Holding(s) in Company (0364Y)
December 15 2010 - 10:19AM
UK Regulatory
TIDMPEG
RNS Number : 0364Y
Petards Group PLC
15 December 2010
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES
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1. Identity of the issuer or the
underlying issuer of existing
shares to which voting rights are
attached: Petards Group plc
------------------------------------ -------------------------------------
2 Reason for the notification (please tick the appropriate box or boxes):
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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
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Other (please
specify):
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3. Full name of person(s) subject
to the
notification obligation: Gartmore Investments Limited
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Registered owner: Nortrust Nominees
4. Full name of shareholder(s) Limited Beneficial owner:
(if different from 3.): Strathclyde Pension Fund
------------------------------------ -------------------------------------
5. Date of the transaction and date
on
which the threshold is crossed or
reached: 10 December 2010
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6. Date on which issuer notified: 13 December 2010
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7. Threshold(s) that is/are crossed
or
reached: 5%
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8. Notified details:
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A: Voting rights attached to shares
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Class/type
of shares if
possible Situation previous
using the to the triggering Resulting situation after the triggering
ISIN CODE transaction transaction
------------- -------------------------------- ----------------------------------------------------------------------
Number
Number of
of Voting Number Number of voting
Shares Rights of shares rights % of voting rights
------------- --------------- --------------- ---------------------- ---------------------- ----------------------
Direct Indirect Direct Indirect Direct Indirect
------------- ----------- ----------- ----------- --------- ------- ------------- --------- -----------
GB0030040090 42,000,000 42,000,000 17,000,000 17,000,000 2.670%
--------------- --------------- ----------- --------- ------- ------------- --------- -----------
B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Number of voting
rights that may
be
Type of acquired if the
financial Expiration Exercise/ instrument is % of voting
instrument date Conversion Period exercised/ converted. rights
----------------- --------------- ----------------------------------- ------------------------ --------------------
C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments
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Resulting situation after the triggering transaction
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Type of Exercise/ Number of voting
financial Exercise Expiration Conversion rights instrument
instrument price date period refers to % of voting rights
--------------- --------------- ------------- ----------- -------------------- -----------------------------------
Nominal Delta
--------------- --------------- ------------- ----------- -------------------- ------------------------ ---------
Total (A+B+C)
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Number of voting rights Percentage of voting rights
------------------------------------------------------------ ---------------------------------------------------------
17,000,000 2.670%
------------------------------------------------------------ ---------------------------------------------------------
9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable:
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Proxy Voting:
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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:
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All figures are based on the
Company's issued share capital of
636,710,000 as provided by Exshare
13. Additional information: Email contact RDU@Gartmore.com
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14. Contact name: RDU
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15. Contact telephone number: 0207 782 2224
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This information is provided by RNS
The company news service from the London Stock Exchange
END
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