IMImobile : Notification of major holdings

19 July 2018

TR-1: Standard form for notification of major holdings

1a. Identity of the issuer or the underlying is-suer of existing shares to which voting rights are attachedii:

IMImobile PLC

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

An acquisition or disposal of financial instruments An event changing the breakdown of voting rights Other (please specify)iii:

3. Details of person subject to the notification obligationiv

Name

City and country of registered office (if applicable)

Kestrel Partners LLP

LONDON, UK

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

Name

X

Kestrel Opportunities, a cell of Guernsey Portfolios PCC Ltd (through BNY Mellon Nominees Limited) and various other clients of Kestrel Partners LLP (through JIM Nominees Ltd and Bank of New York Nominees Ltd)

City and country of registered office (if applicable)

5. Date on which the threshold was crossed or reachedvi:

6. Date on which issuer notified (DD/MM/YYYY):

• 17 July 2018

  7. Total positions of person(s) subject to the notification obligation

  % of voting rights at-tached to shares (to-tal of 8. A)

  Resulting situa-tion on the date on which threshold was crossed or reached

  7.1%

  % of voting rights through financial instru-ments

  (total of 8.B 1 + 8.B 2)

  Total number of voting rights of issuervii

  7.1%

  65,304,229

  1

7.89%

8. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii
A: Voting rights attached to shares
Class/type of shares ISIN code (if possible)	Number of voting rightsix		% of voting rights
	Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)	Direct (Art 9 of Directive 2004/109/EC) (DTR5.1)	Indirect (Art 10 of Directive 2004/109/EC) (DTR5.2.1)
Ordinary Shares of 10p each ISIN GB00BLBP4Y 22	N/A	4,645,405	N/A	7.1%
SUBTOTAL 8. A	4,645,405		7.1%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

Expiration datex

Exercise/ Conversion Periodxi

% of voting rights

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Di-rective 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instru-mentExpiration datexSUBTOTAL 8. B 1

Exercise/ Conversion Pe-riod xi

Physical or cash settlementxiiNumber of voting rights

% of voting rights

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")
Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (under-lying) issuerxiii
Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)				X
Namexv	% of voting rights if it equals or is higher than the notifia-ble threshold	% of voting rights through financial instru-ments if it equals or is higher than the notifiable threshold	Total of both if it equals or is higher than the notifiable threshold
BNY Mellon Nomi-nees Limited	4.89%	4.89%
Bank of New York Nominees Ltd	0.95%	0.95%
JIM Nominees Ltd	1.16%	1.16%

10. In case of proxy voting, please identify:
Name of the proxy holder	N/A
The number and % of voting rights held	N/A
The date until which the voting rights will be held	N/A

11. Additional informationxvi

The indirect voting rights held under (9) relate to shares held in client portfolios managed by Kes-trel Partners LLP under discretionary investment management agreements

Place of completion	London
Date of completion	05/19/18