RNS Number : 3472L
  Timestrip PLC
  08 January 2009
   
    Form TR-1 with annex. FSA Version 2.1 updated April 2007


 TR-1: Notifications of Major Interests in Shares


 1. Identity of the issuer or the underlying issuer    Timestrip plc
 of existing shares to which voting rights are
 attached:

 2. Reason for notification (yes/no)

 An acquisition or disposal of voting rights                                          X

 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)       Morgan Stanley (Institutional Securities Group and Global Wealth
 subject to notification         Management)
 obligation:

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

 5. Date of transaction (and     2 January 2009
 date on which the threshold is
 crossed or reached if
 different):

 6. Date on which issuer         5 January 2009
 notified:
                                  
 7. Threshold(s) that is/are     4%
 crossed or reached:

 8: Notified Details
 A: Voting rights attached to shares

 Class/type of shares       Situation previous to the triggering        Resulting situation after the triggering transaction
 If possible use ISIN code  transaction
                            Number of shares      Number of voting      Number of shares  Number of voting rights    Percentage of voting
                                                  rights                                                             rights

                                                                                          Direct      Indirect       Direct        Indirect
 Ordinary shares            Below 3%              Below 3%              18,525,000        18,525,000                 4.59%
 GB00B067M199

 B: Financial Instruments

 Resulting situation after the triggering transaction

 Type of financial instrument  Expiration date  Exercise/ conversion  No. of voting rights  Percentage of voting
                                                period/date           that may be acquired  rights
                                                                      (if the instrument
                                                                      exercised/converted)
 N/A                           N/A              N/A                   N/A                   N/A



 Total (A+B)

 Number of voting rights  Percentage of voting rights
 18,525,000               4.59%


 9. Chain of controlled undertakings through which the voting rights and /or
 the financial instruments are effectively held, if applicable:
 Morgan Stanley Securities Ltd, 18,525,000 voting rights, 4.59%

 Proxy Voting:

 10. Name of 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:             Paul Freedman, Joint CEO, Timestrip plc  

 15. Contact telephone name:  01462 440 700



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