Petards Group PLC Holding(s) in Company (9741C)

TIDMPEG

RNS Number : 9741C

Petards Group PLC

21 April 2017

 
 TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i) 
-------------------------------------------------- 
 
 
 
 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 
------------------------------------------------------------------------------------------------------ 
 An acquisition or disposal of qualifying financial 
  instruments which may result in theacquisition 
  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                                               Issue of new shares, reducing percentage    X 
  specify):                                                  held 
----------------------------------------------------------  ------------------------------------------ 
 3. Full name of person(s)                                           El-Khereiji Financial Company 
  subject to the                                                                   WLL 
  notification obligation:(iii) 
-----------------------------------------------------------  --------------------------------------------- 
 4. Full name of shareholder(s) 
  (if differentfrom 3.):(iv) 
-----------------------------------------------------------  --------------------------------------------- 
 5. Date of the transaction                                                   4 April 2017 
  and date on 
  which the threshold is 
  crossed or 
  reached:(v) 
-----------------------------------------------------------  --------------------------------------------- 
 6. Date on which issuer                                                     14 April 2017 
  notified: 
-----------------------------------------------------------  --------------------------------------------- 
 7. Threshold(s) that is/are 
  crossed or 
  reached:(vi, vii)                                                               8.0% 
-----------------------------------------------------------  --------------------------------------------- 
 
 
 
 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(x) 
                 Shares           Voting                             rights 
                                  Rights 
-------------  ---------------  ---------------  ----------------  -----------------------------  ------------------------- 
                                                  Direct            Direct(xi)     Indirect(xii)   Direct        Indirect 
-------------      -----------    -----------    ----------------  -------------  --------------  ------------  ----------- 
 
   Ordinary 
   1p shares    2,871,756        2,871,756        2,871,756         2,871,756                         7.9% 
               ---------------  ---------------  ----------------  -------------  --------------  ------------  ----------- 
 GB00B4YL8F73 
-------------      -----------    -----------      --------------    -----------  --------------      --------    --------- 
 
 B: Qualifying Financial Instruments 
--------------------------------------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
--------------------------------------------------------------------------------------------------------------------------- 
 Type of            Expiration     Exercise/                          Number of voting                 % of voting 
 financial           date(xiii)     Conversion                         rights that                      rights 
 instrument                         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(xvii)     Conversion           rights instrument                rights(xix, 
 instrument                                     period(xviii)        refers to                        xx) 
---------------  -------------  -------------  ------------------  -------------------------------  ----------------------- 
                                                                                                     Nominal       Delta 
---------------  -------------  -------------  ------------------  -------------------------------  ------------  --------- 
 
 
 Total (A+B+C) 
--------------------------------------------------------------------------------------------------------------------------- 
 Number of voting rights                            Percentage of voting rights 
-------------------------------------------------  ------------------------------------------------------------------------ 
                    2,871,756                                                        7.9% 
-------------------------------------------------  ------------------------------------------------------------------------ 
 
 
 
 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:                                                  Hassan Tariq 
-----------------------------------------------------------------  ---------------------------------- 
 15. Contact telephone number:                                       [phone]/[phone] 
                                                                                 Ext 254 
-----------------------------------------------------------------  ---------------------------------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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April 21, 2017 04:00 ET (08:00 GMT)