NOTIFICATION OF MAJOR INTEREST IN SHARES
25 May 2010
For filings with FSA include the annex
for filings with issuer exclude the annex
 
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESI 
  
1. Identity of the issuer of the underlying issuer of existing shares to which voting rights are attached. iiPayPoint Plc
2. Reason for the notification (please tick the appropriate box or boxes) 
An acquisition of disposal of voting rightsYES
An acquisition of disposal of qualifying financial instruments which may resul in the acquisition of shares already issued to which voting rights are attachedNO
An acquisition or disposal of instruments with similar economic effect to qualifying financial instrumentsNO
An event changing the breakdwon of voting rightsNO
Other (please specify)NO
3. Full name of person(s) subject to the notification obligation:iiiCrystal amber Fund Limited
4. Full name of shareholder(s) (if different from 3)ivHSBC Global Custody Nominee (UK) Limited
5. Date of the transaction and date on which the threshold is crossed or reached:v

25th May 2010

6. Date on which issuer notified:27th May 2010
7. Threshold(s) that is/are crossed of reached: vi,viiAbove 3%

 

8. Notified details:       
A: Voting rights attached to sharesviii,ix     
Class/type of sharesSituation previous to the triggering transaction

Resulting situation after triggering transaction

If possible using the ISIN CODENumber of SharesNumber of Voting RightsNumber of SharesNumber of voting rights % of voting rightsx 
   DirectDirectxiIndirectxiiDirectIndirect
GB00B02QND93Below 3%Below 3%2,697,4462,697,446 3.98% 
B: Qualifying Financial Instruments 
Resulting situation after the triggering transaction
Type of financial
 instrument
Expiration
Datexiii
Exercise/Conversion
Periodxiv
Number of voting rights that may be acquired if the instrument is exercised/converted

   % of voting rights

     
C: Financial instruments with similar economic effect to Qualifying Financial Instrumentsxv,xvi
Resulting situation after triggering transaction
Type of financial instrumentExercise priceExpiration DatexviiExercise/Conversion periodxviiiNumber of voting rights instrument refers to% of voting rightsxix,xx
NominalDelta

 

Total (A+B+C) 
Number of voting rightsPercentage of voting rights
2,697,4463.98%
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:xxi
 
Proxy Voting:
10. Name of proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder with cease to hold voting rights:
13. Additional information:calculation based on Total Voting Rights figure of 67,761,904
14. Contact Name:Kevin Smith
15. Contact Telephone Number01481 737495