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TR-1: Notification of Major Interest In Shares

Legal & General Group plc (group)

Thursday 30th July, 2009

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

 

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

  Innovision Research & Technology 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 qualifying 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

[change in share in Issue Figure due to placing of new shares]

Yes

 

Other (please specify):

 

 

 

3. Full name of person(s) subject to the notification obligation:

 

 Legal & General group Plc (Group)

 

Legal & General Investment Management Limited (LGIM)

 

Legal & General Group Plc (L&G)

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

 

 Legal & General Assurance Society Limited (LAGS & LGPL)

5. Date of the transaction and date on which the threshold is crossed or reached:

 

 28 July 2009

6. Date on which issuer notified:

 

 29 July 2009

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

 

 Above 5% (group)

 

Above 5% (LGIM)


Above 3% (L&G)


 

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

Number
of shares

Number of voting
rights

% of  voting rights

Direct

Direct

Indirect

Direct

Indirect

 GB0030308448

 Below 5% (LGIM

 

Below 3% (L&G)

 Below 5% (LGIM

 

Below 3% (L&G)

 5,000,000

 5,000,000

 

 5.46

 

 

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial
instrument

Expiration
date

Exercise/
Conversion
Period

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

 

% of voting
rights

 

 

 

 

 

 

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments

Resulting situation after the triggering transaction

 

Type of financial
instrument

Exercise
price

Expiration
date

Exercise/
Conversion
period

Number of voting
rights instrument
refers to

% of voting rights

 

 

 

 

 

 

Nominal

Delta

 

 

 

 

Total (A+B+C)

 

Number of voting rights

Percentage of voting rights

 5,000,000

 5.46

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

 

Legal & General Group Plc (Direct and Indirect) (Group) (5,000,000 – 5.46% = Total Position)

 

Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect)  (5,000,000 – 5.46% = Total Position)

 

Legal & General Investment Management Limited (Indirect) (LGIM) (5,000,000 – 5.46% = Total Position)

 

Legal & General Group Plc (Direct) (L&G) (5,000,000 – 5.46% = LGAS, LGPL & PMC)

Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD)

Legal & General Insurance Holdings Limited (Direct) (LGIH) (5,000,000 – 5.46% = LGAS & LGPL) 

Legal & General Assurance (Pensions Management) Limited  (PMC)

Legal & General Assurance Society Limited  (LGAS & LGPL) (5,000,000 – 5.46% = LGAS & LGPL) 

 

Legal & General Pensions Limited (Direct)  (LGPL)

 

 

Proxy Voting:

 

10. Name of the 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:

 

 Notification using the total voting rights figure of  91,556,121

14. Contact name:

 

 Brian McKenzie

 

15. Contact telephone number:

 

 01285 888240

 

About Innovision Research & Technology plc

Innovision Research & Technology plc, is leading the next generation of NFC/RFID solutions. As the leading fabless developer of Short-Range Data Communication semiconductor and system solutions, with particular focus on NFC/RFID (Radio Frequency Identification) and ultra low-cost Integrated Circuit (IC) and RF electronic design, IRT is pushing cost performance to enable clients to get maximum utility for minimum cost.

The company develops innovative semiconductor technologies, ICs, RF systems (HF/UHF) and complete end product applications for mass volume commercialisation and then licenses customers for its incorporation into their own products.

At the heart of the emerging Near Field Communication (NFC) market, Innovision R&T designs and develops NFC/RFID IC solutions for the global mobile handset and consumer device sectors.

Products include Topaz, mandated by the NFC Forum as the NFC number one tag type format, Jewel for mass transit ticketing applications, and io, the world's smallest standards compatible Near-Field RFID reader.

Headquartered in the UK, Innovision R&T was listed in 2001 on the Alternative Investment Market (AIM) of the London Stock Exchange (ticker symbol:INN).

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