19th Jul 2007 14:53
Xchanging PLC19 July 2007 TR-1: Notifications of Major Interests in Shares 1. Identity of the issuer or the underlying issuer of existing shares to whichvoting rights are attached: Xchanging PLC 2. Reason for the notification (please place an X inside the appropriate bracket/s): An acquisition or disposal of voting rights: ( X ) 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 notification obligation: ReachCapital Management, LLC 4. Full name of shareholder(s) (if different from 3) : ................. 5. Date of transaction (and date on which the threshold is crossed or reached ifdifferent): July 17, 2007 6. Date on which issuer notified: July 19, 2007 7. Threshold(s) that is/are crossed or reached: 3% 8. Notified Details: A: Voting rights attached to shares Class/type of shares if possible Situation previous to the triggering transactionuse ISIN CODE Number of shares Number of voting rights Ordinary 6,258,074 6,258,074 Resulting situation after the triggering transactionClass/type of shares if Number of shares Number of voting rights % of voting rightspossible use ISIN CODE Direct Indirect Direct Indirect Ordinary 6,231,882 2.95% B: Financial Instruments Resulting situation after the triggering transaction Type of Expiration date Exercise/conversion No. of voting rights that % of voting rightsfinancial period/date may be acquired (if theinstrument instrument exercised/ converted) Total (A+B)Number of voting rights % of voting rights 6,231,882 2.95% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable : ................. Proxy Voting: 10. Name of proxy holder: ReachCapital Management, LLC 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: Exiting major shareholder reporting 14. Contact name: Steven Mecca 15. Contact telephone number: ...914-899-3665 For notes on how to complete form TR-1 please see the FSA website. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
XCH.L