19th Apr 2007 10:29
Enova Systems, Inc.19 April 2007 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES (1). Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: ENOVA SYSTEMS INC 2. Reason for the notification (please state Yes/No): ( ) 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 obligation: GAM INTERNATIONAL MANAGEMENT LTD 4. Full name of shareholder(s) (if different from 3.): N/A 5. Date of the transaction and date on which the threshold is crossed or reachedif different): 03 APRIL 2007 6. Date on which issuer notified: 10 APRIL 2007 7. Threshold(s) that is/are crossed or reached: 10% (PLACING) 8. Notified details: A: Voting rights attached to shares Class/type of shares Situation previous to if possible using the the Triggering ISIN CODE transaction Number of shares Number of voting Rights ORDINARY NIL Resulting situation after the triggering transaction Class/type of shares Number of shares Number of voting rights % of voting rights if possible using the ISIN CODE Direct Direct Indirect Direct Indirect 1,514,275.00 10.22% B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration Date Exercise/Conversion Number of voting % of voting financial Period/ Date rights that may be rights instrument acquired if the instrument is exercised/ converted. Total (A+B)Number of voting rights % of voting rights 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: GAM INTERNATIONAL MANAGEMENT LIMITED IS THE DISCRETIONARY INVESTMENT MANAGERFOR THE FOLLOWING FUNDS/HOLDINGS FUND NAME LAST/TRADE DATE NOMINAL % OF ISSUEGAM UK DIVERSIFIED 03-APR-2007 747,275.00 5.044GAM EXEMPT TRUST - UK OPPORTUNITIES 03-APR-2007 263,800.00 1.781ST JAMES'S PLACE RECOVERY UNIT TRUST 03-APR-2007 503,200.00 3.396 TOTALS 1,514,275.00 10.221 Proxy Voting: 10. Name of the proxy holder: INSTITUTIONAL SHAREHOLDER SERVICES 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 information: 14. Contact name: 15. Contact telephone number: Annex Notification Of Major Interests In Shares A: Identity of the person or legal entity subject to the notification obligation Full name (including legal form for legal entities): GAM INTERNATIONAL MANAGEMENT LIMITED Contact address (registered office for legal entities): 12 ST JAMES'S PLACE, LONDON, SW1A INX Phone number: 020 7493 9990 Other useful information (at least legal representative for legal persons): FIONA NEWLANDS B: Identity of the notifier, if applicable Full name: ELLE YOUNG Contact address: AS ABOVE Phone number: 020 7917 2511 Other useful information (e.g. functional relationship with the person or legalentity subject to the notification obligation): C: Additional information : This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Enova Systems Inc