Holding(s) in Company

 

TIDMJNY 
 
RNS Number : 7783D 
Journey Group PLC 
08 December 2009 
 

 
 
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+--------------------------------------------+ 
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+--------------------------------------------+ 
 
 
 
 
+----------------------------------------------------------------------------------------+ 
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                         | 
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+-------------------------------------------+-----------------------------------+ 
| 1. Identity of the issuer or the          |  Journey Group Plc                | 
| underlying issuer of existing shares to   |                                   | 
| which voting rights are attached:         |                                   | 
+-------------------------------------------+-----------------------------------+ 
 
 
+-------------------+---------------------------------------------------+--------+ 
| 2 Reason for the notification (please tick the appropriate box or boxes):      | 
+--------------------------------------------------------------------------------+ 
| An acquisition or disposal of voting rights                           | Yes    | 
+-----------------------------------------------------------------------+--------+ 
| An acquisition or disposal of qualifying financial instruments which  |   X    | 
| 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      | North Atlantic Value LLP (as      | 
| the notification obligation:              | investment manager/advisor)       | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 4. Full name of shareholder(s) (if        |                  1). North        | 
| different from 3.):                       |                 Atlantic Value    | 
|                                           |                 LLP (as           | 
|                                           |                 investment        | 
|                                           |                 manager/adviser   | 
|                                           |                 to fund           | 
|                                           |                 management        | 
|                                           |                 clients           | 
|                                           |                 2). Oryx          | 
|                                           |                 International     | 
|                                           |                 Growth Fund       | 
|                                           |                 Limited           | 
|                                           |                 3). North         | 
|                                           |                 Atlantic Smaller  | 
|                                           |                 Companies         | 
|                                           |                 Investment Trust  | 
|                                           |                 Plc               | 
+-------------------------------------------+-----------------------------------+ 
| 5. Date of the transaction and date       |  19 November 2009                 | 
| on which the threshold is crossed         |                                   | 
| or reached:                               |                                   | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 6. Date on which issuer notified:         |  7 December 2009                  | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 7. Threshold(s) that is/are crossed       |  Holding increased through 26%    | 
| or reached:                               |                                   | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
 
+-------------+-------------+------------+-------------+------------+----------+----------+----------+ 
| 8. Notified details:                                                                               | 
+----------------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares                                                                | 
|                                                                                                    | 
+----------------------------------------------------------------------------------------------------+ 
| Class/type  | Situation previous       | Resulting situation after the triggering                  | 
| of          | to the triggering        | transaction                                               | 
| shares      | transaction              |                                                           | 
| if possible |                          |                                                           | 
| using       |                          |                                                           | 
| the ISIN    |                          |                                                           | 
| CODE        |                          |                                                           | 
+             +--------------------------+-----------------------------------------------------------+ 
|             | Number      | Number     | Number      | Number of voting      | % of voting         | 
|             | of          | of         | of          | rights                | rights              | 
|             | Shares      | Voting     | shares      |                       |                     | 
|             |             | Rights     |             |                       |                     | 
+             +             +            +-------------+-----------------------+---------------------+ 
|             |             |            | Direct      | Direct     | Indirect | Direct   | Indirect | 
+-------------+-------------+------------+-------------+------------+----------+----------+----------+ 
|  Ordinary   |             |            |             |            |          |          |          | 
| Shares      |             |            |             |            |          |          |          | 
| Sedol:      |             |            |             |            |          |          |          | 
| 0942209     |             |            |             |            |          |          |          | 
+-------------+-------------+------------+-------------+------------+----------+----------+----------+ 
|             |             |            |             |            |          |          |          | 
+-------------+-------------+------------+-------------+------------+----------+----------+----------+ 
| Holder 1    | 6,718,413   | 6,718,413  | 6,718,414   | 6,718,414  |          | 2.31%    |          | 
+-------------+-------------+------------+-------------+------------+----------+----------+----------+ 
|             |             |            |             |            |          |          |          | 
+-------------+-------------+------------+-------------+------------+----------+----------+----------+ 
| Holder 2    | 53,314,341  | 53,314,341 | 54,825,188  | 54,825,188 |          | 18.87%   |          | 
+-------------+-------------+------------+-------------+------------+----------+----------+----------+ 
|             |             |            |             |            |          |          |          | 
+-------------+-------------+------------+-------------+------------+----------+----------+----------+ 
| Holder 3    | 14,666,667  | 14,666,667 | 14,666,667  | 14,666,667 |          | 5.05%    |          | 
+-------------+-------------+------------+-------------+------------+----------+----------+----------+ 
 
 
+---------------------+------------+--------------------+---------------------+----------------+ 
| B: Qualifying Financial Instruments                                                          | 
+----------------------------------------------------------------------------------------------+ 
| 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                                                                                   | 
+-----------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                          | 
|                                                                                               | 
+-----------------------------------------------------------------------------------------------+ 
| Type of       | Exercise | Expiration | Exercise/  | Number of      | % of voting             | 
| financial     |          |            | Conversion | voting         | rights                  | 
| instrument    | price    | date       |            | rights         |                         | 
|               |          |            | period     | instrument     |                         | 
|               |          |            |            | refers to      |                         | 
+---------------+----------+------------+------------+----------------+-------------------------+ 
|               |          |            |            |                |    Nominal    |  Delta  | 
|               |          |            |            |                |               |         | 
+               +          +            +            +                +---------------+---------+ 
|               |          |            |            |                |               |         | 
+---------------+----------+------------+------------+----------------+---------------+---------+ 
 
 
+-------------------------------------------+-----------------------------------+ 
| Total (A+B+C)                                                                 | 
|                                                                               | 
+-------------------------------------------------------------------------------+ 
| Number of voting rights                   | Percentage of voting rights       | 
+-------------------------------------------+-----------------------------------+ 
|  76,210,269                               | 26.23%                            | 
+-------------------------------------------+-----------------------------------+ 
 
 
+----------------------------------------------------------------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or the         | 
| financial instruments are effectively held, if applicable:                             | 
+----------------------------------------------------------------------------------------+ 
|  N/A                                                                                   | 
+----------------------------------------------------------------------------------------+ 
 
 
+-------------------------------------------+-----------------------------------+ 
| Proxy Voting:                                                                 | 
|                                                                               | 
+-------------------------------------------------------------------------------+ 
| 10. Name of the proxy holder:             |  N/A                              | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 11. Number of voting rights proxy holder  |  N/A                              | 
| will cease to hold:                       |                                   | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 12. Date on which proxy holder will cease |  N/A                              | 
| to hold voting rights:                    |                                   | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
 
 
+-------------------------------------------+-----------------------------------+ 
| 13. Additional information:               |  N/A                              | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 14. Contact name:                         |  Carl Fry                         | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
| 15. Contact telephone number:             | [phone]              | 
|                                           |                                   | 
+-------------------------------------------+-----------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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