RNS Number:7348L
Newport Networks Group PLC
14 January 2008


TR-1(i): 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 Network Group PLC

2. Reason for the notification (please state Yes/No): ( )

   An acquisition or disposal of voting rights: (Yes)
   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 (iii):

   Newton Investment Management Limited

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

   Newton Investment Management Limited

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

   10/01/08

6. Date on which issuer notified:
  
   11/01/08

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

   Decrease from 6.73% to 4.68%

8. Notified details:

   Sale of 7,500,000 shares

A: Voting rights attached to shares

Class/type of shares if possible   Situation previous to the Triggering transaction
using the ISIN CODE                                      (vi)
                                    Number of shares  Number of voting Rights (viii)

Ordinary Shares                           24,673,872                           6.73%
ISIN GB00B00ST620


Resulting situation after the triggering transaction (vii)

Class/type of    Number of shares   Number of voting         % of voting rights
shares if                              rights (ix)
possible using
the ISIN CODE
                           Direct    Direct    Indirect    Direct            Indirect
                                        (x)        (xi)
ISIN
GB00B00ST620

                              N/A       N/A  17,173,872       N/A               4.68%

B: Financial Instruments


Resulting situation after the triggering transaction (xii)
Type of     Expiration Date  Exercise/          Number of voting     % of voting
financial   (xiii)           Conversion Period/ rights that may be   rights
instrument                   Date (xiv)         acquired if the
                                                instrument is
                                                exercised/ converted



Total (A+B)


 Number of voting rights  % of voting rights


              17,173,872               4.68%


9. Chain of controlled undertakings through which the voting rights and/or the
   financial instruments are effectively held, if applicable (xv):

   Newton Investment Management Limited hold these shares as a discretionary
   Investment Manager

Proxy Voting:


10. Name of the proxy holder:

    N/A

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:

    N/A

13. Additional information:

    N/A

14. Contact name:

    Asif S Lalani

15. Contact number:

    +44 (0)20 7163 5115


Annex to Notification Of Major Interests In Shares (xvi)


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


Full name (including legal form for legal entities):

Newton Investment Management Ltd

Contact address (registered office for legal entities):

Mellon Financial Centre
160 Queen Victoria Street
London EC4V 4LA

Phone number

+44 (0)20 7163 9000

Other useful information (at least legal representative for legal persons):

Rachel Wheeler

B: Identity of the notifier, if applicable (xvii)

Full name:

Newton Investment Management Ltd

Contact address:

Mellon Financial Centre
160 Queen Victoria Street
London EC4V 4LA

Phone number:

+44 (0)20 7163 9000

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

Discretionary Investment Manager



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
HOLUSSVRWARAAAR

Newport Networks (LSE:NNG)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Newport Networks Charts.
Newport Networks (LSE:NNG)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Newport Networks Charts.