12th Nov 2007 12:27
Xchanging PLC12 November 2007 TR-1: Notification of Major Interests in Shares 1. Identity of the issuer or Xchanging Plcthe underlying issuer ofexisting shares to whichvoting rights are attached 2. Reason for the notification (please tick the appropriate box or boxes) X An acquisition or disposal ofvoting rights An acquisition or disposal offinancial instruments whichmay result in the acquisitionof shares already issued towhich voting rights areattached An event changing thebreakdown of voting rightsOther (please specify): 3. Full name of person(s)subject to the notificationobligation Fidelity International Limited (FIL) 4. Full name of shareholder(s) (if different from 3.) See attached schedule 5. Date of the transaction(and date on which thethreshold is crossed orreached if different) 05 November 2007 6. Date on which issuernotified 07 November 2007 7. Threshold(s) that is/are crossed or reached: 13% 8: Notified Details A: Voting rights attached to sharesClass/type of shares Situation previous to the Resulting situation after the triggering transaction Triggering transaction Number of Number of Number of Number of Voting Rights % of Voting Shares Voting Shares Rights RightsIf possible using the Direct Direct Indirect Direct IndirectISIN CODE ISIN 19,575,105 19,575,105 29,953,985 13.94% GB00B1VK7X76 B. Financial InstrumentsResulting situation after the triggering transactionType of Expiration Date Exercise/Conversion Number of Voting Rights % of Voting RightsFinancial Period/Date that may be acquired ifInstrument the instrument is exercised/converted Total (A+B)Number of Voting Rights % of Voting Rights 29,953,985 13.94% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectivelyheld, if applicable See attached schedule Proxy Voting:10. Name of the proxy holder: Fidelity International Limited (FIL) 11. Number of voting rights proxy holder will acquire to hold: 19,575,105 shares 12. Date on which proxy holder will acquire to hold voting rights: 05 November 2007 13. Additional information: 14. Contact Name David Merryweather 15. Contact: [email protected] Annex to Notification of Major Interests in Shares A: Identity of the person or legal entity subject to the notification obligationFull name (including legal form for legal Fidelity International Limited (FIL)entities)Contact address (registered office for legal Pembroke Hall, 42 Crow Lane, Pembroke, HM19entities) BermudaPhone number 01737 837149Other useful information (at least legal Company Secretaryrepresentative for legal persons) B: Identity of the notifier, if applicableFull name Fidelity Investments InternationalContact address Windmill Court XTW2B, Millfield Lane, Lower Kingswood, Tadworth, Surrey KT20 6RBPhone number 01737 837149Other useful information (e.g. functional Authorised to make this filing under power ofrelationship with the person or legal entity attorneysubject to the notification obligation) C: Additional information FIL Issuer name: XCHANGING Current ownership 13.94%percentage: Total shares held: 29,953,985 Issued voting right 214,799,304capital: SHARES HELD NOMINEE MANAGEMENT COMPANY Fidelity International 231,500 BANK OF NEW YORK BRUSSELS FPMLimited (FIL) is theparent holding company for 6,638,728 BROWN BROS HARRIMN LTD LUX FILvarious direct andindirect subsidiaries, including 182,200 BROWN BROTHERS HARRIMAN AND CO FIJFidelity Fund Management Limited (FFML), Fidelity 1,541,183 JP MORGAN, BOURNEMOUTH FIIInvestment Services Ltd (FISL), Fidelity Gestion 781,100 JP MORGAN, BOURNEMOUTH FIL(FIGEST), Fidelity Investments Advisory 19,209,574 JP MORGAN, BOURNEMOUTH FISL(Korea) Limited (FIAKL), Fidelity Investments 1,115,600 NORTHERN TRUST LONDON FPMManagement (Hong Kong) Limited (FIMHK), Fidelity 254,100 STATE STR BK AND TR CO LNDN (S FPMPension Management (FPM), FidelityInvestments Japan (FIJ)and FidelityInvestments International(FII), investmentmanagersfor various non-USinvestment companies and institutional clients. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
XCH.L