan Court - 01707 600300

15. Contact telephone number:
LGIM: Helen Lewis - 020 3124 3851
PayPoint Plc: Susan Court - 01707 600300


2 October 2009

                                                                                                                                                                   

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