Velocity Comp Regulatory News (VEL)

27 Jul 2007 15:13

Velti PLC27 July 2007 Velti PLC 27 July 2007 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 Velti 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: CIM Special Situations Fund Limited 4. Full name of shareholder(s) (see box 3 above) 5. Date of the transaction (and date on which the threshold is crossed or reached if different): 19/07/2007 6. Date on which issuer notified: 26/07/2007 7. Threshold(s) that is/are crossed or reached: 4% 8. Notified details: A. Voting rights attached to shares Class/type of shares (if possible using the ISIN code) Ordinary Shares GB00B131JL06 Situation previous to Resulting situation after the triggering transaction the triggering transaction Number of Number of Number of Number of voting rights % of voting rights Shares Voting shares Rights Direct Direct Indirect Direct Indirect 1,280,000 1,280,000 1,076,037 - 1,076,037 - 3.69% B. Financial Instruments Resulting situation after the triggering transaction Type of Expiration date Exercise/ Number of voting % ofvoting financial Conversion rights that may rightsinstrument Period/Date be acquired if the instrument is exercised/ converted Total (A+B) Number of voting rights % of voting rights 1,076,037 3.69% 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: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14: Contact name: Ashley Retter, CIM Investment Management Limited 15. Contact telephone number: 0207 468 7600 This information is provided by RNS The company news service from the London Stock Exchange