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): |
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An acquisition or disposal of voting rights |
Yes |
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An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached |
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments |
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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:
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FIL Limited |
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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. |
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SHARES HELD |
NOMINEE |
MANAGEMENT |
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50,071,051 |
BROWN BROS HARRIMN LTD LUX |
FIL |
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102,660 |
JP MORGAN, BOURNEMOUTH |
FISL |
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45,578 |
BROWN BROS HARRIMN LTD LUX (C) |
FIL |
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523,752 |
JP MORGAN, BOURNEMOUTH (C) |
FIL |
5. Date of the transaction and date on which the threshold is crossed or reached:
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11 May 2011 |
6. Date on which issuer notified:
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12 May 2011 |
7. Threshold(s) that is/are crossed or reached:
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10% |
8. Notified details: |
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A: Voting rights attached to shares
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Class/type of
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Situation previous |
Resulting situation after the triggering transaction |
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Number |
Number |
Number |
Number of voting |
% of voting rights |
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Indirect |
Direct |
Indirect |
Direct |
Indirect |
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GB0000163088 |
53,323,874 |
53,323,874 |
50,743,041 |
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50,743,041 |
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9.81 |
B: Qualifying Financial Instruments |
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Resulting situation after the triggering transaction
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Type of financial |
Expiration |
Exercise/ |
Number of voting
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% of voting |
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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 financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights
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Nominal |
Delta
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Total (A+B+C)
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Number of voting rights |
Percentage of voting rights |
50,743,041 |
9.81% |
9. Chain of controlled undertakings through which the voting rights and/or the |
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 |
50,071,051 |
BROWN BROS HARRIMN LTD LUX |
FIL |
102,660 |
JP MORGAN, BOURNEMOUTH |
FISL |
45,578 |
BROWN BROS HARRIMN LTD LUX (C) |
FIL |
523,752 |
JP MORGAN, BOURNEMOUTH (C) |
FIL |
Proxy Voting:
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10. Name of the proxy holder:
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FIL Limited |
11. Number of voting rights proxy holder will cease to hold:
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2,583,833 |
12. Date on which proxy holder will cease to hold voting rights:
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11 May 2011 |
13. Additional information:
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None |
14. Contact name:
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Suzana Koncarevic
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15. Contact telephone number:
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01942 327206 |