Holding in Company

RNS Number:1411U
Horizon Technology Group PLC
09 May 2008



Standard Form TR-1
Voting rights attached to shares- Article 12(1) of directive 2004/109/EC
Financial instruments - Article 11(3) of the Commission Directive 2007/14/EC



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



Horizon Technology



2. Reason for the notification

(please place an X inside the appropriate bracket/s):



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: (   )





3. Full name of person(s) subject to notification obligation:

Axa S.A 25 Avenue Martignon, 75009 Paris and its group of Companies



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



5. Date of transaction and date on which the threshold is crossed or reached:

8th May 2008



6. Date on which issuer notified:

9th May 2008





7. Threshold(s) that is/are crossed or reached:

3%



8. Notified Details:


A) Voting rights attached to shares
Class/type of  Situation previous to the  Resulting situation after the triggering transaction
shares (if     Triggering transaction
possible using Number of     Number of    Number of    Number of voting rights   % of voting rights
the ISIN CODE) Shares        Voting       shares
                             rights       Direct       Direct    Indirect        Direct      Indirect
Sedol 5838217  2,500,000     2,500,000    0            0         863,100         0.00        1.06

SUBTOTAL A     2,500,000     2,500,000    0            863,100                   0.00            1.06
(based on
aggregate
voting rights)


B) Financial Instruments
Resulting situation after the triggering transaction
Type of financial   Expiration Date    Exercise/Conversion   Number of voting       % of voting rights
instrument                             Period/ Date          rights that may be
                                                             acquired if the
                                                             instrument is
                                                             exercised/converted


                                       SUBTOTAL B (in
                                       relation to all
                                       expiration dates)


Total (A+B)                                           number of voting rights    % of voting rights
                                                      863,100                    1.06%






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



10.In case of proxy voting : (Name of proxy holder) will cease to hold (number)
voting Rights as of (date).





11. Additional information:

 Done at London 17 January 2008







This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.








                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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