Holding(s) in Company
22 May 2008
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: |
Cyan Holdings plc |
| 2. Reason for the notification (please tick the appropriate box or boxes) |
| 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): Change to the number of total voting rights. |
X |
|
3. Full name of person(s) subject to the
notification obligation: |
Allianz SE |
| 4. Full name of shareholder(s) (if different from 3.): |
Allianz Insurance plc |
| 5. Date of the transaction (and date on which the threshold is crossed or reached if different): |
20 May 2008 |
| 6. Date on which issuer notified: |
22 May 2008 |
| 7. Threshold(s) that is/are crossed or reached: |
3% |
| 8. Notified details: |
|
| A: Voting rights attached to shares |
Class/type of shares
if possible using the ISIN CODE |
Situation previous to the Triggering transaction |
Resulting situation after the triggering transaction |
| Number of Shares |
Number of Voting Rights i |
Number of shares |
Number of voting rights |
% of voting rights |
| Direct |
Direct |
Indirect |
Direct |
Indirect |
| GB00B0P66Q02 |
4,477,295 |
4,477,295 |
4,477,295 |
4,477,295 |
|
2.988% |
|
| B: Financial Instruments |
| Resulting situation after the triggering transaction xii |
| Type of financial instrument |
Expiration date i |
Exercise/ Conversion Period/ Date |
Number of voting rights that may be acquired if the instrument is exercised/ converted. |
% of voting rights |
| |
|
|
|
|
| Total (A+B) |
| Number of voting rights |
% of voting rights |
| 4,477,295 |
2.988% |
| 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: |
| Allianz SE is the ultimate holding company of Allianz Insurance plc. Dresdner Kleinwort Group Limited is a subsidiary of Dresdner Bank, AG ("Dresdner"). Dresdner is a direct subsidiary of Allianz Finanzbetreiligungs GmbH ("Allianz Finanz"), which is itself a direct subsidiary of Allianz SE. |
| 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: |
Recalculation of the interest based on Cyan Holdings Plc's new total voting rights of 149,826,314 |
| 14. Contact name: |
Andrew Lee, Finance Director |
| 15. Contact telephone number: |
+44 (0) 1954 234 400 |
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