30 Nov 2009 14:48
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES |
| 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: | IS Solutions Plc |
| 2 Reason for the notification (please tick the appropriate box or boxes): | ||
| An acquisition or disposal of voting rights |
| |
| 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): | Change in Issued Share Capital | Yes |
| 3. Full name of person(s) subject to the notification obligation: | Bluehone Investors LLP |
| 4. Full name of shareholder(s) (if different from 3.): | Active Capital Trust Plc |
| 5. Date of the transaction and date on which the threshold is crossed or reached: | 27/11/2009 |
| 6. Date on which issuer notified: | 30/11/2009 |
| 7. Threshold(s) that is/are crossed or reached: | 15% |
| 8. Notified details: | |||||||
| A: Voting rights attached to shares | |||||||
| Class/type of shares if possible using the ISIN CODE | Situation previous to the triggering transaction | Resulting situation after the triggering transaction | |||||
| Number of Shares | Number of Voting Rights | Number of shares | Number of voting rights | % of voting rights | |||
| Direct | Direct | Indirect | Direct | Indirect | |||
| GB0001351955 | 3,512,370 | 3,512,370 | 3,512,370 | 3,512,370 | - | 14.22 | - |
|
| |||||||
| B: Qualifying Financial Instruments | ||||
| Resulting situation after the triggering transaction | ||||
| Type of financial instrument | Expiration date | Exercise/ Conversion Period | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
| - |
|
|
|
|
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
| Resulting situation after the triggering transaction | ||||||
| Type of financial instrument | Exercise price | Expiration date | Exercise/ Conversion period | Number of voting rights instrument refers to | % of voting rights | |
|
|
|
|
|
| Nominal | Delta |
|
|
| |||||
| Total (A+B+C) | |
| Number of voting rights | Percentage of voting rights |
| 3,512,370 | 14.22% |
| 9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable: | ||||||||||||||||
|
| Proxy Voting: | |
| 10. Name of proxy holder: | Bluehone Investors LLP |
| 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: | Peter Fraser, F&C Asset Management plc (as Administrator for Bluehone Investors LLP) |
| 15. Contact telephone name: | 0131 718 1051 |
For notes on how to complete form TR-1 please see the FSA website.
Note: Annex should only be submitted to the FSA not the issuer
| Annex: Notification of major interests in shares |
| A: Identity of the persons or legal entity subject to the notification obligation | |
| Full name (including legal form of legal entities) | IS Solutions Plc |
| Contact address (registered office for legal entities) | Windmill House, 91-93 Windmill Road, Sunbury-On-Thames, Middlesex, TW16 7EF |
| Phone number & email | Phone 01932 893300 Fax 01932 893433 |
| Other useful information (at least legal representative for legal persons) | |
| B: Identity of the notifier, if applicable | |
| Full name | Peter Fraser, F&C Asset Management plc, as Administrator of Bluehone Investors LLP |
| Contact address | 80 George Street, Edinburgh EH2 3BU |
| Phone number & email | 0131 718 1051 Peter.fraser@fandc.com |
| Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) | |
| C: Additional information |