Holding(s) in Company

RNS Number : 3349B

Speedy Hire PLC

16 February 2011

 



TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

Speedy Hire Plc

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights		Yes
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:	FIL Limited
4. Full name of shareholder(s) (if different from 3.):	FIL Limited (FIL) is the parent holding company for various direct and indirect subsidiaries, including FIL Fund Management Limited (FFML), FIL Investment Services Ltd (FISL), FIL Gestion (FIGEST), FIL Asset Management (Korea) Limited (FIAKL), FIL Investments Management (Hong Kong) Limited (FIMHK), FIL Pension Management (FPM), Fidelity Investments Japan (FIJ) and FIL Investments International (FII), investment managers for various non-US investment companies and institutional clients.
	SHARES HELD	NOMINEE	MANAGEMENT COMPANY
	61,105,284	BROWN BROS HARRIMN LTD LUX	FIL
	778,226	BROWN BROTHERS HARRIMAN AND CO	FIJ
	102,660	JP MORGAN, BOURNEMOUTH	FISL
	14,074	BROWN BROS HARRIMN LTD LUX (C)	FIL
	50,884	JP MORGAN, BOURNEMOUTH (C)	FIL

5. Date of the transaction and date on which the threshold is crossed or reached:	14 February 2011
6. Date on which issuer notified:	15 February 2011
7. Threshold(s) that is/are crossed or reached:	12%

8. Notified details:
A: Voting rights attached to shares
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
			Indirect	Direct	Indirect	Direct	Indirect
GB0000163088	63,055,488	63,055,488	62,051,128		62,051,128		11.99

B: Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period	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
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/ Conversion period	Number of voting rights instrument refers to	% of voting rights
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
62,051,128	11.99%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:

FIL Limited (FIL) is the parent holding company for various direct and indirect subsidiaries, including FIL Fund Management Limited (FFML), FIL Investment Services Ltd (FISL), FIL Gestion (FIGEST), FIL Asset Management (Korea) Limited (FIAKL), FIL Investments Management (Hong Kong) Limited (FIMHK), FIL Pension Management (FPM), Fidelity Investments Japan (FIJ) and FIL Investments International (FII), investment managers for various non-US investment companies and institutional clients.

SHARES HELD	NOMINEE	MANAGEMENT COMPANY
61,105,284	BROWN BROS HARRIMN LTD LUX	FIL
778,226	BROWN BROTHERS HARRIMAN AND CO	FIJ
102,660	JP MORGAN, BOURNEMOUTH	FISL
14,074	BROWN BROS HARRIMN LTD LUX (C)	FIL
50,884	JP MORGAN, BOURNEMOUTH (C)	FIL

Proxy Voting:
10. Name of the proxy holder:	FIL Limited
11. Number of voting rights proxy holder will cease to hold:	1,004,360
12. Date on which proxy holder will cease to hold voting rights:	14 February 2011

13. Additional information:	None
14. Contact name:	Suzana Koncarevic
15. Contact telephone number:	01942 327206

 

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