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Notification of major interest in shares

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

 

PayPoint 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 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

 

Other (please specify):

 

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

Mawer Investment Management Ltd.

4. Full name of shareholder(s)

(if different from 3.):iv

 

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

April 13, 2015

6. Date on which issuer notified:

April 15, 2015

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

6%

  8. Notified details:                                                                                                                                      

A: Voting rights attached to shares viii, ix

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 x

Direct

Directxi

Indirectxii

Direct

Indirect

GB00B01QGK86

Ordinary Shares

3,929,248

3,929,248

4,705,711

4,705,771

 

6.92%

 

 

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration datexiii

Exercise/ Conversion Periodxiv

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 xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration datexvii

Exercise/ Conversion periodxviii

Number of voting rights instrument refers to

% of voting 
rights xix, xx

 

 

 

 

 

Nominal

Delta

 

 

 

Total (A+B+C)

Number of voting rights

Percentage of voting rights

4,705,771

6.92%

 

 

  Proxy Voting:                                                                                                                                                    

10. Name of the proxy holder:

Mawer Investment Management Ltd.

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:

 

14. Contact name:

Paul Moroz, Deputy Chief Investment Officer, Mawer Investment Management Ltd.

15. Contact telephone number:

403-267-1969