RNS Number:4504Q
Phoenix IT Group PLC
31 January 2007





31 January 2007



Phoenix IT Group plc (the "Company")



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):

Phoenix IT Group 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): Initial implementation of the Transparency Directive



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

Aberforth Partners LLP



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

Noted below: -


                                                                                               No. of Shares
Aberforth Smaller Companies Trust plc             Nortrust Nominees Ltd A/c Aberfrth           2,407,700
Aberforth UK Small Companies Fund                 Nortrust Nominees Ltd A/c Aberfrth           2,415,198
Aberforth Geared Capital & Income Trust plc       Nortrust Nominees Ltd A/c Aberfrth           404,700
The Church Commissioners for England              The Church Commissioners for England (Chase  411,200
                                                  GIS) Nominees Ltd





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

20 January 2007



6. Date on which issuer notified:

25 January 2007



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

5%



8. Notified details:

N/A





A: Voting rights attached to shares


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

Ordinary shares                   5,638,798                          5,638,798

GB00B0315W65





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                Direct (x)    Indirect (xi)   Direct      Indirect

Ordinary shares               N/A                   N/A           5,638,798       N/A         9.37%

GB00B0315W65



B: Financial Instruments

Resulting situation after the triggering transaction (xii)


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


N/A             N/A                   N/A                       N/A                         N/A





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

5,638,798                      9.37%



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

Held by Aberforth Partners LLP



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:

David Holland, Aberforth Partners LLP



15. Contact telephone number:

0131 220 0733



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):

Aberforth Partners LLP



Contact address (registered office for legal entities):

14 Melville Street, Edinburgh, FH3 7NS

Registered office:

Royal London House, 22-25 Finsbury Square, London EC2A 1DX



Phone number:

0131 220 0733



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

Contact: David Holland



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



Full name:

As above.



Contact address:

As above.



Phone number:

As above.



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

As above.



C: Additional information :

None.






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