INC.L Regulatory News (INC)

17 Aug 2006 13:42

Avanti Screenmedia Group PLC17 August 2006 LETTER TO: AVANTI SCREENMEDIA GROUP PLC Notification of Substantial Shareholding We hereby advise you pursuant to Section 198 of the Companies Act 1985, asamended by Section 134 of the Companies Act 1989, that due to a purchase of122,000 Ordinary shares on 16 August 2006, North Atlantic Value LLP as adiscretionary manager for its clients is currently interested in 1,163,900Ordinary Shares of 1p each in Avanti Screenmedia Group PLC. This includes aholding of 315,457 ordinary shares in which Oryx International Growth FundLimited is interested ("Oryx). Oryx is listed on the London Stock Exchange andNorth Atlantic Value LLP is its discretionary investment manager. Our records indicate that, based on an issued share capital of 22,344,000Ordinary Shares of 5p each, this figure amounts to 5.21% of the issued sharecapital of Avanti Screenmedia PLC. From: For and on behalf of North Atlantic Value LLP Bonita Guntrip This information is provided by RNS The company news service from the London Stock Exchange