Holding(s) in Company

RNS Number : 9181A

Pressure Technologies PLC

16 October 2009

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii				Pressure Technologies
2 Reason for the notification (please tick the appropriate box or boxes):
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
Other (please specify):
3. Full name of person(s) subject to the notification obligation: iii		Brewin Dolphin Limited
4. Full name of shareholder(s)   (if different from 3.):iv
5. Date of the transaction and date on which the threshold is crossed or reached: v		14th October 2009
6. Date on which issuer notified:		15th October 2009
7. Threshold(s) that is/are crossed or reached: vi, vii		10%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B1XFKR57 ORD GBP0.05

1,135,409

1,135,409

N/A

N/A

1,129,974

N/A

9.9701%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/  Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

1,129,974

9.9701%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
Indirect - Brewin Nominees (Channel Islands) Limited - 3,000 0.0265% Indirect - Brewin Nominees Limited - 49,984 0.4410% Indirect - Giltspur Nominees Limited - 1,076,990  9.5026%
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:	Figures based on shares in issue of 11,333,620 The indirect voting rights under (9) relate to shares held in client portfolios, managed by those firms, under discretionary investment management agreements.   John Hayward, a Director of Pressure Technologies plc, represents 8.8237% of the total indirect voting rights under (9) in Giltspur Nominees. This is as a result of him transferring his holding in the company from certificated to un-certificated form.
14. Contact name:	Mark Taylor
15. Contact telephone number:	0845 059 6332

 

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