Holding(s) in Company

RNS Number : 2456I

Speedy Hire PLC

23 July 2012

 



TR-1:          Notifications of Major Interests 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 notification (yes/no)
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		No
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments		No
An event changing the breakdown of voting rights		No
Other (please specify):		No

3. Full name of person(s) subject to the notification                          obligation:	Hermes Equity Ownership Services      Limited and Hermes Focus Asset Management Limited
4. Full name of shareholder(s) (if different from 3.):	Shares are held by the relevant custodian(s)
5. Date of the transaction (and date on which the threshold        is crossed or reached):	20/07/2012
6. Date on which issuer notified:	23/07/2012
7. Threshold(s) that is/are crossed or reached:	From 4% to 2%

8:    Notified Details
A:   Voting rights attached to shares
Class/type of share  If possible use ISIN code		GB0000163088
Situation previous to the triggering transaction
Number of shares		Number of voting rights
23,568,838		23,568,838
Resulting situation after the triggering transaction
Number of shares	Number of voting rights		Percentage of voting rights
	Direct	Indirect	Direct	Indirect
N/A	N/A	11,568,838	N/A	2.23664%

B:   Qualifying Financial Instruments
Resulting situation after the triggering transaction
Type of financial instrument	Expiration date	Exercise/ conversion period/date	No. of voting rights that may be acquired (if the instrument exercised/converted)	Percentage 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
11,568,838	2.23664%

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

BT Pension Scheme Trustees Limited, as a trustee of the BT Pension Scheme ("BTPS") controls Britel Fund Trustees Limited, which is the parent undertaking of Hermes Fund Managers Limited ("HFML").  HFML is the parent undertaking of: 1.   Hermes Equity Ownership Services Limited ("HEOS") (voting rights 0.03332%)* 2.   Hermes Focus Asset Management Limited ("HFAM") as General Partner of the following limited partnerships: a.   Hermes UK Specialist Focus Fund ("HUKSFF") (voting rights 2.20331%)** * This notification is being made in respect of HEOS, which is an indirect holder of shares for the purpose of DTR 5.2.1 (h), as a result of control of voting rights in relation to such shares. ** HUKSFF has two general partners; Hermes Investment Management Limited and HFAM.  Under the limited partnership agreement for HUKSFF the voting obligations are exercised by HFAM.

Proxy Voting:
10. Name of the proxy holder:	See comment in Section 9
11. Number of voting rights proxy holder will cease to hold:	See comment in Section 9
12. Date on which proxy holder will cease to hold voting rights:	See comment in Section 9

13. Additional information:
14. Contact name:	James Blair
15. Contact telephone number:	01942 327206

 

END

 

 

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