Notification of Major Interest in Shares (1818E)

TIDMIDA TIDM76EO

RNS Number : 1818E

IdaTech PLC

04 April 2011

 
 
 
 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
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 1. Identity of the issuer or the 
 underlying issuer of existing shares to 
 which voting rights are attached: (ii)                 IdaTech Plc 
------------------------------------------  ---------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
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 An acquisition or disposal of voting rights                             Yes 
---------------------------------------------------------------------  ------- 
 An acquisition or disposal of qualifying financial instruments 
  which may result in the acquisition of shares already issued to 
  which voting rights are attached 
---------------------------------------------------------------------  ------- 
 An acquisition or disposal of instruments with similar economic 
  effect to qualifying financial instruments 
---------------------------------------------------------------------  ------- 
 An event changing the breakdown of voting rights 
---------------------------------------------------------------------  ------- 
 Other (please 
  specify): 
---------------  ----------------------------------------------------  ------- 
 3. Full name of person(s) subject 
  to the 
  notification obligation: (iii)                  Investec Bank plc 
------------------------------------  ---------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.):(iv) 
------------------------------------  ---------------------------------------- 
 5. Date of the transaction and date 
  on 
  which the threshold is crossed or 
  reached: (v)                                      31 March 2011 
------------------------------------  ---------------------------------------- 
 6. Date on which issuer notified:                  01 April 2011 
------------------------------------  ---------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached: (vi, vii)                                     50% 
------------------------------------  ---------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------ 
 A: Voting rights attached to shares (viii, ix) 
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 Class/type 
 of shares if 
 possible       Situation previous 
 using the       to the triggering                   Resulting situation after the triggering 
 ISIN CODE       transaction                          transaction 
-------------  -----------------------------------  -------------------------------------------------------------------- 
                                 Number 
                Number            of 
                 of               Voting             Number         Number of voting          % of voting rights 
                 Shares           Rights              of shares      rights                    (x) 
-------------  ---------------  ------------------  -------------  ------------------------  --------------------------- 
                                                                    Direct         Indirect 
                                                     Direct          (xi)           (xii)     Direct         Indirect 
-------------    ----  -------  ------  -----  ---  -------------  -------------  ---------  -------------  ------------ 
   Ordinary 
    shares        36,169,887        36,169,887        25,704,887     25,704,887       0          49.13            0 
               ---------------  ------------------  -------------  -------------  ---------  -------------  ------------ 
 GB00B1WTNQ84 
-------------    ----  -------  ------  -----  ---  -----------    ----  -------  ---------      ---  ----     --------- 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
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                                                                          Number of voting 
                                                                           rights that may 
                                                                           be 
                                         Exercise/                         acquired if the 
 Type of financial      Expiration        Conversion Period                instrument is               % of voting 
  instrument             date (xiii)      (xiv)                            exercised/ converted.        rights 
---------------------  ---------------  -------------------------------  ---------------------------  ------------------ 
 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments (xv, xvi) 
------------------------------------------------------------------------------------------------------------------------ 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------ 
                                                Exercise/ 
 Type of                                         Conversion         Number of voting 
 financial        Exercise       Expiration      period              rights instrument            % of voting rights 
 instrument        price          date (xvii)    (xviii)             refers to                     (xix, xx) 
---------------  -------------  -------------  ------------------  ----------------------------  ----------------------- 
                                                                                                  Nominal       Delta 
---------------  -------------  -------------  ------------------  ----------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------ 
                    Number of voting rights                                    Percentage of voting rights 
---------------------------------------------------------------  ------------------------------------------------------- 
                           25,704,887                                                     49.13 
---------------------------------------------------------------  ------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: (xxi) 
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 Proxy Voting: 
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 10. Name of the proxy holder: 
-------------------------------------------------  --------------------------- 
 11. Number of voting rights proxy holder will 
  cease 
  to hold: 
-------------------------------------------------  --------------------------- 
 12. Date on which proxy holder will cease to 
  hold 
  voting rights: 
-------------------------------------------------  --------------------------- 
 
 13. Additional information: 
--------------------------------------  -------------------------------------- 
 14. Contact name:                                    Gary Darch 
--------------------------------------  -------------------------------------- 
 15. Contact telephone number:                       020 7597 4549 
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This information is provided by RNS

The company news service from the London Stock Exchange

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