5 Mar 2012 12:37
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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: | Speedy Hire PLC |
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2: Reason for notification (yes/no) | ||
An acquisition or disposal of voting rights | No | |
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): | Change to shares in issue | Yes |
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3. Full name of person(s) subject to the notification obligation: | Hermes Equity Ownership Services Limited and Hermes Focus Asset Management Limited |
4. Full name of shareholder(s) (if different from 3.): | Shares are held by the relevant custodian(s) |
5. Date of the transaction (and date on which the threshold is crossed or reached): | 02/03/2012 |
6. Date on which issuer notified: | 05/03/2012 |
7. Threshold(s) that is/are crossed or reached: | 4% |
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8: Notified Details | ||||
A: Voting rights attached to shares | ||||
Class/type of share If possible use ISIN code | GB0000163088 | |||
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Situation previous to the triggering transaction | ||||
Number of shares | Number of voting rights | |||
29,008,256 | 29,008,256 | |||
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Resulting situation after the triggering transaction | ||||
Number of shares | Number of voting rights | Percentage ofvoting rights | ||
Direct | Indirect | Direct | Indirect | |
N/A | N/A | 24,008,256 | N/A | 4.64166% |
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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 |
Β | Β | Β | Β | Β |
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C: Financial Instruments with similar economic effect to Qualifying Financial Instruments | ||||||
Resulting situation after the triggering transactionΒ | ||||||
Type of financialinstrument | Exerciseprice | Expirationdate | Exercise/Conversionperiod | Number of votingrights instrumentrefers to | % of voting rights Β | |
Β | Β | Β | Β | Β | Nominal | Delta |
Β | Β | |||||
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Total (A+B+C) | |
Number of voting rights | Percentage of voting rights |
Β 24,008,256 | 4.64166% |
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9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: |
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: Β 1. Hermes Equity Ownership Services Limited ("HEOS") (voting rights 0.07167%)* Β 2. Hermes Focus Asset Management Limited ("HFAM") as General Partner of the following limited partnerships: Β a. Hermes UK Specialist Focus Fund ("HUKSFF") (voting rights 5.87221%)** Β * 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. Β ** 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. Β |
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Proxy Voting: Β | |
10. Name of the proxy holder: Β | Β See comment in Section 9 |
11. Number of voting rights proxy holder will cease to hold: Β | Β See comment in Section 9 |
12. Date on which proxy holder will cease to hold voting rights: Β | Β See comment in Section 9 |
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13. Additional information: Β | |
14. Contact name: Β | Suzana Koncarevic |
15. Contact telephone number: Β | 01942 327206 |
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