Financial Services Authority

  
 
   TR-1i: NOTIFICATION OF MAJOR INTERESTS IN SHARES
 
1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attachedii:

Davenham Group plc

  2. Reason for the notification   (please tick the appropriate box or boxes)
 An acquisition or disposal of voting rights X
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):___________________________________________
3. Full name of person(s) subject to the notification obligationiii:

ACP Capital Limited
4. Full name of shareholder(s) (if different from 3.)iv: Perseus Holdings Limited and
ACP Capital Limited
5. Date of the transaction (and date on which the
threshold is crossed or reached if different)v:		 18/06/07
6. Date on which issuer notified: 22/06/07
7. Threshold(s) that is/are crossed or reached: 22%
8. Notified details:  
 
  A: Voting rights attached to shares
Class/type
of shares

if possible using
the ISIN CODE

 Situation
previous to the
Triggering
transactionvi
 Resulting situation after the triggering transactionvii
Number
of
Shares		 Number
of
Voting
Rightsviii
Number
of
shares		 Number of voting
rightsix		 % of voting rights
Direct Directx InDirectxi Direct InDirect
GB00B0P32071 5,511,774 5,511,774
5,811,774 5,811,774   22.34%  
 
  B: Financial Instruments
  Resulting situation after the triggering transactionvii
Type of financial
instrument		 Expiration
datexiii		 Exercise/ Conversion
Period/ Datexiv		 Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted. 		% of voting
rights
         
 
  Total (A+B)
Number of voting rights % of voting rights
5,811,774 22.34%
 
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicablexv:
Perseus Holdings Limited is a wholly-owned and controlled subsidiary of ACP Capital 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:  
14. Contact name:   Sacha Macintosh
15. Contact telephone number:   +44 7733111436