TIDMVELO 
 
RNS Number : 3899T 
Velosi Limited 
27 September 2010 
 

 
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| TR-1: NOTIFICATION OF MAJOR INTEREST                                              | 
| IN SHARESi                                                                        | 
|                                                                                   | 
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|                                             |                                     | 
+---------------------------------------------+-------------------------------------+ 
| 1. Identity of the issuer or the underlying |                 Velosi Limited      | 
| issuer                                      |                                     | 
| of existing shares to which voting rights   |                                     | 
| are                                         |                                     | 
| attached: ii                                |                                     | 
+---------------------------------------------+-------------------------------------+ 
| 2 Reason for the notification (please tick the appropriate box or boxes):         | 
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| An acquisition or disposal of voting rights                              |        | 
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| An acquisition or disposal of qualifying financial instruments which may |        | 
| result in the acquisition of shares already issued to which voting       |        | 
| rights are attached                                                      |        | 
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| An acquisition or disposal of instruments with similar economic effect   |        | 
| to qualifying financial instruments                                      |        | 
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| An event changing the breakdown of voting rights                         |        | 
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| Other (please  | Required Notification that holding is more than 5%      |   X    | 
| specify):      |                                                         |        | 
+----------------+---------------------------------------------------------+--------+ 
| 3. Full name of person(s) subject   |       Close Asset Management Limited        | 
| to the                              |                                             | 
| notification obligation: iii        |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 4. Full name of shareholder(s)      |                                             | 
|  (if different from 3.):iv          |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 5. Date of the transaction and date |         1 September 2010                    | 
| on                                  |                                             | 
| which the threshold is crossed or   |                                             | 
| reached: v                          |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 6. Date on which issuer notified:   |           26 September 2010                 | 
+-------------------------------------+---------------------------------------------+ 
| 7. Threshold(s) that is/are crossed |                  5%                         | 
| or                                  |                                             | 
| reached: vi, vii                    |                                             | 
+-------------------------------------+---------------------------------------------+ 
|                |                    |  |    |                            |        | 
+----------------+--------------------+--+----+----------------------------+--------+ 
 
+-------------+-----------------+----+------+----------+---+--+----------------------+-+------+----+-+--------+----+---------------------+----+--+-------------+ 
| 8. Notified details:                                                                                                                                         | 
+--------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares viii, ix                                                                                                                 | 
+--------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Class/type  | Situation previous                            | Resulting situation after the triggering transaction                                           | 
| of          | to the triggering                             |                                                                                                | 
| shares      | transaction                                   |                                                                                                | 
| if possible |                                               |                                                                                                | 
| using       |                                               |                                                                                                | 
| the ISIN    |                                               |                                                                                                | 
| CODE        |                                               |                                                                                                | 
+             +-----------------------------------------------+------------------------------------------------------------------------------------------------+ 
|             | Number                      | Number          | Number                 | Number of            | % of  voting rights                            | 
|             | of                          | of              | of                     | voting               | x                                              | 
|             | Shares                      | Voting          | shares                 | rights               |                                                | 
|             |                             | Rights          |                        |                      |                                                | 
+             +                             +                 +------------------------+----------------------+------------------------------------------------+ 
|             |                             |                 | Direct                 | Direct xi | Indirect | Direct                        | Indirect       | 
|             |                             |                 |                        |           | xii      |                               |                | 
+-------------+-----------------------------+-----------------+------------------------+-----------+----------+-------------------------------+----------------+ 
| Ordinary    | Below 5%                    |                 | 2,557,270              |             |        | 5.29%                         |                | 
| Shares      |                             | Below 5%        |                        | 2,557,270   |        |                               |                | 
| B19H989     |                             |                 |                        |             |        |                               |                | 
+-------------+                             +                 +                        +             +        +                               +                + 
|             |                             |                 |                        |             |        |                               |                | 
+-------------+-----------------------------+-----------------+------------------------+-------------+--------+-------------------------------+----------------+ 
|                                                                                                                                                              | 
+--------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| B: Qualifying Financial Instruments                                                                                                                          | 
+--------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                                                                                         | 
+--------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Type of financial                  | Expiration      | Exercise/                            | Number of voting                         | % of voting         | 
| instrument                         | date xiii       | Conversion Period                    | rights that may be                       | rights              | 
|                                    |                 | xiv                                  | acquired if the                          |                     | 
|                                    |                 |                                      | instrument is                            |                     | 
|                                    |                 |                                      | exercised/                               |                     | 
|                                    |                 |                                      | converted.                               |                     | 
+------------------------------------+-----------------+--------------------------------------+------------------------------------------+---------------------+ 
|                                    |                 |                                      |                                          |                     | 
+------------------------------------+-----------------+--------------------------------------+------------------------------------------+---------------------+ 
|                                                                                                                                                              | 
+--------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi                                                            | 
+--------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                                                                                         | 
+--------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Type of financial             | Exercise  | Expiration   | Exercise/                 | Number of voting          | % of voting rights                        | 
| instrument                    | price     | date xvii    | Conversion                | rights instrument         | xix, xx                                   | 
|                               |           |              | period                    | refers to                 |                                           | 
|                               |           |              | xviii                     |                           |                                           | 
+-------------------------------+-----------+--------------+---------------------------+---------------------------+-------------------------------------------+ 
|                               |           |              |                           |                           | Nominal                     | Delta       | 
|                               |           |              |                           |                           |                             |             | 
+                               +           +              +                           +                           +-----------------------------+-------------+ 
|                               |           |              |                           |                           |                             |             | 
+-------------------------------+-----------+--------------+---------------------------+---------------------------+-----------------------------+-------------+ 
|                                                                                                                                                              | 
+--------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Total (A+B+C)                                                                                                                                                | 
+--------------------------------------------------------------------------------------------------------------------------------------------------------------+ 
| Number of voting rights                                                            | Percentage of voting rights                                             | 
+------------------------------------------------------------------------------------+-------------------------------------------------------------------------+ 
| 2,557,270                                                                          | 5.29%                                                                   | 
+------------------------------------------------------------------------------------+-------------------------------------------------------------------------+ 
|             |                 |    |      |          |   |  |                      | |      |    | |        |    |                     |    |  |             | 
+-------------+-----------------+----+------+----------+---+--+----------------------+-+------+----+-+--------+----+---------------------+----+--+-------------+ 
 
+--------------------------------------+-----------+------------------------------+ 
| 9. Chain of controlled undertakings through which the voting rights and/or the  | 
| financial instruments are effectively held, if applicable: xxi                  | 
+---------------------------------------------------------------------------------+ 
|                                                                                 | 
| Close Asset Management Limited                                                  | 
+---------------------------------------------------------------------------------+ 
|                                                                                 | 
+---------------------------------------------------------------------------------+ 
| Proxy Voting:                                                                   | 
+---------------------------------------------------------------------------------+ 
| 10. Name of the proxy holder:                    |                              | 
+--------------------------------------------------+------------------------------+ 
| 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:          | Percentage based on shares in issue      | 
|                                      | figure of 48,384,548 as at 2 September   | 
|                                      | 2010.                                    | 
|                                      |                                          | 
|                                      | This is the required notification that   | 
|                                      | the holding is more than 5% of the       | 
|                                      | shares in issue.                         | 
|                                      |                                          | 
+--------------------------------------+------------------------------------------+ 
| 14. Contact name:                    |                                          | 
+--------------------------------------+------------------------------------------+ 
| 15. Contact telephone number:        |                                          | 
+--------------------------------------+------------------------------------------+ 
|                                      |           |                              | 
+--------------------------------------+-----------+------------------------------+ 
 
+-------------------------------------+--------------------------------------+ 
| Note: Annex should only be submitted to the FSA not the issuer             | 
+----------------------------------------------------------------------------+ 
| Annex: Notification of major interests in share                            | 
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|                                                                            | 
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| A: Identity of the persons or legal entity subject to the notification     | 
| obligation                                                                 | 
+----------------------------------------------------------------------------+ 
| Full name                           |  Close Asset Management  Limited     | 
| (including legal form of legal      |                                      | 
| entities)                           |                                      | 
|                                     |                                      | 
+-------------------------------------+--------------------------------------+ 
| Contact address                     |                                      | 
| (registered office for legal        | 10 Crown Place                       | 
| entities)                           | London  EC2A 4FT                     | 
|                                     |                                      | 
+-------------------------------------+--------------------------------------+ 
| Phone number & email                | 020 7426 4000                        | 
|                                     |                                      | 
+-------------------------------------+--------------------------------------+ 
| Other useful information            |                                      | 
| (at least legal representative for  |                                      | 
| legal persons)                      |                                      | 
|                                     |                                      | 
+-------------------------------------+--------------------------------------+ 
|                                     |                                      | 
+-------------------------------------+--------------------------------------+ 
| B: Identity of the notifier, if applicable                                 | 
+----------------------------------------------------------------------------+ 
| Full name                           | Amanda Wheeler                       | 
|                                     |                                      | 
+-------------------------------------+--------------------------------------+ 
| Contact address                     | Close Brothers                       | 
|                                     | 10 Crown Place                       | 
|                                     | London  EC2A 4FT                     | 
+-------------------------------------+--------------------------------------+ 
| Phone number & email                | 020 7426 6266                        | 
|                                     |                                      | 
+-------------------------------------+--------------------------------------+ 
| Other useful information            | Compliance                           | 
| (e.g. functional relationship with  |                                      | 
| the person or legal entity subject  |                                      | 
| to the notification obligation)     |                                      | 
+-------------------------------------+--------------------------------------+ 
|                                                                            | 
+----------------------------------------------------------------------------+ 
| C: Additional information                                                  | 
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|                                                                            | 
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| For notes on how to complete form TR-1 please see the FSA website.         | 
+-------------------------------------+--------------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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