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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Straight | LSE:STT | London | Ordinary Share | GB0033695486 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 77.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMSTT RNS Number : 9291A Straight PLC 16 October 2009 Date: 16 October 2009 On behalf of: Straight plc ("Straight" or "the Group") For immediate release Straight plc Major Interest in Shares Straight plc (AIM: STT), the Environmental Products and Services Group, received notification on 14 October 2009 from Royal London Asset Management Limited of a change in the number of ordinary shares and percentage voting rights in the Company held in the registered name HSBC Global Custody Nominees (UK) Ltd ("HSBC"). "HSBC" previously held 365,000 Ordinary shares in the Company, and following the transaction on 13 October 2009, now hold 315,000 ordinary shares representing 2.74% of the voting issued share capital. - ends - For further information, please contact +-----------------------------------------------+---------------------------+ | Straight plc | | +-----------------------------------------------+---------------------------+ | Jonathan Straight, Chief Executive | 0113 245 2244 | | Jim Mellor, Finance Director | | +-----------------------------------------------+---------------------------+ | | | +-----------------------------------------------+---------------------------+ | Panmure Gordon | | +-----------------------------------------------+---------------------------+ | Andrew Godber / Ashton Clanfield | 020 7459 3600 | +-----------------------------------------------+---------------------------+ | | | +-----------------------------------------------+---------------------------+ | Redleaf Communications | | +-----------------------------------------------+---------------------------+ | Paul Dulieu / Sam Robbins / Kathryn Hurford | 020 7566 6700 | +-----------------------------------------------+---------------------------+ Notes to Editors * Straight plc is the UK's leading supplier of specialist kerbside recycling containers as well as a key supplier of a broad range of waste and recycling container solutions. Founded in 1993 by the current Chief Executive, Jonathan Straight, the business has since supplied more than 12 million kerbside recycling boxes to local authorities across the UK, securing its position as the industry leader. * In 2005, Straight acquired Blackwall Limited, the UK's largest supplier of home composters and water butts. Through the Blackwall brand, Straight has delivered more than 3.5 million compost bins and water butts. * The business operates through two divisions. The core Trade Business supplying products in bulk to local authorities, utilities, the waste industry, retailers and other businesses and the Retail Business supplying a range of proprietary environmentally friendly consumer products directly to the public, often in partnership with a local authority or a utility. * Straight operates a radical business model with all manufacture outsourced on an international basis. Most production is local to the end market keeping freight movements and associated emissions to a minimum. * In February 2009, Straight added to its portfolio with the acquisition of Harcostar Garden Products, a long established premium brand consisting of water butts, compost bins, watering cans and accessories. This has gained new distribution channels for the business in the UK and in Europe. * Straight plc has established diverse overseas sales channels and is now producing and selling water butts in Australia as well as strong initial sales in the United States and Canada. * Further information about the company and its products can be found at: www.straight.co.uk This information is provided by RNS The company news service from the London Stock Exchange END HOLBXBDGUBBGGCL
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