Holding(s) in Company

7 Aug 2008 09:26



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:

Red24 Plc

2. Reason for the notification (please place an X inside the appropriate bracket/s):

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 (please specify) : ( )

……………..

3. Full name of person(s) subject to the notification obligation

Brookwell Limited

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

Nortrust Nominees Ltd

5. Date of the transaction (and date on which the threshold is crossed or reached if different):

26 June 2008

6. Date on which issuer notified:

26 June 2008

.

7. Threshold(s) that is/are crossed or reached:

Below Reportable to 3%

8. Notified details:

……………..

A: Voting rights attached to shares

Resulting situation after the triggering transaction 

B: Financial Instruments

Resulting situation after the triggering transaction

Total (A+B)

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:

Progressive AIM Realisation Limited is Investment Manager to Brookwell Limited

14. Contact name:

Antony Lee

15. Contact telephone number:

0207 420 4355