Speedy Hire PLC Holding(s) in Company (5686Z)

TIDMSDY TIDMSDR

RNS Number : 5686Z

Speedy Hire PLC

27 May 2016

 
 TR-1: Notification of Major Interest in Shares 
----------------------------------------------- 
 
 
 1: Identity of the issuer          Speedy Hire Plc 
  or the underlying issuer of 
  existing shares to which voting 
  rights are attached: 
---------------------------------  ---------------- 
 
 
 2: Reason for notification (yes/no) 
--------------------------------------------------------------------------------------------------- 
 An acquisition or disposal of voting rights                                                    Yes 
---------------------------------------------------------------------------------------------  ---- 
 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                                        Type 1 Disclosure as per the              Yes 
  specify):                                           Transparency Directive II Regulation 
---------------------------------------------------  ----------------------------------------  ---- 
 3. Full name of person(s)                              Schroders plc & Schroder 
  subject to the notification                            Investment Management Limited 
  obligation: 
-----------------------------------------------------  -------------------------------------------- 
 4. Full name of shareholder(s) 
  (if different from 3.): 
-----------------------------------------------------  -------------------------------------------- 
 5. Date of the transaction                             19 May 2016 
  (and date on which the threshold 
  is crossed or reached): 
-----------------------------------------------------  -------------------------------------------- 
 6. Date on which issuer notified:                      20 May 2016 
-----------------------------------------------------  -------------------------------------------- 
 7. Threshold(s) that is/are                            Below 10% 
  crossed or reached: 
-----------------------------------------------------  -------------------------------------------- 
 
 
 
 8: Notified Details 
---------------------------------------------------------------------------------------- 
 A: Voting rights attached to shares 
---------------------------------------------------------------------------------------- 
 Class/type of share If possible                         GB0000163088 
  use ISIN code 
------------------------------------------------------  -------------------------------- 
 
 Situation previous to the triggering transaction 
---------------------------------------------------------------------------------------- 
 Number of shares                                        Number of voting rights 
------------------------------------------------------  -------------------------------- 
 58,728,170                                              52,328,170 
------------------------------------------------------  -------------------------------- 
 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------- 
 Number of shares                   Number of voting rights             Percentage of 
                                                                         voting rights 
--------------------------  ---------------------------------------  ------------------- 
                                     Direct              Indirect     Direct    Indirect 
--------------------------  ------------------------  -------------  --------  --------- 
 57,608,810                  N/A                       51,208,810     N/A       9.785% 
--------------------------  ------------------------  -------------  --------  --------- 
 
 
 
 B: Qualifying Financial Instruments 
----------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
----------------------------------------------------------------------------- 
   Type of     Expiration    Exercise/         No. of voting       Percentage 
  financial       date       conversion         rights that         of voting 
  instrument                 period/date      may be acquired        rights 
                                                  (if the 
                                                 instrument 
                                            exercised/converted) 
------------  -----------  -------------  ----------------------  ----------- 
 
 
 
 C: Financial Instruments with similar economic effect 
  to Qualifying Financial Instruments 
---------------------------------------------------------------------------------------------- 
 Resulting situation after the triggering transaction 
---------------------------------------------------------------------------------------------- 
 Type of financial    Exercise    Expiration    Exercise/      Number of      % of voting 
  instrument           price       date          Conversion     voting         rights 
                                                 period         rights 
                                                                instrument 
                                                                refers 
                                                                to 
-------------------  ----------  ------------  -------------  -------------  ----------------- 
                                                                              Nominal    Delta 
-------------------  ----------  ------------  -------------  -------------  ---------  ------ 
                                                                                           1 
     ---------------------------------------------------------------------------------  ------ 
 
 
 Total (A+B+C) 
----------------------------------------------- 
 Number of voting rights   Percentage of voting 
                            rights 
------------------------  --------------------- 
 51,208,810                9.785% 
------------------------  --------------------- 
 
 
 9. Chain of controlled undertakings through which the 
  voting rights and/or the 
  financial instruments are effectively held, if applicable: 
------------------------------------------------------------- 
  Schroder Investment Management Limited    51,208,810 9.785% 
------------------------------------------------------------- 
 
 
 Proxy Voting: 
--------------------------------- 
 10. Name of the proxy holder: 
------------------------------- 
 11. Number of voting rights 
  proxy holder will acquire: 
------------------------------- 
 12. Date on which proxy holder 
  will acquire voting rights: 
------------------------------- 
 
 
 13. Additional information: 
                                  The shares referred to in section 
                                  9 are held in portfolios managed 
                                  by those firms on a discretionary 
                                  basis for clients under investment 
                                  management agreements. 
-----------------------------  ------------------------------------- 
 14. Contact name:              Mia Cameron 
-----------------------------  ------------------------------------- 
 15. Contact telephone 
  number:                       01942 327206 
-----------------------------  ------------------------------------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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May 27, 2016 08:34 ET (12:34 GMT)