RNS Number:1276G
Cardpoint PLC
22 October 2007



                                                                    

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:

Cardpoint 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:

North Atlantic Value LLP (as investment advisor/manager)
 

4. Full name of shareholder(s) (if different from 3.):


1.  North Atlantic Smaller Companies Investment Trust PLC

2.  Oryx International Growth Fund Limited

3.  North Atlantic Value LLP (as investment adviser to Trident North Atlantic 
    Fund which is listed on the Irish Stock Exchange)

4.  North Atlantic Value LLP (as Investment manager/adviser to other fund 
    management clients)


 

5. Date of the transaction and date on which the threshold is crossed or reached
if different):

18 OCTOBER 2007
 

6. Date on which issuer notified:

22 OCTOBER 2007
 

7. Threshold(s) that is/are crossed or reached:

THROUGH 18%
 


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 SHARES
SEDOL: 3158757
HOLDER 1               5,000,000              5,000,000
HOLDER 2               3,750,000              3,750,000
HOLDER 3               4,350,000              4,350,000
HOLDER 4               6,790,348              6,790,348


 

                     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     Indirect        Direct    Indirect  
HOLDER 1             5,000,000         5,000,000                  5.36% 
HOLDER 2             3,750,000         3,750,000                  3.35%
HOLDER 3             4,350,000         4,350,000                  3.88%
HOLDER 4             6,790,000         6,790,000                  6.06%
                                                     TOTAL       18.65%

 

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 
20,690,000                    18.65%   

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:


 


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:

NORTH ATLANTIC VALUE LLP IS THE INVESTMENT MANAGER/ADVISOR IN RESPECT OF THE
FULL 18.65% HOLDING AS IT IS INVESTMENT MANAGER/ADVISER TO HOLDERS 1, 2 AND 3 AS
WELL AS THE OTHER CLIENTS INCLUDED IN HOLDER 4.

 

14. Contact name:

JENNY HOGG
 

15. Contact telephone number:

020 7747 5881


 


                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

HOLILFSVIVLFFID

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