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Holding(s) in Company

7th Jan 2005 07:00

ITIS Holdings PLC07 January 2005 ITIS HOLDINGS PLC (the 'Company') Holding in Company On 6th January 2005, the Company was informed by Peder Smedvig Capital AS('Smedvig') that, as at that date and following the purchase of 250,000ordinary shares of 2p each in the Company ('Ordinary Shares'), Smedvig had an interest in 11,495,212 Ordinary Shares representing approximately 11.94 per centof the Ordinary Shares in issue. Smedvig is represented on the board of the Company by John Hewett, a non-executive director. Mr Hewett holds 150,000 Ordinary Shares in addition toSmedvig's shareholding. ContactAndrew Forrest 0161 927 3600Finance Director This information is provided by RNS The company news service from the London Stock Exchange

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