Last checked at 6 Oct 2008 16:20
Maintel Holdings Plc
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Maintel Holdings Plc
2. Reason for the notification (please state Yes/No):
An acquisition or disposal of voting rights: (Yes)
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) : ( )
3. Full name of person(s) subject to the notification obligation:
Herald Investment Management Limited
4. Full name of shareholder(s) (if different from 3):
(1) Bank of New York (OCS) Nominees Ltd on behalf of Herald Investment Trust Plc
5. Date of the transaction (and date on which the threshold is crossed or reached if different):
3 October 2008
6. Date on which issuer notified:
6 October 2008
7. Threshold(s) that is/are crossed or reached:
5%
8. Notified details:
A: Voting rights attached to shares
| Class/type of shares if possible using the ISIN CODE | Situation previous to the Triggering transaction | |
| Number of shares | Number of voting Rights | |
| GB00B046YG73 | 510,000 | 510,000 |
Resulting situation after the triggering transaction
| Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights | % of voting rights | ||
|
| Direct | Direct | Indirect | Direct | Indirect |
| GB00B046YG73 | 760,000 (6.35%) | 760,000 | 6.35% | ||
B: Financial Instruments
Resulting situation after the triggering transaction
| Type of financial instrument | Expiration Date | Exercise/Conversion Period/ Date | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
| None | Nil |
Total (A+B)
| Number of voting rights | % of voting rights |
| 760,000 | 6.35% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Herald Investment Management Limited, a discretionary investment manager, is the parent undertaking of an investment management business.
| Legal Vehicle | Voting Rights | Percentage held |
| Shareholder: Herald Investment Trust (in the name of Bank of New York ( OCS Nominees Limited) | 760,000 | 6.35% |
| Total for Funds under the management of Herald Investment Management Limited | 760,000 | 6.35% |
Proxy Voting:
10. Name of the proxy holder:
N/A
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:
N/A
14. Contact name:
Dale Todd
15. Contact telephone number:
020 7401 0562