Holding(s) in Company
August 28 2007 - 1:57PM
UK Regulatory
RNS Number:9026C
Newport Networks Group PLC
28 August 2007
TR-l: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):
Newport Networks Group PLC ordinary shares of 0.1 pence each
2. Reason for the notification: (please state Yes/No):
An acquisition or disposal of voting rights
3. Full name of the person(s) subject to the notification obligation:
GAM International Management Limited
4. Full name of shareholder(s) (if different from 3.):
N/A
5. Date of the transaction and date on which the threshold is crossed or reached:
22/08/2007
6. Date on which issuer notified:
24/08/2007
7. Threshold(s) that is/are crossed or reached:
3%
8. Notified details:
A: Voting rights attached to shares
Class /type Situation Previous to Resulting situation after the Triggering Transaction
of shares the vii
TriggeringTransaction
If possible Number of Number of Number of Shares Number of voting % of voting
using the Shares voting Rights iv Rights
ISIN CODE Rightsviii
Direct Indirect Direct x Indirect Direct Indirect
xi
GB00B00ST620 8,162,540 8,162,540 28,162,540 - 28,162,540 - 7.68%
B: Financial Instruments
Resulting situation after the triggering transactionxii
Type of Expiration Exercise Number of voting % of voting
financial Datexiii Conversion Rights that may be rights
instrument Period Acquired if the
/ Date xiv instrument is exercised/
converted.
n/a
Total (A+B)
Number of voting % of voting rights
rights
28,162,540 7.68%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable xv
GAM International Management Limited is the discretionart investment
manager for the following:
+-----------------------------------+-----------------------------------+
|Period of interest |22/08/07 to 24/08/07 |
+-----------------------------------+-----------------------------------+
|Security |Newport Networks Group Ordinary GBP|
| |0.1 |
+-----------------------------------+-----------------------------------+
|ISIN |GB00800ST620 |
+-----------------------------------+-----------------------------------+
|SEDOL |B00ST62 |
+-----------------------------------+-----------------------------------+
|Uptix Code |B00ST62 |
+-----------------------------------+-----------------------------------+
|Number of shares in issue |366,582,833 |
+-----------------------------------+-----------------------------------+
+---------------------------+--------------+--------------+--------------+
|Fund Name |Last Trade |Nominal |% of Issued |
| |Date | | |
+---------------------------+--------------+--------------+--------------+
|GAM Star UK Dynamic Equity |22/08/07 |10,162,540 |2.772 |
|Investments | | | |
+---------------------------+--------------+--------------+--------------+
|GAM UK Equity Hedge |22/08/07 |18,000,000 |4.910 |
|Investments Inc. | | | |
+---------------------------+--------------+--------------+--------------+
Proxy Voting:
10. Name of the proxy holder:
Institutional Shareholder Services
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:
Not applicable
13. Additional information
N/A
14. Contact name:
Leonard Cordaro
15. Contact telephone number:
+44 (0)20 7917 2356
END
28 August 2007
This information is provided by RNS
The company news service from the London Stock Exchange
END
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