Holding(s) in Company

RNS Number : 9320X

Parity Group PLC

30 June 2008

 



TR-1: Notifications of Major Interests in Shares

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

Parity Group Plc

2. Reason for notification (yes/no)

An acquisition or disposal of voting rights

YES

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) subject to notification obligation:

North Atlantic Value LLP (as investment manager/adviser) & the Swinstead Family

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

Oryx International Growth Fund Limited North Atlantic Value LLP (as Investment Manager/Adviser to other fund management clients) The Swinstead Family

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

26 June 2008

6. Date on which issuer notified:

30 June 2008

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

Individual holding of Holder (i) through, 10%, 11%, 12%, 13%, 14% and 15% Total holding of all parties through 19%

8: Notified Details

A: Voting rights attached to shares

Class/type of shares If possible use ISIN code

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of shares

Number of voting rights

Number of shares

Number of voting rights

Percentage of voting rights

Direct

Indirect

Direct

Indirect

Ordinary Shares Sedol: B123586 Holder 1:                  1,705,306    1,705,306  5,909,309  5,909,309                            15.54% Holder 2:                     551,768       551,768                 -               -                                    0% Holder 3:                  1,330,050    1,330,050  1,330,050 1,330,050                               3.51%                                                                                                                     TOTAL - 19.05%

B: Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date

Exercise/ conversion period/date

No. of voting rights that may be acquired (if the instrument exercised/converted)

Percentage of voting rights

Total (A+B)

Number of voting rights

Percentage of voting rights

7,239,359

19.05%

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

Not applicable

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:

Bonita Guntrip

15. Contact telephone name:

020 7747 5681

 

END

 

 

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