SRV Sirvis

    RNS Number : 7042A
  SiRViS IT PLC
  05 August 2008
   
 TR-1: Notifications of Major Interests in Shares


 1. Identity of the issuer or the underlying issuer    SiRViS PLC
 of existing shares to which voting rights are
 attached:

 2. Reason for notification (yes/no)

 An acquisition or disposal of voting rights                                 Yes

 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):______________

 3. Full name of person(s)       North Atlantic Value LLP (as investment manager/advisor)
 subject to notification
 obligation:
                                                         * Oryx International Growth Fund Limited
 4. Full name of shareholder(s)  * North Atlantic Value LLP (as Investment Adviser to the Trident
 (if different from 3)                                                 Private Equity Fund II LP)


 5. Date of transaction (and     4 August 2008
 date on which the threshold is
 crossed or reached if
 different):

 6. Date on which issuer         5 August 2008
 notified:

 7. Threshold(s) that is/are      Overall holding remains the same at 29.70%. This transaction is
 crossed or reached:                    a transfer from Oryx International Growth Fund Limited to
                                        Trident Private Equity Fund II LP both of which are funds
                                                  managed or advised by North Atlantic Value LLP.







 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 use ISIN  transaction
 code
                       Number of shares      Number of voting      Number of shares  Number of voting       Percentage of voting
                                             rights                                  rights                 rights

                                                                                     Direct  Indirect       Direct        Indirect

 Ordinary Shares
 Sedol:
 0838182


 Holder 1:        980,000       980,000            NIL       NIL                    NIL%


 Holder 2:               NIL            NIL   980,000    980,000               29.70%



 B: Financial Instruments

 Resulting situation after the triggering transaction

 Type of financial instrument  Expiration date  Exercise/ conversion  No. of voting rights  Percentage of voting
                                                period/date           that may be acquired  rights
                                                                      (if the instrument
                                                                      exercised/converted)




 Total (A+B)

 Number of voting rights  Percentage of voting rights


 980,000                  29.70%

 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 proxy holder:                                         N/A

 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 full holding
                              of 29.70% as it is investment manager/adviser to
                              both holders 1& 2.
 14 Contact name:             Rachel Butlin

 15. Contact telephone name:  020 7747 5680



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