Notification of major interest in shares

RNS Number : 3101M

Hunting PLC

12 August 2011

 



For immediate release

12 August 2011

Hunting PLC

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:			Hunting PLC GB0004478896
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
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				YES
Other (please specify):
3. Full name of person(s) subject to the notification obligation:		HUNTING INVESTMENTS LIMITED
4. Full name of shareholder(s)  (if different from 3.)		N/A
5. Date of the transaction and date on which the threshold is crossed or reached:		10 AUGUST 2011
6. Date on which issuer notified:		11 AUGUST 2011
7. Threshold(s) that is/are crossed or reached:		7% (DILUTED TO BELOW 8% AFTER ISSUE OF 13,175,838 NEW ORDINARY SHARES)

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

Direct

Direct

Indirect

Direct

Indirect

GB0004478896

10,884,743

10,884,743

10,884,743

10,884,743

7.44%

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

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

10,884,743

7.44%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
N/A
Proxy Voting:
10. Name of the proxy holder:		HUNTING INVESTMENTS LIMITED
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:	Calculation of 7.44% ownership is based on 146,265,111 total shares and voting rights in issue.
14. Contact name:	David Hunting
15. Contact telephone number:	[phone]

 

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