TIDMPON
TR-1 (i) NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which
voting rights are attached (ii):
PSION PLC - GB00BOD5VH57
2. Reason for the notification State
Yes/No
An acquisition or disposal of voting rights YES
An acquisition or disposal of financial instruments NO
which may result in the
acquisition of shares already issued to which voting
rights are attached
An event changing the breakdown of voting rights NO
Other (please specify):
3. Full name of person(s) subject to the notification Sterling Strategic Value
obligation (iii): Limited
4. Full name of shareholder(s) (if different from 3.)
(iv):
5. Date of the transaction (and date on which the 16 September 2009
threshold is crossed
or reached if different) (v):
6. Date on which issuer notified: 21 September 2009
7. Threshold(s) that is/are crossed or reached: 6%
8. Notified details:
A: Voting rights attached to shares
Class/type of Situation previous Resulting situation after the triggering
shares to transaction (vii)
if possible the Triggering
using the transaction (vi)
ISIN CODE
Number Number Number Number of voting % of voting
of of of rights (ix) rights
Shares Voting shares
Rights
(viii)
Direct Direct Indirect Direct Indirect
(x) (xi)
ORDINARY 9,187,809 9,187,809 7,595,127 7,595,127 5.40%
SHARES GBP
GB00B0D5VH57
B: Financial Instruments
Resulting situation after the triggering transaction (xii)
Type of Expiration Exercise/ Number of voting % of
financial date (xiii) Conversion rights that may be voting
instrument Period/ Date (xiv) acquired if the rights
instrument
is exercised/
converted
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 %of
financial price date (xiii) voting voting voting
instrument Conversion rights rights rights
Period/ instrument
Date (xiv) refers to
Nominal Delta
Total (A+B)
Number of voting rights % of voting rights
7,595,127 5.40%
9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable (xv):
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will
cease to hold:
12. Date on which proxy holder will cease to
hold voting rights:
13. Additional information:
14. Contact name: Louise Meads - Company
Secretary
15. Contact telephone number: +44 20 3008 5158
END
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