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Hirco plc (HRCO)

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Wednesday 11 May, 2011

Hirco plc

Hirco plc - Rule 17 Disclosure - HSBC Holdings plc

RNS Number : 4209G
Hirco plc
11 May 2011
 

 

 

News Release

 

Hirco PLC

("Hirco" or the "Company")

 

Hirco plc - Rule 17 Disclosure - HSBC Holdings plc

 

Holding in a Company

 

May 11, 2011 - LONDON - Hirco PLC (AIM: HRCO), an investment vehicle for Hiranandani, India's largest developer of prestigious mixed-use townships, today announced that in accordance with rule 17 of the AIM Rules, the Company has been notified of the following notice of change in a notifiable interest in the Company's ordinary shares of 1p each ("Shares").

 

Schedule Five

 

(a)        the identity of the significant shareholder concerned;

            HSBC Holdings plc and its subsidiary companies.

 

(b)        the date on which the disclosure was made to it;

            10 May 2011

 

(c)        the date on which the deal or the relevant change to the holding was effected;

            4 May 2011

 

(d)        the price, amount and class of the AIM securities concerned;

Not known

 

(e)        the nature of the transaction;

Not known

 

(f)         the nature and extent of the significant shareholder's interest in the transaction;

The significant shareholder now holds less than 3% of the Company's issued share capital. 

 

(g)        where a deal takes place when it is in any close period under rule 21, the date upon which any previous binding commitment was notified or the date upon which the Exchange granted permission to deal in order to mitigate severe personal hardship; and

            N/A

 

(h)        where the notification concerns a related financial product, the detailed nature of the exposure;

            N/A

 

ENDS

 

Contacts:                               

 

Hirco                                                               Gutenberg Communications

Investor Relations                                         US - Hugh Burnham / Michael Gallo

+44(0) 1624 647 069                                      +1 212 239 8595 / +1 212 239 8594

ir@hircoplc.co.im                                             hugh@gutenbergpr.com
mgallo@gutenbergpr.com

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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