HOLDING(S) IN COMPANY

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): An increase in total voting rights

3. Full name of person(s) subject to the notification obligation:Utilico Emerging Markets Limited

4. Full name of shareholder(s) (if different from 3.):Utilico Emerging Markets Limited

5. Date of the transaction and date on which the threshold is crossed or reached:2 December 2015

6. Date on which issuer notified:3 December 2015

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

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

Ordinary JE00BF5S6G171,743,0001,743,0001,943,0001,943,000 7.22%

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

NominalDelta

--

Total (A+B+C)

Number of voting rightsPercentage of voting rights

1,943,0007.22%

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

HolderNo. of voting rights% of total voting rightsRegistration name

Utilico Emerging Markets Limited1,943,0007.22%Chase Nominees Limited

Proxy Voting:

10. Name of the proxy holder:Utilico Emerging Markets Limited

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:Based on Total Voting Rights of 26,898,845 As per company website as at 28th October 2015

14. Contact name:Vik Sharma F&C Management Limited (Part of BMO Financial Group) (As administrator of Utilico Emerging Markets Limited

15. Contact telephone number:0131 718 1094


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