OPN Ibs Open

    RNS Number : 6507W
  IBS OPENSystems plc
  13 June 2008
   



    TR-1i: 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):
    IBS OPENSystems plc

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

    An acquisition or disposal of voting rights:

    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):
    Yes - Now disclosing at a Group Level

    3. Full name of person(s) subject to the notification obligation (iii):
      Montanaro Group


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


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

    6. Date on which issuer notified:
    12/06/08

    7. Threshold(s) that is/are crossed or reached:
      3%

    8. Notified details:
    *****..



    A: Voting rights attached to shares

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

 GB00B06HS226                    1,521,000              1,521,000

    Resulting situation after the triggering transaction (vii)

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

                                 1,521,000          1,521,000    n/a              3.98%    n/a

    B: Financial Instruments
    Resulting situation after the triggering transaction (xii)

 Type of financial instrument  Expiration Date       Exercise/Conversion   Number of voting      % of voting rights
                               (xiii)                Period/ Date (xiv)    rights that may be
                                                                           acquired if the
                                                                           instrument is
                                                                           exercised/
                                                                           converted.



    Total (A+B)
 Number of voting rights  % of voting rights

 1,521,000                3.98%


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

    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:
      Matthew Francis, Montanaro

    15. Contact telephone number:
      0207 448 8600*****..


    


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