Holding(s) in Company

RNS Number : 5169T
Pressure Technologies PLC
08 June 2009
 





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:

  

Pressure Technologies Plc


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

 


Other (please specify):

  Disclosure due to new DTR 5.3 Rule

X


3. Full name of person(s) subject to the notification obligation:


 

GAM International Management Limited

4. Full name of shareholder(s) (if different from 3.):


 

5. Date of the transaction and date on which the threshold is crossed or reached:


 1st June 2009

6. Date on which issuer notified:


 2nd June 2009

7. Threshold(s) that is/are crossed or reached:


 8%

  

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

V
oting
Rights

Number
of shares

Number of voting
rights

% of voting rights

Direct

Direct

Indirect

Direct

Indirect

Ordinary Shares

 

 

 

 

 

 

 

 GB00B1XFKR57


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

 

 

 

 

 


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


 CFDs

 

 

 

901,110 

Nominal

Delta


 7.951%

 1


Total (A+B+C)


Number of voting rights

Percentage of voting rights

 1,008,000

8.894% 


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:

GAM International Management Limited holdings broken down over the following funds:

GAM UK Hedge Investments Inc: 901,110 CFDs, 7.951%

Other funds managed by GAM International Management Limited: under 3% on a fund level basis.


Proxy Voting:


10. Name of the proxy holder:


 Institutional Shareholder Services

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:


 

15. Contact telephone number:


 



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