TIDMPNX 
 
RNS Number : 2088L 
Phoenix IT Group PLC 
30 April 2010 
 

 
+--------------------------------------+ 
|                                      | 
+--------------------------------------+ 
|                                      | 
+--------------------------------------+ 
 
 
+-----------------------------------------------------------------------------+ 
| TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                              | 
+-----------------------------------------------------------------------------+ 
 
+------------------------------------+------------------------------+ 
| 1. Identity of the issuer or the   | Phoenix IT Group PLC         | 
| underlying issuer of existing      |                              | 
| shares to which voting rights are  |                              | 
| attached:                          |                              | 
+------------------------------------+------------------------------+ 
 
+----------------+----------------------------------------+--------------+ 
| 2 Reason for the notification (please tick the appropriate box or      | 
| boxes):                                                                | 
+------------------------------------------------------------------------+ 
|                                                         | YES          | 
| An acquisition or disposal of voting rights             |              | 
+---------------------------------------------------------+--------------+ 
|                                                         |              | 
| An acquisition or disposal of qualifying financial      |              | 
| instruments which may result in the acquisition of      |              | 
| shares already issued to which voting rights are        |              | 
| attached                                                |              | 
+---------------------------------------------------------+--------------+ 
|                                                         |              | 
| An acquisition or disposal of instruments with similar  |              | 
| economic effect to qualifying financial instruments     |              | 
+---------------------------------------------------------+--------------+ 
|                                                         |              | 
| An event changing the breakdown of voting rights        |              | 
+---------------------------------------------------------+--------------+ 
|                |                                        |              | 
| Other (please  |                                        |              | 
| specify):      |                                        |              | 
+----------------+----------------------------------------+--------------+ 
|                |                                        |              | 
+----------------+----------------------------------------+--------------+ 
 
+----------------------------------+--------------------------------+ 
| 3. Full name of person(s)        |                                | 
| subject to the notification      | Aberforth Partners LLP         | 
| obligation:                      |                                | 
|                                  |                                | 
+----------------------------------+--------------------------------+ 
| 4. Full name of shareholder(s)   |  Shareholders Shares           | 
| (if different from 3.):          |                                | 
|                                  | 1.Aberforth Smaller Companies  | 
|                                  | Trust plc                      | 
|                                  | 4,668,866                      | 
|                                  | 2. Aberforth UK Small          | 
|                                  | Companies Fund                 | 
|                                  | 1,832,598                      | 
|                                  | 3. Aberforth Geared Capital &  | 
|                                  | Income Trust plc       878,273 | 
|                                  |                                | 
|                                  | All shares are registered in   | 
|                                  | the name of Nortrust Nominees  | 
|                                  | Ltd a/c Aberforth              | 
|                                  |                                | 
+----------------------------------+--------------------------------+ 
| 5. Date of the transaction and   |                                | 
| date on which the threshold is   | 29/04/2010                     | 
| crossed or reached:              |                                | 
|                                  |                                | 
+----------------------------------+--------------------------------+ 
| 6. Date on which issuer          |                                | 
| notified:                        | 30/04/2010                     | 
|                                  |                                | 
+----------------------------------+--------------------------------+ 
| 7. Threshold(s) that is/are      |                                | 
| crossed or reached:              | 10%                            | 
|                                  |                                | 
+----------------------------------+--------------------------------+ 
 
+---------------+-------------+------------+-------------+--------+------------+--------+----------+ 
| 8. Notified details:                                                                             | 
+--------------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares                                                              | 
|                                                                                                  | 
+--------------------------------------------------------------------------------------------------+ 
| Class/type    | Situation                | Resulting situation after the triggering              | 
| of            | previous                 | transaction                                           | 
| shares        | to the                   |                                                       | 
| if possible   | triggering               |                                                       | 
| using         | transaction              |                                                       | 
| the ISIN      |                          |                                                       | 
| CODE          |                          |                                                       | 
+               +--------------------------+-------------------------------------------------------+ 
|               | Number      | Number     | Number      | Number of           | % of  voting      | 
|               | of          | of         | of          | voting              | rights            | 
|               | Shares      | Voting     | shares      | rights              |                   | 
|               |             | Rights     |             |                     |                   | 
+               +             +            +-------------+---------------------+-------------------+ 
|               |             |            | Direct      | Direct | Indirect   | Direct | Indirect | 
+---------------+-------------+------------+-------------+--------+------------+--------+----------+ 
|  Ordinary     | 7,600,737   | 7,600,737  | 7,379,737   | N/A    | 7,379,737  | N/A    | 9.81     | 
+---------------+             +            +             +        +            +        +          + 
|  GB00B0315W65 |             |            |             |        |            |        |          | 
+---------------+-------------+------------+-------------+--------+------------+--------+----------+ 
 
+---------------+------------+--------------+---------------+-----------+ 
| B: Qualifying Financial Instruments                                   | 
+-----------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                  | 
|                                                                       | 
+-----------------------------------------------------------------------+ 
| Type of       | Expiration | Exercise/    | Number of     | % of      | 
| financial     | date       | Conversion   | voting        | voting    | 
| instrument    |            | Period       | rights that   | rights    | 
|               |            |              | may be        |           | 
|               |            |              | acquired if   |           | 
|               |            |              | the           |           | 
|               |            |              | instrument is |           | 
|               |            |              | exercised/    |           | 
|               |            |              | converted.    |           | 
|               |            |              |               |           | 
+---------------+------------+--------------+---------------+-----------+ 
|  N/A          | N/A        | N/A          | N/A           | N/A       | 
+---------------+------------+--------------+---------------+-----------+ 
 
+------------+----------+------------+------------+-------------+------------+-------+ 
| C: Financial Instruments with similar economic effect to                           | 
| Qualifying Financial Instruments                                                   | 
+------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                               | 
|                                                                                    | 
+------------------------------------------------------------------------------------+ 
| Type of    | Exercise | Expiration | Exercise/  | Number of   | % of               | 
| financial  | price    | date       | Conversion | voting      | voting             | 
| instrument |          |            | period     | rights      | rights             | 
|            |          |            |            | instrument  |                    | 
|            |          |            |            | refers to   |                    | 
+------------+----------+------------+------------+-------------+--------------------+ 
|  N/A       | N/A      | N/A        | N/A        | N/A         |  Nominal   |Delta  | 
|            |          |            |            |             |            |       | 
+            +          +            +            +             +------------+-------+ 
|            |          |            |            |             |  N/A       | N/A   | 
+------------+----------+------------+------------+-------------+------------+-------+ 
 
+------------------------------------+------------------------------+ 
| Total (A+B+C)                                                     | 
|                                                                   | 
+-------------------------------------------------------------------+ 
| Number of voting rights            | Percentage of voting rights  | 
+------------------------------------+------------------------------+ 
|  7,379,737                         |  9.81                        | 
+------------------------------------+------------------------------+ 
 
 
+-----------------------------------------------------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or  | 
| the                                                                         | 
| financial instruments are effectively held, if applicable:                  | 
+-----------------------------------------------------------------------------+ 
|  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:  |                                    | 
|                              |                                    | 
+------------------------------+------------------------------------+ 
| 14. Contact name:            |                                    | 
|                              | Pauline Robson, Aberforth Partners | 
|                              | LLP                                | 
+------------------------------+------------------------------------+ 
| 15. Contact telephone        |                                    | 
| number:                      | 0131 220 0733                      | 
|                              |                                    | 
+------------------------------+------------------------------------+ 
 
+--------------------------------------------------------------------+ 
| Annex: Notification of major interests in shares                   | 
+--------------------------------------------------------------------+ 
 
+------------------------------+------------------------------------+ 
| A: Identity of the persons or legal entity subject to the         | 
| notification obligation                                           | 
|                                                                   | 
+-------------------------------------------------------------------+ 
| Full name                    |                                    | 
| (Including legal form of     | Aberforth Partners LLP             | 
| legal entities)              |                                    | 
|                              |                                    | 
+------------------------------+------------------------------------+ 
| Contact Address              | Contact:                           | 
| (registered office for legal | 14 Melville Street, Edinburgh, EH3 | 
| entities)                    | 7NS                                | 
|                              | Registered Office:                 | 
|                              | Royal London House, 22-25 Finsbury | 
|                              | Square, London, EC2A 1DX           | 
|                              |                                    | 
+------------------------------+------------------------------------+ 
| Phone number & email         | 0131 220 0733                      | 
|                              | david.holland@aberforth.co.uk      | 
+------------------------------+------------------------------------+ 
| Other useful information     | Contact: David Holland             | 
| (at least legal              |                                    | 
| representative for legal     |                                    | 
| persons)                     |                                    | 
+------------------------------+------------------------------------+ 
 
+------------------------------+------------------------------------+ 
| B: Identity of the notifier, |                                    | 
| if applicable                |                                    | 
|                              |                                    | 
+------------------------------+------------------------------------+ 
| Full name                    | As above                           | 
|                              |                                    | 
+------------------------------+------------------------------------+ 
| Contact Address              | As above                           | 
+------------------------------+------------------------------------+ 
| Phone number & email         | As above                           | 
+------------------------------+------------------------------------+ 
| Other useful information     | As above                           | 
| (eg. Functional relationship |                                    | 
| with the person or legal     |                                    | 
| entity subject to the        |                                    | 
| notification obligation).    |                                    | 
|                              |                                    | 
+------------------------------+------------------------------------+ 
 
+--------------------------------------------------------------------+ 
| C: Additional information                                          | 
+--------------------------------------------------------------------+ 
| None.                                                              | 
+--------------------------------------------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 HOLURSNRRVASOAR 
 

Phoenix It (LSE:PNX)
Historical Stock Chart
From Jul 2024 to Aug 2024 Click Here for more Phoenix It Charts.
Phoenix It (LSE:PNX)
Historical Stock Chart
From Aug 2023 to Aug 2024 Click Here for more Phoenix It Charts.