SpaceandPeople Regulatory News (SAL)

For filings with the FCA include the annex

For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

SpaceandPeople 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 qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

SPARK Ventures plc

4. Full name of shareholder(s)  (if different from 3.):iv

As above

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

7/8/2015

6. Date on which issuer notified:

12/8/2015

7. Threshold(s) that is/are crossed orreached: vi, vii

Acquisition of 10.57%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

0

0

2062500

2062500

0

10.57%

GB00B058DS79

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

2,062,500

10.57%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

SPARK Ventures plc

Proxy Voting:

10. Name of the proxy holder:

N/A

11. Number of voting rights proxy holder will ceaseto hold:

N/A

12. Date on which proxy holder will cease to holdvoting rights:

N/A

13. Additional information:

SPARK Ventures acquired the shares from Gresham House plc in a share swap

14. Contact name:

Andrew Betton

15. Contact telephone number:

07775 557366

Note: Annex should only be submitted to the FCA not the issuer

Annex: Notification of major interests in share

A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

SpaceandPeople plc

Contact address

(registered office for legal entities)

2nd Floor 100 West Regent Street, Glasgow

Phone number & email

08452418215, investor-relations@spaceandpeople.com

Other useful information

(at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name

Andrew Betton

Contact address

SPARK Ventures plc Registered Office Bracher Rawlins, 77 Kingsway London WC2B 6SR

Phone number & email

07775 557366

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

Company Secretary

C: Additional information

Following transfer of shares in SpaceandPeople plc to SPARK Ventures plc by Gresham House plc, SPARK Ventures now holds 10.57% of the voting rights.

For notes on how to complete form TR-1 please see the FCA website.