TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

 

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

      Coolabi plc

 

2.   Reason for the notification (please state Yes/No): (    )

      An acquisition or disposal of voting rights: (   )

      An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: (  )

      An event changing the breakdown of voting rights: (  )

     Other (please specify): ( Yes )
Transfer of Funds

 

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

        Williams de Broe Ltd

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

 

      Pershing Nominees Ltd (Nominee company used by Williams de Broe)

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

      08 June 2010

6.   Date on which issuer notified:

 

      10 June 2010

 

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

 

      From over 18% - under 14%

 

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
	Number of shares	Number of voting Rights
GB00B28PL418	9,074,072	9,074,072

 

Resulting situation after the triggering transaction (vii)

 

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights		% of voting rights
	Direct	Direct	Indirect	Direct	Indirect
GB00B28PL418	6,488,189	6,488,189		13.439%

 

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
n/a	n/a	n/a	n/a	n/a

 

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
n/a	n/a	n/a	n/a	n/a	n/a	n/a

 

Total (A+B+C)

Number of voting rights	% of voting rights
6,488,189	13,439%

 

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

 

         n/a

 

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:

 

         None

 

14.     Contact name:

 

         Michaela Skinner - Compliance Officer

 

15.     Contact number:

 

         020 7072 7564