Holding(s) in Company

RNS Number : 1454S

Speedy Hire PLC

03 July 2015

 



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:		Aberforth Partners LLP
4. Full name of shareholder(s) (if different from 3.):		1.   Aberforth Smaller Companies Trust plc (23,038,335 shares) 2.   Aberforth UK Small Companies Fund (3,255,113 shares) All shares are registered in the name of Nortrust Nominees Ltd A/c Aberfrth
5. Date of the transaction (and date on which the threshold is crossed or reached):		1 July 2015
6. Date on which issuer notified:		2 July 2015
7. Threshold(s) that is/are crossed or reached:		5%

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
25,626,658			25,626,658
Resulting situation after the triggering transaction
Number of shares	Number of voting rights			Percentage of voting rights
	Direct	Indirect		Direct	Indirect
26,293,448	0	26,293,448		0%	5.04%

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
N/A	N/A	N/A	N/A	N/A

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
N/A	N/A	N/A	N/A	N/A	Nominal	Delta
					N/A	N/A

Total (A+B+C)
Number of voting rights	Percentage of voting rights
26,293,448	5.04%

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

Held by Aberforth Partners LLP

Proxy Voting:
10. Name of the proxy holder:	N/A
11. Number of voting rights proxy holder will acquire:	N/A
12. Date on which proxy holder will acquire voting rights:	N/A

13. Additional information:	Aberforth Partners LLP is interested in a further 4,332,200 shares, but has no access to the voting rights of these shares.
14. Contact name:	James Blair
15. Contact telephone number:	01942 327206

 

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