Iq-ai Ltd Regulatory News (IQAI)

1 Jun 2007 08:00

Flying Brands Limited01 June 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES1. Identity of the issuer or the underlying issuer of existing Flying Brands Limtedshares 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 XAn acquisition or disposal of financial instruments which may result in the acquisition ofshares already issued to which voting rights are attachedAn event changing the breakdown of voting rights3. Full name of person(s) subject to the notification Channel Hotels and Properties Limitedobligation:4. Full name of shareholder(s) (if different from 3.):5. Date of the transaction (and date on which the threshold is 30 May 2007crossed or reached if different):6. Date on which issuer notified: 30 May 20077. Threshold(s) that is/are crossed or reached: 10%8. Notified details: A: Voting rights attached to sharesClass/type of Situation previous to Resulting situation after the triggering transactionshares the Triggering transaction if possible Number of Number of Number of Number of voting rights % of voting rightsusing the ISIN Shares Voting sharesCODE Rights Direct Direct Indirect Direct IndirectUnits comprising 2,410,000 2,410,000 2,610,000 2,610,000 0 10.3% 0.0%ORD 1p and 'A'ORD 0.005p GB0003437059 B: Financial InstrumentsResulting situation after the triggering transactionType of financial Expiration date Exercise/ Conversion Number of voting rights % of votinginstrument Period/ Date that may be acquired if rights the instrument is exercised/ convertedN/A N/A N/A N/A N/A Total (A+B)Number of voting rights % of voting rights2,610,000 10.3% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectivelyheld, if applicable: Proxy Voting:10. Name of the proxy holder: N/A11. Number of voting rights proxy holder will cease to hold: N/A12. Date on which proxy holder will cease to hold voting rights: N/A This information is provided by RNS The company news service from the London Stock Exchange