Holding(s) in Company

 
TIDMQDG 
 
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| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES | 
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|1. Identity of the issuer or the underlying issuer of  |  Quadnetics Group plc| 
|existing shares to which voting rights are attached:   |                      | 
+-------------------------------------------------------+----------------------+ 
 
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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                                 |X| 
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|                                                                            | | 
|An acquisition or disposal of qualifying financial instruments which may    | | 
|result in the acquisition of shares already issued to which voting rights   | | 
|are attached                                                                | | 
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|                                                                            | | 
|An acquisition or disposal of instruments with similar economic effect to   | | 
|qualifying financial instruments                                            | | 
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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| HBSC GLOBAL CUSTODY NOMINEE (UK) LTD| 
|notification obligation:                |                                     | 
|                                        |                                     | 
+----------------------------------------+-------------------------------------+ 
|4. Full name of shareholder(s) (if      | Whitehall Consolidated Ltd          | 
|different from 3.):                     |                                     | 
|                                        |                                     | 
+----------------------------------------+-------------------------------------+ 
|5. Date of the transaction and date on  | 20.10.2010                          | 
|which the threshold is crossed or       |                                     | 
|reached:                                |                                     | 
|                                        |                                     | 
+----------------------------------------+-------------------------------------+ 
|6. Date on which issuer notified:       | 21.10.2010                          | 
|                                        |                                     | 
+----------------------------------------+-------------------------------------+ 
|7. Threshold(s) that is/are crossed or  | Above 21%                           | 
|reached:                                |                                     | 
|                                        |                                     | 
+----------------------------------------+-------------------------------------+ 
 
+------------------------------------------------------------------------------+ 
|8. Notified details:                                                          | 
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|A: Voting rights attached to shares                                           | 
|                                                                              | 
+-------------+-------------------+--------------------------------------------+ 
|Class/type of|Situation previous |Resulting situation after the triggering    | 
|shares       |to the triggering  |transaction                                 | 
|             |transaction        |                                            | 
|if possible  +---------+---------+---------+------------------+---------------+ 
|using        |Number   |Number   |Number   |Number of voting  |% of  voting   | 
|the ISIN CODE|of       |of       |of shares|rights            |rights         | 
|             |Shares   |Voting   +---------+---------+--------+------+--------+ 
|             |         |Rights   |Direct   |Direct   |Indirect|Direct|Indirect| 
+-------------+---------+---------+---------+---------+--------+------+--------+ 
|GB0007156838 |         |         |         |         |        |      |        | 
|             |3,657,000|3,657,000|3,802,000|3,802,000|        |21.64%|        | 
|             |         |         |         |         |        |      |        | 
+-------------+---------+---------+---------+---------+--------+------+--------+ 
 
+-------------------------------------------------------------------------+ 
|B: Qualifying Financial Instruments                                      | 
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|Resulting situation after the triggering transaction                     | 
|                                                                         | 
+-----------------+----------+----------+---------------------+-----------+ 
|Type of financial|Expiration|Exercise/ |Number of voting     |% of voting| 
|instrument       |date      |Conversion|rights that may be   |rights     | 
|                 |          |Period    |acquired if the      |           | 
|                 |          |          |instrument is        |           | 
|                 |          |          |exercised/ converted.|           | 
|                 |          |          |                     |           | 
+-----------------+----------+----------+---------------------+-----------+ 
|                 |          |          |                     |           | 
+-----------------+----------+----------+---------------------+-----------+ 
 
+------------------------------------------------------------------------------+ 
|C: Financial Instruments with similar economic effect to Qualifying Financial | 
|Instruments                                                                   | 
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|Resulting situation after the triggering transaction                          | 
|                                                                              | 
+---------------+--------+----------+----------+--------------+----------------+ 
|Type of        |Exercise|Expiration|Exercise/ |Number of     |% of voting     | 
|financial      |price   |date      |Conversion|voting        |rights          | 
|instrument     |        |          |period    |rights        |                | 
|               |        |          |          |instrument    |                | 
|               |        |          |          |refers to     |                | 
+---------------+--------+----------+----------+--------------+-------+--------+ 
|               |        |          |          |              |Nominal| Delta  | 
|               |        |          |          |              |       |        | 
|               |        |          |          |              +-------+--------+ 
|               |        |          |          |              |       |        | 
+---------------+--------+----------+----------+--------------+-------+--------+ 
 
+-------------------------------------------------------+ 
| Total (A+B+C)                                         | 
|                                                       | 
+-------------------------+-----------------------------+ 
| Number of voting rights | Percentage of voting rights | 
+-------------------------+-----------------------------+ 
|  3,802,000              | 21.64%                      | 
+-------------------------+-----------------------------+ 
 
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|9. Chain of controlled undertakings through which the voting rights and/or the| 
|financial instruments are effectively held, if applicable:                    | 
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|                                                                              | 
 
 
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| Proxy Voting:                                                        | 
|                                                                      | 
+------------------------------------------------------------------+---+ 
| 10. Name of the proxy holder:                                    |   | 
|                                                                  |   | 
+------------------------------------------------------------------+---+ 
| 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: |   | 
|                                                                  |   | 
+------------------------------------------------------------------+---+ 
 
+-----------------------------+-----------------------------------------------+ 
|13. Additional information:  |                                               | 
|                             |                                               | 
+-----------------------------+-----------------------------------------------+ 
|14. Contact name:            |Fabia Schulthess, HSBC Private Bank (Suisse) SA| 
|                             |                                               | 
+-----------------------------+-----------------------------------------------+ 
|15. Contact telephone number:|0041 58 705 3235                               | 
|                             |                                               | 
+-----------------------------+-----------------------------------------------+ 
 
 
 
[HUG#1454159] 
 
 
 
 
 
 
 
 
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     originality of the information contained therein. 
 
Source: Quadnetics Group plc via Thomson Reuters ONE