23rd Jul 2007 09:44
IP Group PLC23 July 2007 TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached (ii): IP Group Plc 2. Reason for the notification (please state Yes/No): ( ) An acquisition or disposal of voting rights: (YES) An acquisition or disposal of financial instruments which may result in theacquisition 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 obligation (iii): BlueCrest Capital Management Limited BlueCrest Capital Management L.P 4. Full name of shareholder(s) (if different from 3.) (iv): MORSTAN NomineesLehman Brothers International Europe 5. Date of the transaction (and date on which the threshold is crossed orreached if different) (v): 18 July 2007 6. Date on which issuer notified: 19 July 2007 7. Threshold(s) that is/are crossed or reached: Fall from 3.1% to 1.7% 8. Notified details: A: Voting rights attached to shares Class/type of shares if possible using Situation previous to the Triggeringthe ISIN CODE transaction (vi) Number of Number of voting Rights shares (viii) Ordinary SharesGB00B128J450 7,833,675 7,833,675 Resulting situation after the triggering transaction (vii) Class/type of shares if Number of Number of voting % of votingpossible using the ISIN CODE shares rights (ix) rights Direct Direct Indirect Direct Indirect (x) (xi) 4,333,675 4,333,675 1.7% B: Financial Instruments Resulting situation after the triggering transaction (xii) Type of Expiration Exercise/ Number of voting rights that may % offinancial Date Conversion be acquired if the instrument is votinginstrument (xiii) Period/ Date exercised/ converted. rights (xiv) N/A Total (A+B)Number of voting rights % of voting rights 4,333,675 1.7% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable (xv): BlueCrest Capital Management Limited indirectly controls the voting rights in IP Group Plc as a result of being the general partner of BlueCrest Capital Management LP which is the investment manager of a number of funds. Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: N/A 12. Date on which proxy holder will cease to hold voting rights: N/A 13. Additional information: N/A 14. Contact name: Alan Aubrey 15. Contact telephone number: 0845 074 2929 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Ip Group