HOR Horizon Tech.

    RNS Number : 4570Y
  Horizon Technology Group PLC
  07 July 2008
   

    
notification of major interests in shares 

 1. Identity of the issuer or the                Horizon Technology Group Plc 
 underlying issuer of existing shares to
 which voting rights are attached:
 2. Reason for the notification   (yes/no)
 An acquisition or disposal of voting rights                             No
 An acquisition or disposal of financial instruments which may           No
 result in the acquisition of shares already issued to which
 voting rights are attached
 An event changing the breakdown of voting rights                        No
 Other (please specify): Tender Offer                                    Yes
 3. Full name of person(s) subject to the        Gartmore Investment Limited.
 notification obligation:
 4. Full name of shareholder(s) (if
 different from 3.):                                         See attached schedule

 5. Date of the transaction (and date on                30th June 2008
 which the threshold is crossed or reached
 if different):
 6. Date on which issuer notified:                       1st July 2008
 7. Threshold(s) that is/are crossed or                    Below 5%
 reached:




 8: Notified Details
 A: Voting rights attached to shares
 Class/type of shares   Situation previous to the Triggering        Resulting situation after the triggering transaction
  if possible using     transaction 
 the ISIN CODE
                        Number of Shares      Number of Voting      Number of shares   Number of voting      % of voting
                                              Rights                                   rights                rights
                                                                         Direct        Direct    Indirect    Direct  Indirect
     IE0006881506       3,849,318                  3,849,318            2,520,001                2,520,001            3.061%

 B: Financial Instruments
 Resulting situation after the triggering transaction xii
 Type of financial instrument   Expiration date  Exercise/ Conversion  Number of voting      % of voting rights
                                                 Period/ Date          rights that may be
                                                                       acquired if the
                                                                       instrument is
                                                                       exercised/
                                                                       converted. 


 Total (A+B)
 Number of voting rights  % of voting rights
       2,520,0001               3.061%




 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:    All Shares are held indirectly 
                                Total holding based on combined position of
                                sedol 5838217 and 0688150
                                All figures are based on the Companies issued
                                share capital of 82,318,568 as provided by
                                Exshare
                                E mail contact RDU@Gartmore.com
 14. Contact name:              Alison Averono
 15. Contact telephone number:  0207 782 2324

    

    Current Holdings By Fund Manager
    Report:S212                                                                                                                          02
Jul 2008 14:03
    Page 1 of 1

 Stock Line: 0688150        Horizon Tech Grp Ord Eur0.07 (UK-EX)

 Fund Managing Co.        Number of         Issued Share        Pertcentage of
      UK Registered Owner    Fund    Benefical Owner
                                          Shares Held          Capital        
          Issued Capital    

 Gartmore Investment Limited    2,520,001                                     
   3.061%    Nortrust Nominees Ltd      56550      Gartmore Irish 
                                                       __________             
              ___________                                                     
  Growth Fund PLC           
                                                        2,520,001             
                           3.061%
                                                      __________              
              ___________  
                                                         2,520,001       
 82,318,568            3.061%         
                         
 _______________________________________________________
    

    This announcement has been issued through the Companies Announcement Service of
    The Irish Stock Exchange



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