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 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 |
|
||
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: |
Toscafund Asset Management LLP |
||
4. Full name of shareholder(s) (if different from 3.): |
Tosca Mid Cap Tosca Opportunity Pegasus Montlake Pegasus
|
||
5. Date of the transaction (and date on which the threshold is crossed or reached): |
24 November 2015 |
||
6. Date on which issuer notified: |
26 November 2015 |
||
7. Threshold(s) that is/are crossed or reached: |
14% |
||
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 |
||||
72,719,440 |
72,719,440 |
||||
|
|||||
Resulting situation after the triggering transaction |
|||||
Number of shares |
Number of voting rights |
Percentage of |
|||
Direct |
Indirect |
Direct |
Indirect |
||
73,219,440 |
0 |
73,219,440 |
0 |
14.03% |
|
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 |
Percentage of voting rights |
|
|
|
|
|
C: Financial Instruments with similar economic effect to Qualifying Financial Instruments |
||||||
Resulting situation after the triggering transaction
|
||||||
Type of financial |
Exercise |
Expiration |
Exercise/ |
Number of voting |
% of voting rights
|
|
|
|
|
|
|
Nominal |
Delta |
|
|
Total (A+B+C) |
|
Number of voting rights |
Percentage of voting rights |
73,219,440 |
14.03% |
9. Chain of controlled undertakings through which the voting rights and/or the |
||
|
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:
|
|
14. Contact name:
|
James Blair |
15. Contact telephone number:
|
01942 327206 |