Holding under SAR3 - Replacement
IS Solutions PLC
17 March 2000
The issuer has made the following amendment to the Holding under SAR 3
announcement released today at 13.54 under RNS No 4636H.
Section 2 - Resultant total holding of voting shares (and % of total voting
shares in issue) should read '860,000 - (18.0%)', not 910,000 (19.0%) as
published
and
- Total percentage should read '860,000 (18.0%)', not 910,000 (19.0%)
as published
All other details remain unchanged.
The full corrected version is shown below.
FORM SAR 3
Date of disclosure..17 MARCH 2000...
DISCLOSURE UNDER RULE 3 OF THE RULES GOVERNING
SUBSTANTIAL ACQUISITIONS OF SHARES ('SARs')
Date of acquisition.....15 MARCH 2000.............................
Acquisition in..........IS SOLUTIONS ...................(name of company)
(1) Class of voting shares Number of shares/rights If rights over shares
(eg ordinary shares) over shares acquired acquired, as opposed
to the shares
themselves, specify
nature of rights
.IS SOLUTIONS ORD 2p. .......20,000...shares .....................
...N/A..........rights
(2) Resultant total holding Resultant total holding Total percentage
of voting shares (and % of rights over shares
of total voting shares (and % of total voting
in issue) shares in issue)
.....860,000......(18.0%) ...............( %) ...860,000...(18.0%)
(3) Party making disclosure......FLEMING INVESTMENT MANAGEMENT LIMITED.....
(4) (a) Name of person acquiring shares or rights over shares ......
AS IN (3)ABOVE......
and, if different, beneficial owner...............................
(b) Names of any other persons acting by
agreement or understanding (see SAR 5)............................
Signed, for and on behalf of the party named in (3) above...................
(Also print name of signatory)..........SANDRA TAYLOR.......................
Telephone and extension number...........0171-282-4198......................
Note. Under SAR 5, the holdings of and acquisitions by persons acting by
agreement or understanding must be aggregated and treated as a holding of or
acquisition by one person. Note 3 on SAR 5 requires persons who must aggregate
holdings to disclose certain disposals.
For full details of the SARs disclosure requirements, see Rules 3 and 5 of the
SARs. If in doubt, contact the Panel on Take-overs and Mergers,
Tel. No: 01-382-9026.