PEG Petards Group Plc

 

TIDMPEG 
 
RNS Number : 4152M 
Petards Group PLC 
24 May 2010 
 

 
+----------------+--------------------+--+----+----------------------------+--------+ 
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+----------------------------------------+------------------------------------------+ 
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+----------------------------------------+------------------------------------------+ 
|                                                                                   | 
+-----------------------------------------------------------------------------------+ 
| TR-1: NOTIFICATION OF MAJOR                                                       | 
| INTEREST IN SHARESi                                                               | 
|                                                                                   | 
+-----------------------------------------------------------------------------------+ 
|                                             |                                     | 
+---------------------------------------------+-------------------------------------+ 
| 1. Identity of the issuer or the underlying |          PETARDS GROUP PLC          | 
| 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                              |   ü    | 
+--------------------------------------------------------------------------+--------+ 
| 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) subject   |           HARGREAVE HALE LIMITED            | 
| to the                              |                                             | 
| notification obligation: iii        |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 4. Full name of shareholder(s)      |            DISCRETIONARY CLIENTS            | 
|  (if different from 3.):iv          |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 5. Date of the transaction and date |                21 MAY 2010                  | 
| on                                  |                                             | 
| which the threshold is crossed or   |                                             | 
| reached: v                          |                                             | 
+-------------------------------------+---------------------------------------------+ 
| 6. Date on which issuer notified:   |                24 MAY 2010                  | 
+-------------------------------------+---------------------------------------------+ 
| 7. Threshold(s) that is/are crossed |                    5%                       | 
| or                                  |                                             | 
| reached: vi, vii                    |                                             | 
+-------------------------------------+---------------------------------------------+ 
|                |                    |  |    |                            |        | 
+----------------+--------------------+--+----+----------------------------+--------+ 
 
+--------------+--------+------+------+---+------+-----+------------+------+---+--------+-----+------+--------+-----------+ 
| 8. Notified details:                                                                                                    | 
+-------------------------------------------------------------------------------------------------------------------------+ 
| A: Voting rights attached to shares viii, ix                                                                            | 
+-------------------------------------------------------------------------------------------------------------------------+ 
| Class/type   | Situation previous                    | Resulting situation after the triggering transaction             | 
| of           | to the triggering                     |                                                                  | 
| shares       | transaction                           |                                                                  | 
| if           |                                       |                                                                  | 
| possible     |                                       |                                                                  | 
| using        |                                       |                                                                  | 
| the ISIN     |                                       |                                                                  | 
| CODE         |                                       |                                                                  | 
+              +---------------------------------------+------------------------------------------------------------------+ 
|              | Number               | Number         | Number                | Number of           | % of               | 
|              | of                   | of             | of shares             | voting              | voting             | 
|              | Shares               | Voting         |                       | rights              | rights x           | 
|              |                      | Rights         |                       |                     |                    | 
+              +                      +                +-----------------------+---------------------+--------------------+ 
|              |                      |                | Direct     | Indirect | Direct | Indirect   | Direct | Indirect  | 
|              |                      |                |            |          | xi     | xii        |        |           | 
+--------------+----------------------+----------------+------------+----------+--------+------------+--------+-----------+ 
| GB0030040090 | 37,500,000           | 37,500,000     |            | 0        |        | 0          |        | 0%        | 
|              |                      |                |            |          |        |            |        |           | 
+--------------+                      +                +            +          +        +            +        +           + 
|              |                      |                |            |          |        |            |        |           | 
+--------------+----------------------+----------------+------------+----------+--------+------------+--------+-----------+ 
|                                                                                                                         | 
+-------------------------------------------------------------------------------------------------------------------------+ 
| B: Qualifying Financial Instruments                                                                                     | 
+-------------------------------------------------------------------------------------------------------------------------+ 
| Resulting situation after the triggering transaction                                                                    | 
+-------------------------------------------------------------------------------------------------------------------------+ 
| Type of financial            | Expiration      | Exercise/               | Number of voting        | % of voting        | 
| instrument                   | date xiii       | Conversion Period       | rights that may be      | rights             | 
|                              |                 | xiv                     | 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 price  | Expiration | Exercise/  | Number of voting        | % of voting rights        | 
| financial             |                 | date xvii  | Conversion | rights instrument       | xix, xx                   | 
| instrument            |                 |            | period     | refers to               |                           | 
|                       |                 |            | xviii      |                         |                           | 
+-----------------------+-----------------+------------+------------+-------------------------+---------------------------+ 
|                       |                 |            |            |                         | Nominal       | Delta     | 
|                       |                 |            |            |                         |               |           | 
+                       +                 +            +            +                         +---------------+-----------+ 
|                       |                 |            |            |                         |               |           | 
+-----------------------+-----------------+------------+------------+-------------------------+---------------+-----------+ 
|                                                                                                                         | 
+-------------------------------------------------------------------------------------------------------------------------+ 
| Total (A+B+C)                                                                                                           | 
+-------------------------------------------------------------------------------------------------------------------------+ 
| Number of voting rights                                           | Percentage of voting rights                         | 
+-------------------------------------------------------------------+-----------------------------------------------------+ 
| 0                                                                 | 0%                                                  | 
+-------------------------------------------------------------------+-----------------------------------------------------+ 
|              |        |      |      |   |      |     |            |      |   |        |     |      |        |           | 
+--------------+--------+------+------+---+------+-----+------------+------+---+--------+-----+------+--------+-----------+ 
 
+--------------------------------------+-----------+------------------------------+ 
| 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:                    | David Clueit                             | 
+--------------------------------------+------------------------------------------+ 
| 15. Contact telephone number:        | 01253 754739                             | 
+--------------------------------------+------------------------------------------+ 
|                                      |           |                              | 
+--------------------------------------+-----------+------------------------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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