Phoenix IT Group PLC PNX Holding(s) in Company

  Phoenix IT Group PLC (PNX) - Holding(s) in Company

RNS Number : 9389O
Phoenix IT Group PLC
17 October 2012






TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES^i
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are           Phoenix IT Group Plc
attached:  ^ii
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights                              ü
An acquisition or disposal of qualifying financial instruments which
may result in the acquisition of shares already issued to which
voting rights are attached
An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):
3. Full name of person(s) subject to the              Schroders plc
notification obligation:  ^iii
4. Full name of shareholder(s)
(if different from 3.):^iv
5. Date of the transaction and date on
which the threshold is crossed or                       16.10.12
reached: ^v
6. Date on which issuer notified:                       17.10.12
7. Threshold(s) that is/are crossed or                  Above 5%
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

if possible  Number           Number       Number    Number of voting % of voting
using        of               of           of shares rights           rights ^x
the ISIN     Shares           Voting       Direct    Direct Indirect  Direct Indirect
CODE                          Rights                 ^xi    ^xii
  Ordinary
GB00B0315W65

                   2,720,000    2,720,000 5,920,000    N/A 5,920,000    N/A   7.854%
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 rights that may be    rights
                                  ^xiv              acquired if the
                                                    instrument is
                                                    exercised/ converted.
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments ^xv, xvi
Resulting situation after the triggering transaction
Type of       Exercise    Expiration Exercise/    Number of       % of voting rights
financial     price       date ^xvii Conversion   voting rights   ^xix, xx
instrument                           period       instrument
                                     ^xviii       refers to       

                                                  
                                                                 Nominal      Delta

                                                  
Total (A+B+C)
Number of voting rights                           Percentage of voting rights
5,920,000                                         7.854%



9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: ^xxi
Schroder Investment Management Limited 5,920,000 7.854%
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            The shares referred to in section 9 are held in
information:              portfolios managed by those firms on a discretionary
                          basis for clients under investment management
                          agreements.
                                                   
14. Contact name:
                                              Liz Friedman
15. Contact telephone                              
number:
                                             020 7658 6000



                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


HOLUBOVRUVARAAA -0- Oct/17/2012 15:42 GMT
 
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