INC.L Regulatory News (INC)

2 Apr 2007 16:17

Avanti Screenmedia Group PLC02 April 2007 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES (1). Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached (ii): Avanti Screenmedia Group PLC 2. Reason for the notification (please state Yes/No): ( ) 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: ( ) Other (please specify) : Declaration of Major Shareholding as per FSA ( X ) Transitional Provision 7 3. Full name of person(s) subject to the notification obligation (iii): North Atlantic Value LLP (as investment advisor/manager) 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 reachedif different) (v): n/a 6. Date on which issuer notified: 20 March 2007 7. Threshold(s) that is/are crossed or reached: Above 5% 8. Notified details: A: Voting rights attached to shares Class/type of shares Situation previous to if possible using the the Triggering ISIN CODE transaction (vi) Number of shares Number of voting Rights (viii) Ordinary Shares 1,163,900 1,163,900 B01JDG2 (As notified under S 198 on 17/08/06) Resulting situation after the triggering transaction (vii) Class/type of shares Number of shares Number of voting rights % of voting rights if possible using (ix) the ISIN CODE Direct Direct (x) Indirect (xi) Direct Indirect Ordinary Shares 1,758,313 1,758,313 7.17% B01JDG2 B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Date Exercise/Conversion Number of voting % of voting financial (xiii) Period/ Date (xiv) rights that may be rights instrument acquired if the instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 1,758,313 shares 7.17% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): Not Applicable Proxy Voting: 10. Name of the proxy holder: - 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: None 14. Contact name: Bonita Guntrip 15. Contact telephone number: 020 7747 5681 This information is provided by RNS The company news service from the London Stock Exchange