TIDMHSS TIDMSLA

RNS Number : 2108O

HSS Hire Group PLC

05 February 2021

TR-1: S tandard form for notification of major holdings

 
 NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and 
  to the FCA in Microsoft Word format if possible) (i) 
 
 1a. Identity of the issuer or the                                        HSS Hire Group plc 
  underlying issuer of existing shares 
  to which voting rights are attached 
  (ii) : 
                                                           ------------------------------------------------ 
 1b. Please indicate if the issuer is a non-UK issuer (please mark with 
  an "X" if appropriate) 
 Non-UK issuer 
                                                                                                      ----- 
 2. Reason for the notification (please mark the appropriate box or boxes 
  with an "X") 
 An acquisition or disposal of voting rights 
                                                                                                      ----- 
 An acquisition or disposal of financial instruments 
                                                                                                      ----- 
 An event changing the breakdown of voting rights                                                       X 
                                                                                                      ----- 
 Other (please specify)(iii) : 
                                                                                                      ----- 
 3. Details of person subject to the notification obligation (iv) 
 Name                                                       Aggregate of Standard Life Aberdeen 
                                                             plc affiliated investment management 
                                                             entities with delegated voting rights 
                                                             on behalf of multiple managed portfolios 
 City and country of registered office                      Edinburgh, Scotland 
  (if applicable) 
 4. Full name of shareholder(s) (if different from 3.) (v) 
 Name 
                                                           ------------------------------------------------ 
 City and country of registered office 
  (if applicable) 
                                                           ------------------------------------------------ 
 5. Date on which the threshold was                         08/12/2020 
  crossed or reached (vi) : 
                                                           ------------------------------------------------ 
 6. Date on which issuer notified (DD/MM/YYYY):             04/02/2021 
                                                           ------------------------------------------------ 
 7. Total positions of person(s) subject to the notification obligation 
                            % of voting       % of voting rights      Total of both    Total number 
                          rights attached      through financial       in % (8.A +      of voting rights 
                          to shares (total        instruments              8.B)         held in issuer 
                              of 8. A)           (total of 8.B                          (vii) 
                                                   1 + 8.B 2) 
                        ------------------  ----------------------  ----------------  --------------------- 
 Resulting situation 
  on the date on 
  which threshold 
  was crossed or 
  reached                    Below 5%                0.00               Below 5%           696,477,654 
                        ------------------  ----------------------  ----------------  --------------------- 
 Position of previous 
  notification 
  (if 
  applicable)                  8.20                  0.00                 8.20 
                        ------------------  ----------------------  ----------------  --------------------- 
 
 
 
 8. Notified details of the resulting situation on the date on which the 
  threshold was crossed or reached (viii) 
 A: Voting rights attached to shares 
 Class/type of               Number of voting rights                            % of voting rights 
  shares                      (ix) 
  ISIN code (if 
  possible) 
                                    Direct                   Indirect                   Direct                 Indirect 
                                    (DTR5.1)                (DTR5.2.1)                  (DTR5.1)               (DTR5.2.1) 
                                                    ------------------------- 
 GB00BVFD4645                         N/A                    Below 5%                     N/A                  Below 5% 
                            ----------------------  -------------------------  ------------------------  -------------------- 
 
 
 SUBTOTAL 8. A                                   Below 5%                                         Below 5% 
                            -------------------------------------------------  ---------------------------------------------- 
 
 B 1: Financial Instruments according to DTR5.3.1R (1) (a) 
 Type of financial           Expiration   Exercise/                      Number of voting                 % of voting rights 
  instrument                  date         Conversion Period              rights that may 
                              (x)          (xi)                           be acquired if 
                                                                          the instrument 
                                                                          is 
                                                                          exercised/converted. 
                            -----------  -----------------------------  -------------------------------  -------------------- 
 
 
 
                                          SUBTOTAL 8. B 1 
                                         -----------------------------  -------------------------------  -------------------- 
 
 B 2: Financial Instruments with similar economic effect according to DTR5.3.1R 
  (1) (b) 
 Type of            Expiration            Exercise/           Physical or            Number of            % of voting rights 
 financial           date (x)              Conversion          cash                   voting rights 
 instrument                                Period (xi)         settlement 
                                                               (xii) 
                   --------------------  ------------------  ---------------------  ------------------- 
 
 
 
                                                              SUBTOTAL 8.B.2 
                                                             ---------------------  ------------------- 
 
   9. Information in relation to the person subject to the notification 
    obligation (please mark the 
    applicable box with an "X") 
   Person subject to the notification obligation is not controlled 
    by any natural person or legal entity and does not control 
    any other undertaking(s) holding directly or indirectly an 
    interest in the (underlying) issuer (xiii) 
   Full chain of controlled undertakings through which the voting                                                       X 
    rights and/or the 
    financial instruments are effectively held starting with the 
    ultimate controlling natural person or legal entity (xiv) (please 
    add additional rows as necessary) 
        Name (xv)               % of voting rights                 % of voting rights            Total of both if it equals 
                                  if it equals or                   through financial               or is higher than the 
                                is higher than the                  instruments if it                notifiable threshold 
                               notifiable threshold                equals or is higher 
                                                                   than the notifiable 
                                                                        threshold 
                        ---------------------------------  ----------------------------------  ------------------------------ 
   Standard Life 
    Aberdeen plc 
                        ---------------------------------  ----------------------------------  ------------------------------ 
   Standard Life 
    Investments 
    (Holdings) 
    Limited 
                        ---------------------------------  ----------------------------------  ------------------------------ 
   Standard Life 
    Investments 
    (Private Capital) 
    Limited 
                        ---------------------------------  ----------------------------------  ------------------------------ 
   SL Capital                        Below 5%                             0.00                            Below 5% 
    Partners LLP 
                        ---------------------------------  ----------------------------------  ------------------------------ 
 
   10. In case of proxy voting, please identify: 
   Name of the proxy holder 
                                                           ------------------------------------------------------------------ 
   The number and % of voting rights 
    held 
                                                           ------------------------------------------------------------------ 
   The date until which the voting 
    rights will be held 
                                                           ------------------------------------------------------------------ 
 
   11. Additional information (xvi) 
 
     In reference to section 9, the shares detailed are managed by the named 
     discretionary investment management entity within multiple portfolios 
     on behalf of underlying clients, based on investment management agreements 
     whereby the client has delegated the exercise of the voting power to 
     the referenced investment manager. 
 
     This disclosure also reflects the fact that the voting rights effectively 
     held indirectly by the underlying intermediate holding company Standard 
     Life Investments (Holdings) Limited and held by the underlying investment 
     management entity SL Capital Partners LLP decreased below the 5% notifiable 
     threshold due to the admission of new shares announced by HSS Hire Group 
     plc on 8 December 2020. 
 
 
 
 Place of completion   Aberdeen, United Kingdom 
 Date of completion    04/02/2021 
                      ------------------------- 
 

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