Holding in Company

    RNS Number : 2760Y
  Horizon Technology Group PLC
  03 July 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 Group
Plc
    2.    Reason for the notification (please tick the appropriate box or boxes):
    [x]     an acquisition or disposal of voting rights 
    [ ]     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 the notification obligation: 
    Avnet (Holdings) Limited
    4.    Full name of shareholder(s) (if different from 3.): 
    5.     Date of the transaction and date on which the threshold is crossed or reached: 01/07/2008
    6.    Date on which issuer notified: 03/07/2008
    7.     Threshold(s) that is/are crossed or reached: 95%
    8.     Notified details: 
 A) Voting rights attached to shares
 Class/type of shares (if        Situation previous to the Triggering        Resulting situation after the triggering transaction
 possible using the ISIN CODE)   transaction 
                                 Number of Shares      Number of Voting      Number of shares  Number of voting       % of voting
                                                       rights                                  rights                 rights
                                                                             Direct            Direct      Indirect   Direct   Indirect
 IE0006881506                    76,257,648            76,257,648            78,831,148        78,831,148             95.76%

 SUBTOTAL A (based on aggregate                                                                78,831,148             95.76%
 voting rights)


 B) Financial Instruments
 Resulting situation after the triggering transaction
 Type of financial instrument   Expiration Date  Exercise/Conversion   Number of voting      % of voting rights
                                                 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
 78,831,148   78,831,148               95.76%

    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: N/A
    11.    Additional information: N/A












      
    Annex to the standard form TR-1 
    a)    Identity of the person or legal entity subject to the notification obligation: 
 Full name (including legal      Avnet (Holdings) Limited 
 form for legal entities)
 Contact address (registered     Avnet House, Rutherford Close,
 office for legal entities)      Meadway, Stevenage,
                                 Hertfordshire, SG1 2EF, United
                                 Kingdom
 Phone number 
 Other useful information (at
 least legal representative for
 legal persons)
    b)     Identity of the notifier, if applicable: 
 Full name                           Hugh Moran / Kam Tse
 Contact address                     Bank of America
                                     5 Canada Square,
                                     London E14 5AQ,
                                     United Kingdom
 Phone number                        [phone]
                                     / [phone]
                                     4794
 Other useful information (e.g.
 functional relationship with the
 person or legal entity subject to
 the notification obligation)
    c)    Additional information 












    Notes to Form TR-1

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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