TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

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

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

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:Mr. David Newlands and Mrs. Monique Newlands

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

5. Date of the transaction and date on which the threshold is crossed or reached:17 February 2014

6. Date on which issuer notified:17 February 2014

7. Threshold(s) that is/are crossed or reached:>3%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares if possible using the ISIN CODESituation previous to the triggering transactionResulting situation after the triggering transaction

Number of SharesNumber of Voting RightsNumber of sharesNumber of voting rights% of voting rights

DirectDirectIndirectDirectIndirect

JE00BF5S6G17 733,500733,500 3.16%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrumentExpiration dateExercise Conversion periodNumber 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

Resulting situation after the triggering transaction

Type of financial instrumentExercise priceExpiration dateExercise/ Conversion periodNumber of voting rights instrument refers to% of voting rights

Delta

Total (A+B+C)

Number of voting rightsPercentage of voting rights

733,5003.16%

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

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:Notification using the total voting rights figure of 23,198,845

14. Contact name:David Newlands

15. Contact telephone number:01730 265432

#notification #interest

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