PROBABILITY PLC: TR-1: Notification of Major Interest In Shares

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     
Probability
which voting rights are attached:ii                                             
 plc    
                                                                                
        

2. Reason for the notification (please tick the appropriate box or boxes):      
         

An acquisition or disposal of voting rights                                     
        
                                                                                


    
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):                      Issue of new shares                 


     X  
                                                                                
        

3. Full name of person(s) subject to the notification obligation:iii     IPGL 
Limited   
                                                                                
        


                                                                     
Michael Alan    
                                                                        
Spencer      
                                                                             
    
4. Full name of shareholder(s)  (if different from 3.):iv                IPGL 
Limited    
                                                                             
    
5. Date of the transaction and date on which the threshold is crossed    20 
July 2012   
or reached: v                                                                    


        
                                                                                


    
6. Date on which issuer notified:                                       16 
January 2013  
                                                                             
    
7. Threshold(s) that is/are crossed or reached: vi, vii                    
Below 17%     
8. Notified details:
A: Voting rights attached to shares viii, ix 
Class/type of      Situation previous              Resulting situation after     
    
shares              to the triggering                   the triggering           


        
                       transaction                        transaction           
        
                                                                                


    
if possible using             Number                    Number            % of 
voting   
the ISIN CODE       Number      of     Number             of                
rights x     


                      of      Voting     of             voting                  
        
                    Shares    Rights   shares           rights                  
        
                                                                                
        


                                   Direct  Direct xi  Indirect xii  Direct 
Indirect  
                                                                             
    
Ordinary           4987028   4987028   4987028  4987028                 16.99%   


        


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.      
        
                                                                                
        

C: Financial Instruments with similar economic effect to Qualifying Financial   


    
Instruments xv, xvi                                                              


        
                                                                                


    
Resulting situation after the triggering transaction                             
     
Type of financial  Exercise Expiration    Exercise/    Number of voting    % of 
voting   
instrument      price    date xvii   Conversion   rights instrument  rights 
xix, xx  


                                        period xviii      refers to             
        
                                                                                
        
                                                                                
        
                                                                                
        


                                                                     
Nominal  Delta  
                                                                             


        

Total (A+B+C)                                                                   
        
        Number of voting rights                    Percentage of voting rights  
        
                                                                                
        
                4987028                                      16.99%             
        
                                                                                
        

9. Chain of controlled undertakings through which the voting rights and/or the  


    
financial instruments are effectively held, if applicable: xxi                   


        
                                                                                


    
Mr Spencer, together with Trusts for the benefit of his children of which he is  
    
one of joint trustees, own a majority shareholding in IPGL                       


        

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:                 
     
           Due to an oversight in the admin department the notification was 
not     
13. Additional submitted to the Issuer at the date of the transaction and 
subsequently  
information:   has been identified and issuer notified accordingly.              


        
                                                                                
        
                                                                                


    
14. Contact                                 Michelle Mooney                      
    
name:                                                                            


        
                                                                                


    
15. Contact                                                                      
    
telephone                                    020 7550 8525                       
    
number:                                                                          


        
                                                                                
        

Note: Annex should only be submitted to the FSA not the issuer                  
        
                                                                                


    
Annex: Notification of major interests in sharesxxii                             
     
A: Identity of the persons or legal entity subject to the notification
obligation 
Full name                                                                        
    
(including legal form of legal entities)                                         


        
                                                                                


    
Contact address                                                                  
    
(registered office for legal entities)                                           


        
                                                                                


    
Phone number & email                                                             


        
                                                                                


    
Other useful information                                                         
    
(at least legal representative for legal persons)                                


        

B: Identity of the notifier, if applicable

Full name                                                                       
        
                                                                                


    
Contact address                                                                  


        
                                                                                


    
Phone number & email                                                             


        
                                                                                


    
Other useful information(e.g. functional relationship with the person or legal   
    
entity subject to the notification obligation)                                   
     
C: Additional information                                                        
     
For notes on how to complete form TR-1 please see the FSA website. 
END 
-0- Jan/18/2013 13:47 GMT
 
 
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