RNS Number : 2456I
Speedy Hire PLC
23 July 2012
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TR-1: Notifications of Major Interests in Shares
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1: Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
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Speedy Hire PLC
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2: Reason for notification (yes/no)
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An acquisition or disposal of voting rights
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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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No
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An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
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No
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An event changing the breakdown of voting rights
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No
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Other (please specify):
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No
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3. Full name of person(s) subject to the notification
obligation:
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Hermes Equity Ownership Services Limited and Hermes Focus Asset Management Limited
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4. Full name of shareholder(s) (if different from 3.):
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Shares are held by the relevant custodian(s)
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5. Date of the transaction (and date on which the threshold
is crossed or reached):
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20/07/2012
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6. Date on which issuer notified:
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23/07/2012
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7. Threshold(s) that is/are crossed or reached:
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From 4% to 2%
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8: Notified Details
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A: Voting rights attached to shares
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Class/type of share If possible use ISIN code
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GB0000163088
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Situation previous to the triggering transaction
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Number of shares
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Number of voting rights
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23,568,838
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23,568,838
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Resulting situation after the triggering transaction
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Number of shares
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Number of voting rights
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Percentage of
voting rights
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Direct
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Indirect
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Direct
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Indirect
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N/A
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N/A
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11,568,838
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N/A
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2.23664%
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B: Qualifying Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial instrument
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Expiration date
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Exercise/ conversion period/date
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No. of voting rights that may be acquired
(if the instrument exercised/converted)
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Percentage of voting rights
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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
instrument
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Exercise
price
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Expiration
date
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Exercise/
Conversion
period
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Number of voting
rights instrument
refers to
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% of voting rights
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Nominal
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Delta
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Total (A+B+C)
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Number of voting rights
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Percentage of voting rights
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11,568,838
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2.23664%
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9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
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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.
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Proxy Voting:
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10. Name of the proxy holder:
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See comment in Section 9
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11. Number of voting rights proxy holder will cease to hold:
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See comment in Section 9
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12. Date on which proxy holder will cease to hold voting rights:
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See comment in Section 9
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13. Additional information:
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14. Contact name:
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James Blair
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15. Contact telephone number:
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01942 327206
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This information is provided by RNS
The company news service from the London Stock Exchange
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