Bagir : HOLDING(S) IN COMPANY - HARGREAVE HALE

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

BAGIR GROUP LTD

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

3. Full name of person(s) subject to the notification obligation: iii

HARGREAVE HALE LIMITED

4. Full name of shareholder(s)

(if different from 3.):iv

DISCRETIONARY CLIENTS

5. Date of the transaction and date on

which the threshold is crossed or reached: v

25 JULY 2014

6. Date on which issuer notified:

28 JULY 2014

7. Threshold(s) that is/are crossed or reached: vi, vii

16% and 17%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of

shares

if possible using

the ISIN CODE

Situation previous

to the triggering transaction

Resulting situation after the triggering transaction

Class/type of

shares

if possible using

the ISIN CODE

Number

of

Shares

Number

of Voting Rights

Number

of shares

Number of voting

rights

% of voting rights

x

Class/type of

shares

if possible using

the ISIN CODE

Number

of

Shares

Number

of Voting Rights

Direct

Indirect

Direct xi

Indirect xii

Direct

Indirect

IL0011317216

7,687.927

7,687.927

8,557,927

8,557,927

17.0398%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial

instrument

Expiration

date xiii

Exercise/

Conversion Period xiv

Number 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

xv, xvi

Resulting situation after the triggering transaction

Type of financial

instrument

Exercise

price

Expiration

date xvii

Exercise/

Conversion period xviii

Number of voting rights

instrument refers to

% of voting rights xix,

xx

Total (A+B+C)

Number of voting rights

Percentage of voting rights

8,557,927

17.0398%

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:

David Clueit

15. Contact telephone number:

01253 754739