23rd Jan 2009 15:00
.
SCHEDULE 11
NOTIFICATION OF INTERESTS OF PDMR AND CONNECTED PERSONS
1. Name of company
Xchanging plc
2. Name of PDMR
Tom Tinsley
3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18 or in respect of a non-beneficial
interest
Notification in respect of a holding by PDMR's Connected Person
4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them (if notified)
GapStar, LLC
5. Please state whether notification relates to a person(s) connected with the
PDMR named in 2 above and identify the connected person(s)
Notification relates to a connected person of PDMR: GapStar, LLC
6. Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary
Pledge of 1,563,467 ordinary shares in Xchanging plc by GapStar, LLC
7. Number of shares / amount of stock acquired
N/A
8. Percentage of issued class
N/A
9. Number of shares/amount of stock disposed
N/A
10. Percentage of issued class
N/A
11. Class of security
Ordinary shares of 5 pence each
12. Price per share
N/A
13. Date of transaction
N/A
14. Date company informed
22 January 2009
15. Total holding following this notification
GapStar, LLC owns 1,563,467 ordinary shares of Xchanging plc.
The other entities in the General Atlantic private equity group own 37,529,613 ordinary shares. The allocation of ordinary shares among the General Atlantic entities is as follows:
|
GAP-Xchange Partners, LLC, SCA |
5,144,897 |
|
General Atlantic Partners (Bermuda), L.P. |
22,614,189 |
|
General Atlantic Partners 55, L.P. |
3,061,988 |
|
GAP-W International, L.P. |
399,031 |
|
GapStar, LLC |
1,563,467 |
|
GAP Coinvestment Partners, L.P. |
1,884,941 |
|
GAP Coinvestment Partners II, L.P. |
4,421,863 |
|
GAPCO GmbH & Co. KG |
2,704 |
|
Total |
39,093,080 |
16. Total percentage holding of issued class following this notification
GapStar LLC's ordinary shares represent 0.71% of Xchanging plc's outstanding shares.
The ordinary shares owned by the other entities in the General Atlantic private equity group represent 17.81% of Xchanging plc's outstanding shares. The allocation of ownership among the General Atlantic entities is as follows:
|
GAP-Xchange Partners, LLC, SCA |
2.34% |
|
General Atlantic Partners (Bermuda), L.P. |
10.30% |
|
General Atlantic Partners 55, L.P. |
1.40% |
|
GAP-W International, L.P. |
0.18% |
|
GapStar, LLC |
0.71% |
|
GAP Coinvestment Partners, L.P. |
0.86% |
|
GAP Coinvestment Partners II, L.P. |
2.01% |
|
GAPCO GmbH & Co. KG |
0.00% |
|
Total |
17.81% |
If a PDMR has been granted options by the company please complete the
following boxes.
17. Date of grant
N/A
18. Period during which or date on which exercisable
N/A
19. Total amount paid (if any) for grant of the option
N/A
20. Description of shares or debentures involved: class, number
N/A
21. Exercise price (if fixed at time of grant) or indication that price is to be
fixed at time of exercise
N/A
22. Total number of shares or debentures over which options held following this
notification
N/A
23. Any additional information
24. Name of contact and telephone number for queries
Gary Whitaker - 020 7780 6999
25. Name and signature of authorised company official responsible for making
this notification
Gary Whitaker
Company Secretary
Date of Notification
23 January 2009
Related Shares:
XCH.L