Smart Identity PLC
LSE : SIDP

September 21, 2009 06:19 ET

Change in substantial shareholding

21 September 2009
                                                      
                                             Smart Identity Plc
                                         ("SmartiD" or the "Company")
                                                      
                                     CHANGE IN SUBSTANTIAL SHAREHOLDING
                                                      

The  Board  of  the  Company has received notification that Maven Capital Partners Limited acquired  656,667
ordinary  shares of the Company, by transfer, on 10th June 2009 as a result of the buy out by Maven  of  the
private equity business of Aberdeen Asset Management Plc. The mid price on the day of the transfer was  12p.
Accordingly,  the  beneficial interest of Maven totals 656,667 ordinary shares, representing  5.25%  of  the
issued share capital.

Accordingly, Aberdeen Asset Management Plc no longer has an interest in the Company

No new shares have been issued, the total number of Ordinary Shares in issue remains 12,500,000

The Directors of the issuer accept responsibility for this announcement.


                                                  --ENDS--

Enquiries:

SMART IDENTITY PLC                                Tel: 0161 227 1000
Scott Fletcher, Non-Executive Chairman

RIVINGTON STREET CORPORATE FINANCE LIMITED        Tel: 020 7562 3389
Leo Godsall
Leo@rs-cf.com



Contact Information

  • Smart Identity PLC