Holding(s) in Company

RNS Number : 4469D

Pressure Technologies PLC

28 March 2014

 



TR-1(i): NOTIFICATION OF MAJOR INTERESTS IN SHARES

1.      Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached (ii):

Pressure Technologies plc

2.      Reason for the notification (please state Yes/No):

An acquisition or disposal of voting rights: (YES)

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): (NO)

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

Artemis Investment Management LLP on behalf of discretionary funds under management

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

N/A

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

25 March 2014

6.      Date on which issuer notified:

26 March 2014

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

5%

8.      Notified details:

A:   Voting rights attached to shares (viii), (ix)

Class/type of shares if possible using the ISIN CODE	Situation previous to the triggering transaction
	Number of shares	Number of voting Rights
GB00B1XFKR57	750,000	750,000

Resulting situation after the triggering transaction
Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights (ix)		% of voting rights (x)
	Direct	Direct (xi)	Indirect (xii)	Direct	Indirect
GB00B1XFKR57	575,000	575,000	0	4.03%	0%

B:   Qualifying Financial Instruments

Resulting situation after the triggering transaction
Type of financial instrument	Expiration date (xiii)	Exercise/Conversion Period (xiv)	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(xv), (xvi)

Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date (xvii)	Exercise/ Conversion period (xviii)	Number of voting rights instrument refers to	% of voting rights (xix), (xx)
					Nominal	Delta

Total (A+B+C)

Number of voting rights	% of voting rights
575,000	4.03%

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

N/A

Proxy Voting:

10.    Name of the proxy holder:

N/A

11.    Number of voting rights proxy holder will cease to hold:

N/A

12.    Date on which proxy holder will cease to hold voting rights:

N/A

13.    Additional information:

N/A

14.    Contact name:

Richard Smithson

15.    Contact telephone number:

020 7399 6063

 

END

 

 

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