TIDMIDOX

RNS Number : 4097G

IDOX PLC

07 May 2014

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
----------------------------------------------- 
 
 
 
 1. Identity of the issuer or the underlying                                         Idox PLC 
  issuer 
  of existing shares to which voting rights 
  are 
  attached: 
---------------------------------------------------  ---------------------------------------- 
 2 Reason for the notification (please tick the appropriate box or boxes): 
--------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                            Yes 
-----------------------------------------------------------------------------------  -------- 
 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                                       Kestrel Partners LLP 
  to the 
  notification obligation: 
--------------------------------------------  ----------------------------------------------- 
 4. Full name of shareholder(s)                     Kestrel Opportunities, a cell of Guernsey 
  (if different from 3.):                           Portfolios PCC Ltd (through Rose Nominees 
                                                    Ltd) and various other clients of Kestrel 
                                                           Partners LLP (through JIM Nominees 
                                                                                         Ltd) 
--------------------------------------------  ----------------------------------------------- 
 5. Date of the transaction and date                                              01 May 2014 
  on 
  which the threshold is crossed 
  or 
  reached: 
--------------------------------------------  ----------------------------------------------- 
 6. Date on which issuer notified:                                                06 May 2014 
--------------------------------------------  ----------------------------------------------- 
 7. Threshold(s) that is/are crossed 
  or 
  reached:                                                                                 7% 
--------------------------------------------  ----------------------------------------------- 
 
 
 
 8. Notified details: 
------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                       Resulting situation after the triggering 
 of              to the triggering                        transaction 
 shares          transaction 
 
 if possible 
 using 
 the ISIN 
 CODE 
-------------  ---------------------------------------  ----------------------------------------------------------------- 
                Number              Number               Number     Number of voting         % of voting rights 
                 of                  of                  of          rights 
                 Shares              Voting              shares 
                                     Rights 
-------------  ------------------  -------------------  ---------  -----------------------  ----------------------------- 
                                                         Direct     Direct      Indirect     Direct         Indirect 
-------------    ------  ------    -----  ------  ----  ---------  ----------  -----------  -------------  -------------- 
 Ordinary 
 Shares 
 of 0.1p each 
 ISIN 
 GB0002998192   25,130,152          25,130,152           n/a        n/a         24,130,152   n/a            6.75% 
               ------------------  -------------------  ---------  ----------  -----------  -------------  -------------- 
 
 
 B: Qualifying Financial Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of financial        Expiration       Exercise/                     Number of voting             % of voting 
  instrument               date             Conversion Period             rights that may              rights 
                                                                          be 
                                                                          acquired if the 
                                                                          instrument is 
                                                                          exercised/ converted. 
-----------------------  ---------------  ----------------------------  ---------------------------  -------------------- 
 n/a                      n/a              n/a                           n/a                          n/a 
-----------------------  ---------------  ----------------------------  ---------------------------  -------------------- 
 
 C: Financial Instruments with similar economic effect to Qualifying Financial 
  Instruments 
------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise        Expiration       Exercise/        Number of voting             % of voting rights 
 financial         price           date             Conversion       rights instrument 
 instrument                                         period           refers to 
---------------  --------------  ---------------  ---------------  ---------------------------  ------------------------- 
 n/a              n/a             n/a              n/a              n/a                          Nominal       Delta 
---------------  --------------  ---------------  ---------------  ---------------------------  ------------  ----------- 
                                                                                                 n/a           n/a 
-------------    ------  ------    -----  ------  ----  -------    ---  -----  -----------      ------------  ----------- 
 
 Total (A+B+C) 
------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                          Percentage of voting rights 
---------------------------------------------------------------  -------------------------------------------------------- 
 24,130,152                                                       6.75% 
---------------------------------------------------------------  -------------------------------------------------------- 
 
 
 
 9. Chain of controlled undertakings through which the voting rights and/or 
  the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------------------------------- 
                Indirect - Rose Nominees Limited - 22,327,788 Shares. 6.25% of voting 
                                                                               rights 
           Indirect - JIM Nominees Limited - 1,802,364 Shares. 0.50% of voting rights 
 
 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: 
-----------------------------------------------------  ------------------------------ 
 
                                            Disclosure based on Total voting rights 
  13. Additional information:                of 357,235,800 
                                             The indirect voting rights held under 
                                             (9) relate to shares held in client 
                                             portfolios managed by Kestrel Partners 
                                             LLP under discretionary investment 
                                             management agreements 
-----------------------------------------  ------------------------------------------ 
 14. Contact name:                                                        Ian Forrest 
-----------------------------------------  ------------------------------------------ 
 15. Contact telephone number:                                          0203 371 6100 
-----------------------------------------  ------------------------------------------ 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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