1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached):
Quadnetics Group plc
2. Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights: YES
An acquisition or disposal of qualifyting financial instruments which may result in the acquisition of shares already issued to which voting rights are attached:
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments:
An event changing the breakdown of voting rights:
Other (please specify):
3. Full name of person(s) subject to the notification obligation (iii):
HSBC Global Custody Nominee (UK) Ltd
4. Full name of shareholder(s) (if different from 3.) (iv):
Whitehall Consolidated Ltd
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
2 June 2010
6. Date on which issuer notified:
2 June 2010
7. Threshold(s) that is/are crossed or reached:
Above 17%
8. Notified details:
| A: Voting rights attached to shares |
Class/type of shares If possible using the ISIN code |
Situation previous to triggering the transaction vi |
Resulting situation after the triggering transaction vii |
Number of shares |
Number of voting rights (viii) |
Number of shares Direct |
Number of voting rights (ix) |
% voting rights |
| Direct (x) |
Indirect (xi) |
Direct |
Indirect |
Ordinary shares GB0007156838 |
2,966,431 |
2,966,431 |
2,991,431 |
2,991,431 |
N/A |
17.03% |
N/A |
| B: Financial Instruments |
| Resulting situation after the triggering transaction (xii) |
Type of financial instrument |
Expiraton date (xiii) |
Exercise/Conversion Period/Date (xiv) |
Number of voting rights that may be acquired if the instrument is exercised/converted |
% of voting rights |
| - |
- |
- |
- |
- |
| Total (A+B) |
| Number of voting rights |
% voting rights |
| 2,991,431 |
17.03% |
9.
Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable (xv):
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:
14. Contact name:
Fabia Schulthess, HSBC Private Bank (Suisse) SA
15. Contact telephone number:
0041 58 705 3235