Holding(s) in Company

(RNS) 20 October 2009

TR-1: Notifications of Major Interests in Shares

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

    Clarity Commerce Solutions plc
  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

    No

    An event changing the breakdown of voting rights

    No

    Other (please specify):

    No
  3. Full name of person(s) subject to the notification obligation:

    ISIS EP LLP
  4. Full name of shareholder(s) (if different from 3.):

    Baronsmead AIM VCT plc holds 5.15%
    All other clients hold less than 3%
  5. Date of transaction (and date on which the threshold is crossed or reached if different):

    16/10/2009

  6. Date on which issuer notified:

    19/10/2009

  7. Threshold(s) that is/are crossed or reached:

    5%

  8. Notified details:

    1. Voting rights attached to shares

      Class/type of shares Situation previous to the triggering transaction Resulting situation after the triggering transaction
      if possible using the ISIN code Number of shares Number of voting rights Number of shares Number of voting rights Percentage of voting rights
      Direct Indirect Direct Indirect
      Ord 25p
      GB0009274449
      Nil
      (0%)
      Nil
      (0%)
      2,500,000
      (6.44%)
        2,500,000   6.44%
    2. Financial Instruments

      Resulting situation after the triggering transaction

      Type of financial instrument Expiration date Exercise/conversion Period No. of voting rights that may be acquired (if the instrument is exercised/converted) Percentage of voting rights
      -       Nil
      Total (A+B)
      Number of voting rights Percentage of voting rights
      2,500,000 6.44%
  9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:

    ISIS EP LLP

    • Underlying client "Baronsmead AIM VCT plc" holds 5.15%
    • No other underlying client holds over 3%

    Registered name: Chase Nominees Limited

    Proxy Voting:

  10. Name of the proxy holder:

    ISIS EP LLP

  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:

  14. Contact name:

    Karen Huxley

  15. Contact telephone number:

    020 7506 5643