18th Apr 2008 16:14
Imagination Technologies Group PLC18 April 2008 TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES (1). Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: Imagination Technologies 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 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: 1. Awal Bank BSC 2. Awal Trust Company Ltd (as parent undertaking of Awal Bank BSC) 3. Maan Abdulwahed Al-Sanea (as parent undertaking of Awal Bank BSC) 4. Full name of shareholder(s) (if different from 3.): Vidacos Nominees Limited, LBPB Nominees Ltd, Credit Suisse Client Nominees (UK) Ltd 5. Date of the transaction and date on which the threshold is crossed or reached if different): April 15th, 2008 6. Date on which issuer notified: April 18th, 2008 7. Threshold(s) that is/are crossed or reached: 1. Awal Bank BSC (12%) 2. Awal Trust Company Ltd (12%) 3. Maan Abdulwahed Al-Sanea (20%) 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 OrdinaryISINGB0009303123 1. Awal Bank 24,361,983 11.13% 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 OrdinaryISINGB0009303123 1. Awal Bank 26,612,775 Nil 26,612,775 Nil 20.08% 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. N/A Total (A+B)Number of voting rights % of voting rights 44,026,774 20.08% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: Maan Abdulwahed Al-Sanea is subject to a notification obligation pursuant to DTR 5.2.1(e) as the "parent undertaking" of Awal Bank B.S.C., the entity that indirectly holds 26,612,775 (12.14%) shares, through Vidacos Nominees Ltd. Awal Bank B.S.C. is indirectly owned by Awal Trust Company Limited ("ATCL") as trustee of the Saad STAR Trust (the "Trust"). ATCL is therefore subject to a notification obligation pursuant to DTR 5.2.1(e) as a "parent undertaking" of Awal Bank B.S.C. 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 information: 14. Contact name: Christopher C. Hart 15. Contact telephone number: +41 22 715 0303 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Imagination Technologies Group