Last checked at 9 Jun 2008 12:18
TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Petards Group Plc
2. Reason for the notification (please place an X inside the appropriate bracket/s):
An acquisition or disposal of voting rights: ( X )
An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: ( )
An event changing the breakdown of voting rights: ( )
Other (please specify): ( )
3. Full name of person(s) subject to the notification obligation:
Barclays PLC……………..
4. Full name of shareholder(s) (if different from 3.):
Barclays Bank Trust Company Ltd
Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd
5. Date of the transaction (and date on which the threshold is crossed or reached:
30 May 2008……………..
6. Date on which issuer notified:
9 June 2008……………..
7. Threshold(s) that is/are crossed or reached:
5% to 6%……………..
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 | |
| Number of shares | Number of voting Rights | |
| GB0030040090 | 36,923,027 | 36,923,027 |
Resulting situation after the triggering transaction
| Class/type of shares if possible using the ISIN CODE | Number of shares | Number of voting rights | % of voting rights | ||
|
|
| Direct | Indirect | Direct | Indirect |
| GB0030040090 | 38,478,871 | 0 | 38,478,871 | 0 | 6.04% |
B: Financial Instruments
Resulting situation after the triggering transaction
| Type of financial instrument | Expiration Date | Exercise/Conversion Period/ Date | Number of voting rights that may be acquired if the instrument is exercised/ converted. | % of voting rights |
Total (A+B)
| Number of voting rights | % of voting rights |
| 38,478,871 | 6.04% |
9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable :
Barclays Bank Trust Company Ltd
Barclays Stockbrokers Ltd
Gerrard Investment Management Ltd
Proxy Voting:
10. Name of the proxy holder:
……………..
11. Number of voting rights proxy holder will cease to hold:
……………..
12. Date on which proxy holder will cease to hold voting rights:
……………..
13. Additional information:
14. Contact name:
Andy Wonnacott, Finance Director
15. Contact telephone number:
0191 420 3000