TIN Tinopolis

RNS Number:7416T
Tinopolis PLC
26 March 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:

TINOPOLIS PLC


2. Reason for the notification (please state Yes/No): (   )

An acquisition or disposal of voting rights:                               (   )

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) :  DECLARATION OF MAJOR SHAREHOLDING AS PER
FSA TRANSITIONAL PROVISION 7                                               ( X )


 
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 VALUE LLP (AS INVESTMENT ADVISOR/MANAGER TO OTHER FUND
    MANAGEMENT CLIENTS)
2.  ORYX INTERNATIONAL GROWTH FUND LIMITED 

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

N/A
 

6. Date on which issuer notified:

20 MARCH 2007
 

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

ABOVE 5% AND OTHER INDIVIDUAL THRESHOLDS 

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
0936569
HOLDER 1               1,000,000              1,000,000
HOLDER 2               4,542,540              4,542,540
                       (PREVIOUSLY NOTIFIED
                       HOLDING OF 5.67% ON
                       3/10/06 UNDER S.198) 

                     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            Direct     Indirect        Direct    Indirect  
                  1,000,000         1,000,000                     1.06%
                  4,400,000         4,400,000                     4.64%
                                                                  TOTAL=
                                                                  5.70%
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 
5,400,000 SHARES                    5.70%

 

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

NOT APPLICABLE
 


Proxy Voting:

 
10. Name of the proxy holder:


 

11. Number of voting rights proxy holder will cease to hold:

N/A
 

12. Date on which proxy holder will cease to hold voting rights:

N/A
 

13. Additional information:

NORTH ATLANTIC VALUE LLP IS THE INVESTMENT MANAGER/ADVISOR IN RESPECT OF THE
TOTAL HOLDING OF 5.70% AS IT IS INVESTMENT ADVISOR TO HOLDER 2 AS WELL AS
INVESTMENT ADVISOR/MANAGER TO THE OTHER CLIENTS INCLUDED IN HOLDER 1. 
 

14. Contact name:

BONITA GUNTRIP
 

15. Contact telephone number:

0207 7747 5681


 
Annex Notification Of Major Interests In Shares 
 

A: Identity of the person or legal entity subject to the notification obligation
 

Full name (including legal form for legal entities):

 

Contact address (registered office for legal entities):

 

Phone number:

 

Other useful information (at least legal representative for legal persons):

 

B: Identity of the notifier, if applicable

 

Full name:

 

Contact address:

 

Phone number:

 

Other useful information (e.g. functional relationship with the person or legal
entity subject to the notification obligation):

 

C: Additional information :

 




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