PNX Phoenix It

RNS Number:7350V
Altium Cap Ltd
30 April 2007


                                   FORM 38.5


                 DEALINGS BY CONNECTED EXEMPT PRINCIPAL TRADERS

             (Rule 38.5 of the City Code on Takeovers and Mergers)



1. KEY INFORMATION

Name of exempt principal trader                   ALTIUM CAPITAL LIMITED

Company dealt in                                  PHOENIX IT GROUP PLC
                                                             
Class of relevant security to which the           ORDINARY SHARES OF 10P
dealings being disclosed relate (Note 1)                                     

Date of dealing                                   27 APRIL 2007


2. DEALINGS (Note 2)


(a) Purchases and sales

Total number of               Highest price paid           Lowest price paid 
securities purchased          (Note 3)                     (Note 3)


 500                           #3.31                        #3.31



Total number of                Highest price received      Lowest price received
securities old                (Note 3)                     (Note 3)


1,548                          #3.4425                      #3.335


(b) Derivatives transactions (other than options)

Product      Long/short       Number of securities          Price per unit 
name,        (Note 4)         (Note 5)                       Note 3)
e.g. CFD


(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Product  Writing,      Number of         Exercise Type, e.g.  Expiry Option
name,    selling,      securities to     price    American,   date   money paid/
e.g.     purchasing,   which the option           European           received 
call     varying etc.  relates (Note 5)           etc.               per unit  
option                                                               (Note 3) 

(ii) Exercising

Product name, e.g. call       Number of           Exercise price per unit
option                        securities          (Note 3)


3. OTHER INFORMATION


Agreements, arrangements or understandings relating to options or derivatives

Full details of any agreement, arrangement or understanding between the person
disclosing and any other person relating to the voting rights of any relevant
securities under any option referred to on this form or relating to the voting
rights or future acquisition or disposal of any relevant securities to which any
derivative referred to on this form is referenced. If none, this should be
stated.



Date of disclosure                                       30 APRIL 2007

Contact name                                             STEVE DAVEY

Telephone number                                         020 7484 4046

Name of offeree/offeror with which connected             FAWKES LIMITED

Nature of connection (Note 6)                            CONNECTED ADVISER




Notes


The Notes on Form 38.5 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk






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

END
EMMWUUBWCUPMURU

Phoenix It (LSE:PNX)
Historical Stock Chart
From Sep 2024 to Oct 2024

Phoenix It (LSE:PNX)
Historical Stock Chart
From Oct 2023 to Oct 2024