Petards Group PLC Holding(s) in Company (2854S)

TIDMPEG

RNS Number : 2854S

Petards Group PLC

16 March 2016

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 
-------------------------------------------------------------------------------------- 
 
 1. Identity of the issuer or                                     Petards Group plc 
  the underlying issuer 
  of existing shares to which 
  voting rights are 
  attached: (ii) 
-------------------------------------------------------------  ----------------------- 
 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 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): 
---------------------------------------------------------  -----  -------------------- 
 3. Full name of person(s)                                         Andrew Perloff 
  subject to the 
  notification obligation: 
  (iii) 
-----------------------------------------------------------  ------------------------- 
 4. Full name of shareholder(s)                                 Maland Pension Fund 
  (if different from 3.):(iv) 
-----------------------------------------------------------  ------------------------- 
 5. Date of the transaction                                        15 March 2016 
  and date on 
  which the threshold is 
  crossed or 
  reached: (v) 
-----------------------------------------------------------  ------------------------- 
 6. Date on which issuer                                           15 March 2016 
  notified: 
-----------------------------------------------------------  ------------------------- 
 7. Threshold(s) that is/are                                            >6% 
  crossed or 
  reached: (vi, vii) 
-----------------------------------------------------------  ------------------------- 
 
 
 
 8. Notified details: 
-------------------------------------------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares (viii, ix) 
-------------------------------------------------------------------------------------------------------------------------- 
 Class/type     Situation previous                Resulting situation after the 
  of             to the triggering                 triggering transaction 
  shares         transaction 
 
  if possible 
  using 
  the ISIN 
  CODE 
-------------  --------------------------------  ------------------------------------------------------------------------- 
                Number           Number           Number                    Number of                  % of voting 
                 of               of               of shares                 voting                     rights 
                 Shares           Voting                                     rights                     (x) 
                                  Rights 
-------------  ---------------  ---------------  ------------------------  -------------------------  -------------------- 
                                                  Direct       Indirect     Direct      Indirect       Direct     Indirect 
                                                                             (xi)       (xii) 
-------------      -----------      -----------  -----------  -----------  ----------  -------------  ---------  --------- 
 GB00B4YL8F73   2,000,000        2,000,000        2,250,000                 2,250,000                  6.44% 
               ---------------  ---------------  -----------  -----------  ----------  -------------  ---------  --------- 
 
 
 B: Qualifying Financial Instruments 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration       Exercise/                   Number of voting           % of voting 
 financial           date             Conversion                  rights that                rights 
 instrument          (xiii)           Period (xiv)                may be 
                                                                  acquired if 
                                                                  the 
                                                                  instrument 
                                                                  is 
                                                                  exercised/ 
                                                                  converted. 
-----------------  ---------------  --------------------------  -------------------------  ------------------------------- 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments (xv, xvi) 
-------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
-------------------------------------------------------------------------------------------------------------------------- 
 Type of          Exercise         Expiration     Exercise/    Number of voting           % of voting 
 financial         price            date          Conversion    rights instrument          rights (xix, 
 instrument                         (xvii)        period        refers to                  xx) 
                                                  (xviii) 
---------------  ---------------  -------------  -----------  -------------------------  --------------------------------- 
                                                                                          Nominal        Delta 
---------------  ---------------  -------------  -----------  -------------------------  -------------  ------------------ 
 
 
 Total (A+B+C) 
-------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                                       Percentage of voting rights 
------------------------------------------------------------  ------------------------------------------------------------ 
 2,250,000                                                     6.44% 
------------------------------------------------------------  ------------------------------------------------------------ 
 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
  (xxi) 
------------------------------------------------------------------------------ 
 
 
 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:                                              Andrew Perloff 
-------------------------------------------------------------  --------------- 
 15. Contact telephone number:                                  01707 667 300 
-------------------------------------------------------------  --------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 16, 2016 07:00 ET (11:00 GMT)