DNK.L Regulatory News (DNK)

21 Dec 2006 15:44

Danka Business Systems PLC21 December 2006 For immediate release 21 December 2006 Danka Business Systems PLC ("Danka" or the "Company") TOTAL VOTING RIGHTS In conformity with the Transparency Directive's transitional provision 6, wewould like to notify the market of the following: As at December 19th 2006, the issued share capital and voting rights of DankaBusiness Systems Plc are as follows: Danka Business Systems PLC's share capital consists of 258,249,024 Ordinaryshares with voting rights attached (one vote per ordinary share). There are noshares held in Treasury. In addition, the company had a total of 340,464 participating shares in issue. Holders of Danka Participating Shares are entitled to as many votes for eachDanka Participating Share owned as equals the number of Danka Ordinary Sharesinto which the Danka Participating Share is convertible. The Danka Participating Shares are convertible into Danka Ordinary Shares at arate per Danka Participating Share calculated by dividing the liquidation returnfor the Danka Participating Shares, which is $1,000 per Danka ParticipatingShare plus accumulated and unpaid dividends from the last Danka ParticipatingShare dividend payment date, by a conversion price of $3.11 per DankaParticipating Share. The Danka Participating Share dividend accumulates on adaily basis; therefore, the conversion rate increases fractionally on a dailybasis until the next Danka Participating Share dividend is paid. As at December19th 2006, the conversion rate was 323.517 Danka Ordinary Shares per DankaParticipating Share. The liquidation return is subject to increase in somecircumstances if Danka is in default of its payment obligations under the DankaParticipating Shares, and the conversion price is subject to increase in somecircumstances to protect Danka Participating Shareholders against dilution. Therefore the total number of voting rights in Danka Business Systems PLC is368,394,916. -ends- Enquiries: Danka Business Systems PLC 020 7605 0150Paul Dumond, Company Secretary Weber Shandwick Square Mile 020 7067 0700Helen Thomas About Danka Danka delivers value to clients worldwide by using its expert technical andprofessional services to implement effective document information solutions. As one of the largest independent providers of enterprise imaging systems andservices, the Company enables choice, convenience, and continuity. Danka'svision is to empower customers to benefit fully from the convergence of imageand document technologies in a connected environment. This approach willstrengthen the Company's client relationships and expand its strategic value.For more information, visit Danka at www.danka.com. This information is provided by RNS The company news service from the London Stock Exchange