REG-Payzone plc Holding(s) in Company

Released: 08/10/2009

com:20091008:RnsH4727A
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RNS Number : 4727A  
  
Payzone plc  
  
08 October 2009  
  
TR-1: notification of major interests in shares   
  
 
  1. Identity of the issuer or the underlying issuer of         Payzone Plc                                             
  existing shares to which voting rights are attached:                                                                  
  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         Cycladic Capital LLP                                    
  obligation:                                                   Cycladic Catalyst Master Fund                           
  4. Full name of shareholder(s) (if different from 3.):        Goldman Sachs Securities (Nominees) Limited             
                                                                The Bank of New York (Nominees) Limited                 
  5. Date of the transaction (and date on which the threshold   October 07, 2009                                        
  is crossed or reached if different):                                                                                  
  6. Date on which issuer notified:                             October 08, 2009                                        
  7. Threshold(s) that is/are crossed or reached:               CC LLP3%                                                
                                                                                                                        
  8. Notified details:                                                                                                  
  
  
 
  A: Voting rights attached to shares                                                                                                                                      
  Class/type of shares               Situation previous to the Triggering transaction          Resulting situation after the triggering transaction                        
  if possible using the ISIN CODE                                                                                                                                          
                                     Number of Shares           Number of Voting Rights viii   Number of shares   Number of voting rights ix      % of voting rights       
                                                                                               Direct             Direct  x       Indirect xi     Direct       Indirect    
  IE00B282W057                       14,083,554                 14,083,554                                                        12,646,192                   2.87%       
  ORDINARY SHARES                                                                                                                                                          
                                                                                                                                                                           
  
  
 
  B: Financial Instruments                                                                                                                                               
  Resulting situation after the triggering transaction xii                                                                                                               
  Type of financial instrument   Expiration date xiii   Exercise/ Conversion Period/ Datexiv   Number of voting rights that may be acquired if the   % of voting rights  
                                                                                               instrument is exercised/ converted.                                       
  N/A                            N/A                    N/A                                    N/A                                                   N/A                 
  
  
 
  Total (A+B)                                   
  Number of voting rights   % of voting rights  
                                                
  12,646,192                2.87%               
  
  
 
  9. Chain of controlled undertakings through which the      
  voting rights and/or the financial instruments are         
  effectively held, if applicable xv:                        
                                                             
                                                             
  Cycladic Capital LLP is the manager of the Cycladic        
  Archipelago Fund (<3% interest) and a managed account for  
  RIT Capital Partners plc (<3% interest).  The shares are   
  held by Goldman Sachs Securities (Nominees) Limited and    
  The Bank of New York (Nominees) Limited as nominees.  As   
  manager, Cycladic Capital LLP can direct the votes in      
  relation to all of those shares.                           
                                                             
  
  
 
  Proxy Voting:                                                      
  10. Name of the proxy holder:                              N/A     
  11. Number of voting rights proxy holder will cease to     N/A     
  hold:                                                              
  12. Date on which proxy holder will cease to hold voting   N/A     
  rights:                                                            
  
  
 
  13. Additional information:                           
  14. Contact name:               Jess Higham           
  15. Contact telephone number:   +44 (0) 20 7629 7348  
  
  
 
This information is provided by RNS  
  
The company news service from the London Stock Exchange  
  
  END  
  
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