Holding(s) in Company

RNS Number : 1812N

Ten Alps PLC

07 June 2010

 



TR-1:               notification of major interests in shares

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:	Ten Alps Plc
2. Reason for the notification     (please tick the appropriate box or boxes)
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) subject to the notification obligation:	Herald Investment Management Limited
4. Full name of shareholder(s) (if different from 3.):	(1) Herald Ventures Limited Partnership, (2) Herald Ventures Limited Partnership II, (3) Herald Ventures Limited Partnership III, (4) Herald Investment Trust Plc (in the name of Bank of New York (OCS Nominees Limited)
5. Date of the transaction (and date on which the threshold is crossed or reached if different):	4th June 2010
6. Date on which issuer notified:	7th June 2010
7. Threshold(s) that is/are crossed or reached:	11%, 12%, 13% 14%
8. Notified details:

A: Voting rights attached to shares
Class/type of shares  if possible using the 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		% of voting rights
			Indirect	Direct	Indirect	Direct	Indirect
GB0030646722	7,485,343 (10.67%)	7,485,343	10,828,028 (14.67%)		10,828,028		14.67%

B: Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion  Period/ Date	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights
None				Nil

Total (A+B)
Number of voting rights	% of voting rights
10,828,028	14.67%

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

Herald Investment Management Limited, a discretionary investment manager, is the parent undertaking of an investment management business.

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:	Andrew Miller
15. Contact telephone number:	020 7553 6308

Annex 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)	Herald Investment Management Limited
Contact address (registered office for legal entities)	10/11 Charterhouse Square London  EC1M 6EE
Phone number	020 7553 6308
Other useful information (at least legal representative for legal persons)	Andrew Miller

B:        Identity of the notifier, if applicable
Full name	See Above
Contact address
Phone number
Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)

C:        Additional information

In accordance with the FSA's LIST Issue 14 Paragraph 3.13 we have used the company's notification of the total number of ordinary shares in issue (73,791,012) made on 10 May 2010 through RNS number 55665L to calculate the percentage of voting rights after the triggering transaction.

 

END

 

 

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