TIDMIDA
RNS Number : 0802P
IdaTech PLC
18 March 2009
?
+-----------------------------------------+
| For filings with the FSA include the |
| annex |
| For filings with issuer exclude the |
| annex |
+-----------------------------------------+
+-----------------------------------------------------------------------------+
| TR-1: Notifications of Major Interests in Shares |
+-----------------------------------------------------------------------------+
+-----------------------------------------------+------------------------------+
| 1. Identity of the issuer or the underlying | Idatech Plc |
| issuer 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) subject to | Lagoon Overseas Limited |
| notification obligation: | |
+----------------------------------------+-------------------------------------+
| 4. Full name of shareholder(s) (if | N/A |
| different from 3): | |
+----------------------------------------+-------------------------------------+
| 5. Date of transaction (and date on | 13TH March 2009 |
| which the threshold is crossed or | |
| reached if different): | |
+----------------------------------------+-------------------------------------+
| 6. Date on which issuer notified: | 17th March 2009 |
+----------------------------------------+-------------------------------------+
| 7. Threshold(s) that is/are crossed or | <3% |
| reached: | |
+----------------------------------------+-------------------------------------+
+---------------+---------------+-----------+---------+---------------+----------+---------+----------+
| 8: Notified Details Share holding |
+-----------------------------------------------------------------------------------------------------+
| A: Voting rights attached to shares |
| |
+-----------------------------------------------------------------------------------------------------+
| Class/type of | Situation previous | Resulting situation after the triggering |
| shares | to the triggering | transaction |
| If possible | transaction | |
| use ISIN code | | |
+ +---------------------------+---------------------------------------------------------+
| | Number of | Number | Number | Number of voting | Percentage of |
| | shares | of | of | rights | voting rights |
| | | voting | shares | | |
| | | rights | | | |
+ + + + +--------------------------+--------------------+
| | | | | Direct | Indirect | Direct | Indirect |
+---------------+---------------+-----------+---------+---------------+----------+---------+----------+
| Ordinary | 1,500,000 | 1,500,000 | Nil | Nil | | Nil | |
| Shares | | | | | | | |
| GB00B1WTNQ84 | | | | | | | |
+---------------+---------------+-----------+---------+---------------+----------+---------+----------+
+---------------+---------------+---------------+----------------------+---------------+
| B: Financial Instruments |
| |
+--------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
| |
+--------------------------------------------------------------------------------------+
| Type of | Expiration | Exercise/ | No. of voting | Percentage of |
| financial | date | conversion | rights that | voting rights |
| instrument | | period/date | may be | |
| | | | acquired (if | |
| | | | the | |
| | | | instrument | |
| | | | exercised/converted) | |
+---------------+---------------+---------------+----------------------+---------------+
| | | | | |
+---------------+---------------+---------------+----------------------+---------------+
+--------------------------------------+--------------------------------------+
| Total (A+B) |
| |
+-----------------------------------------------------------------------------+
| Number of voting rights | Percentage of voting rights |
+--------------------------------------+--------------------------------------+
| 1,500,000 | |
+--------------------------------------+--------------------------------------+
+-----------------------------------------------------------------------------+
| 9. Chain of controlled undertakings through which the voting rights and /or |
| the financial instruments are effectively held, if applicable: |
+-----------------------------------------------------------------------------+
| N/A |
+-----------------------------------------------------------------------------+
+--------------------------------------+--------------------------------------+
| Proxy Voting: |
| |
+-----------------------------------------------------------------------------+
| 10. Name of proxy holder: | N/A |
| | |
+--------------------------------------+--------------------------------------+
| 11. Number of voting rights proxy | N/A |
| holder will cease to hold: | |
| | |
+--------------------------------------+--------------------------------------+
| 12. Date on which proxy holder will | N/A |
| cease to hold voting rights: | |
| | |
+--------------------------------------+--------------------------------------+
+--------------------------------------+---------------------------------------+
| 13. Additional information: | N/A |
| | |
+--------------------------------------+---------------------------------------+
| 14 Contact name: | N/A |
| | |
+--------------------------------------+---------------------------------------+
| 15. Contact telephone number: | N/A |
| | |
+--------------------------------------+---------------------------------------+
+-----------------------------------------------------------------------------+
| |
+-----------------------------------------------------------------------------+
+--------------------------------------+--------------------------------------+
| A: Identity of the person or legal entity subject to the notification |
| obligation |
| |
+-----------------------------------------------------------------------------+
| Full name (including legal form for | Lagoon Overseas Limited |
| entities) | |
| | |
+--------------------------------------+--------------------------------------+
| Contact address (registered office | c/o Investec Trust (Switzerland) |
| for legal entities) | S.A. |
| | 3 Place des Bergues, 1201, Geneva |
| | Switzerland |
+--------------------------------------+--------------------------------------+
| Phone number | +41 22 807 2000 |
| | |
+--------------------------------------+--------------------------------------+
| Other useful information (at least | Att: Paul Douglas |
| legal representative for legal | |
| persons) | |
+--------------------------------------+--------------------------------------+
+--------------------------------------+--------------------------------------+
| B: Identity of the notifier, if applicableXVII |
| |
+-----------------------------------------------------------------------------+
| Full name | |
| | |
+--------------------------------------+--------------------------------------+
| Contact address | |
| | |
+--------------------------------------+--------------------------------------+
| Phone number | |
| | |
+--------------------------------------+--------------------------------------+
| Other useful information (e.g. | |
| functional relationship wit the | |
| person or legal entity subject to | |
| the notification obligation) | |
+--------------------------------------+--------------------------------------+
+-----------------------------------------------------------------------------+
| Additional information |
| |
+-----------------------------------------------------------------------------+
| |
+-----------------------------------------------------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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