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Psion PLC (PON)

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Tuesday 19 June, 2012

Psion PLC

Holding(s) in Company - AMENDMENT


For filings with the FSA include the annex                                              
                                                                                        
For filings with issuer exclude the annex                                               
                                                                                        
                                                                                        
                                                                                        
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are                                  PSION PLC     
attached:ii                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                          Yes
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result       No 
in the acquisition of shares already issued to which voting rights are attached         
                                                                                        
An acquisition or disposal of instruments with similar economic effect to             No 
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                      No 
                                                                                        
Other (please specify):                                                              n/a
                                                                                        
3. Full name of person(s) subject to the                Sterling Strategic Value Limited
notification obligation:iii                                                             
                                                                                        
4. Full name of shareholder(s)                                                          
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                                      15 JUNE 2012
which the threshold is crossed or                                                       
reached: v                               (date of December 2011 on previous announcement
                                                                              incorrect)
                                                                                        
                                                                            18 JUNE 2012
6. Date on which issuer notified:                                                       
                                         (date of December 2011 on previous announcement
                                                                              incorrect)
                                                                                        
7. Threshold(s) that is/are crossed or                     14%, 13%, 12%,11%, 10% and 9%
reached: vi, vii                                                                        
                                                                                        


 

8. Notified details:                                                                        
                                                                                            
A: Voting rights attached to shares viii, ix                                                
                                                                                            
Class/type   Situation previous           Resulting situation after the triggering          
of           to the triggering            transaction                                       
shares       transaction                                                                    
                                                                                            
             Number           Number      Number     Number of voting    % of  voting rights
if possible  of               of          of shares  rights              x                  
using        Shares           Voting                                                        
the ISIN                      Rights      Direct     Direct xi  Indirect Direct  Indirect   
CODE                                                            xii                         
                                                                                            
Ordinary                                                                                    
Shares                                                                                      
             21,044,755       21,044,755  12,480,858 12,480,858          8.87%              
ISIN:                                                                                       
GB00B0D5VH57                                                                                
                                                                                            
                                                                                            
                                                                                            
B: Qualifying Financial Instruments                                                         
                                                                                            
Resulting situation after the triggering transaction                                        
                                                                                            
Type of financial  Expiration  Exercise/              Number of voting          % of voting 
instrument         date xiii   Conversion Period xiv  rights that may be        rights      
                                                      acquired if the                       
                                                      instrument is                         
                                                      exercised/ converted.                 
                                                                                            
N/A                                                                                         
                                                                                            
                                                                                            
                                                                                            
C: Financial Instruments with similar economic effect to Qualifying Financial               
Instruments xv, xvi                                                                         
                                                                                            
Resulting situation after the triggering transaction                                        
                                                                                            
Type of       Exercise price  Expiration Exercise/   Number of voting      % of voting      
financial                     date xvii  Conversion  rights instrument     rights xix, xx   
instrument                               period      refers to                              
                                         xviii                                              
                                                                                            
                                                                                            
                                                                           Nominal Delta     
N/A                                                                                         
                                                                                            
                                                                                            
                                                                                            
                                                                                            
Total (A+B+C)                                                                               
                                                                                            
Number of voting rights                          Percentage of voting rights                
                                                                                            
12,480,858                                       8.87%                                      
                                                                                            


 

9. Chain of controlled undertakings through which th voting rights and/or the           
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                        N/a
                                                                                        
11. Number of voting rights proxy holder will cease                                     
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                                       
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                        
                              This announcement corrects the previous announcement which
13. Additional information:     contained incorrect dates for date threshold crossed and
                                                                   date issuer notified.
                                                                                        
14. Contact name:                                        Louise Meads, Company Secretary
                                                                                        
15. Contact telephone number:                                              020 7025 6862