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: X
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):
BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme. See Section 9 for further information.
4. Full name of shareholder(s) (if different from 3.) (iv): N/A
5. Date of the transaction (and date on which the threshold is crossed or reached if different) (v):
11 March 2010
6. Date on which issuer notified:
12 March 2010
7. Threshold(s) that is/are crossed or reached:
Above 6%
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 |
1,278,346 |
1,278,346 |
1,178,346 |
1,178,346 |
N/A |
6.707% |
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 |
| 1,178,346 |
6.707% |
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:
See comment in Section 13
11. Number of voting rights proxy holder will cease to hold:
See comment in Section 13
12. Date on which proxy holder will cease to hold voting rights:
See comment in Section 13
13. Additional information:
This disclosure is made by BT Pension Scheme Trustees Limited as trustee of the BT Pension Scheme, which is the ultimate parent undertaking for the purposes of DTR 5.2.1(e).
14. Contact name:
Valerie Davidson (v.davidson@hermes.co.uk)
15. Contact telephone number:
020 7680 2177