Syqic : HOLDING IN COMPANY

HOLDING IN COMPANYSyQic (AIM: SYQ), a fast-growing provider of live TV and on-demand video content across mobile and internet enabled consumer devices, announces that it was notified today that, following the Company's recent roadshow and in response to institutional and other demand, Emanuele Angelidis has today sold all of his 2,158,771 ordinary shares in SyQic. As a result of this disposal, Mr Angelidis no longer has a notifiable interest in the Company.

SyQic's CEO, Jamal Hassim, states: 'We are pleased to note the strong demand for shares in SyQic and welcome new investors. The Company also expresses its gratitude to Mr Angelidis for his longstanding commitment to SyQic, having been a long-term pre-IPO investor, and for his support, advice and guidance. The SyQic Team and I wish him well for the future.'

For further information:
SyQic plc
Jamal Hassim, Group Chief Executive Officer	Tel: [phone]
Steve Elliff, Chief Financial Officer	www.syqic.com
Allenby Capital Limited
Alex Price / Jeremy Porter	Tel: [phone]
[e-mail]	www.allenbycapital.com
Walbrook, Financial PR and IR
Guy McDougall	Tel: [phone]
Paul Cornelius	[e-mail]
Sam Allen