JNY.L Regulatory News (JNY)

23 Jan 2008 09:13

Watermark Group PLC23 January 2008 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 WATERMARK GROUP PLC 2. Reason for the notification (please tick the appropriate box or boxes) An acquisition or disposal of voting rights (X ) 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 (specify): ( ) 3. Full name of person(s) subject to the notification obligation: Oryx International Growth Fund Limited 4. Full name of shareholder(s) (if different from 3.) 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 21 January 2008 6. Date on which issuer notified: 22 January 2008 7. Threshold that is reached: 6% 8. Notified details: A. Voting rights attached to shares Class/type of shares (if possible using the Ordinary (GB0009422097)ISIN code) Situation previous to Resulting situation after the triggering transactionthe triggeringtransactionNumber of Number of Number of Number of voting % of voting rightsShares Voting shares rights Rights Direct Direct Indirect Direct Indirect2,990,000 2,990,000 2,740,000 2,740,000 Nil 5.86% Nil B. Financial Instruments Resulting situation after the triggering transactionType of Expiration Exercise/ Number of voting % of votingfinancial date Conversion Period/ rights that may rightsinstrument Date be acquired if the instrument is exercised/ converted Total (A+B)Number of voting rights % of voting rights2,740,000 5.86% 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 the proxy holder: n/a 11. Number of voting rights proxy n/a holder will cease to hold: 12. Date on which proxy holder n/a will cease to hold voting rights: 13. Additional information: n/a 14: Contact name: Sara Radford, Company Secretary, BNP Paribas Fund Services (Guernsey) Limited 15. Contact telephone number: 01481 743004 This information is provided by RNS The company news service from the London Stock Exchange