Clarification of holding in the Company

RNS Number : 5632Z

Flowtech Fluidpower PLC

24 May 2021

 

Issued on behalf of Flowtech Fluidpower PLC Monday, 24 May 2021 Immediate Release

FLOWTECH FLUIDPOWER PLC ("Flowtech" or the "Group" or "Company") leading specialist supplier of technical fluid power components and services

Clarification of holding in the Company

The Company released a correction update on 20 May relating to the holding in the Company held by Downing LLP (RNS 3656Z replacing RNS 2033Z issued on 19 May 2021).

Downing LLP has advised the Company that following a timing issue in the booking of some trades earlier in the week it had come to light that the information is incorrect in relation to their percentage holding.

Based on the number of shares in issue (Total Voting Rights), the information below reflects Downing LLP's position in the Company as of today's date:

Downing LLP	Number of shares held	percentage	TVR
Disclosed position January 2021	3,809,702	6.20%	61,492,673
Disclosed position May 2021	3,826,163	6.22%	61,492,673

ENQUIRIES:

FLOWTECH FLUIDPOWER PLC

Russell Cash, Chief Financial Officer Tel: [phone] Email : [e-mail] For more information please visit, www.flowtechfluidpower.com

Zeus Capital Limited (Nominated Adviser and Joint Broker) Andrew Jones, Kieran Russell (Corporate Finance) Dominic King, John Goold (Sales & Broking) Tel: + 44 (0) 20 3829 5000

finnCap Limited (Joint Broker) Ed Frisby, Kate Bannatyne (Corporate Finance) Rhys Williams, Andrew Burdis (Sales & Broking) Tel: + 44 (0) 20 7220 0500

TooleyStreet Communications (IR and media relations) Fiona Tooley Tel: [phone] or email: [e-mail]

 

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