PEG Petards Group Plc

RNS Number:9800Y
Petards Group PLC
25 June 2007


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):

...Petards Group plc..............



2. Reason for the notification (please place an X inside the appropriate 
bracket/s):

An acquisition or disposal of voting rights: (  X )

An acquisition or disposal of financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached: (    )

An event changing the breakdown of voting rights: (    )

Other (please specify) : (    )


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

Hargreave Hale Limited.................


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

.................



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

22nd June 2007.................



6. Date on which issuer notified:

25th June 2007.................



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

10%.................



8. Notified details:

.................



A: Voting rights attached to shares


Class/type of shares if possible           Situation previous to the Triggering transaction (vi)
using the ISIN CODE
                                  Number of shares                   Number of voting Rights (viii)

GB0030040090                      64,800,000                         64,800,000

Resulting situation after the triggering transaction (vii)


Class/type of shares if      Number of shares         Number of voting rights (ix)      % of voting rights
possible using the ISIN CODE
                                                      Direct (x)   Indirect (xi)        Direct      Indirect

 GB0030040090                  62,000,000              0             62,000,000          0           9.74%



B: Financial Instruments

Resulting situation after the triggering transaction (xii)


Type of         Expiration Date       Exercise/Conversion       Number of voting rights     % of voting rights
financial       (xiii)                Period/ Date (xiv)        that may be acquired if the
instrument                                                      instrument is exercised/
                                                                converted.






Total (A+B)
Number of voting rights        % of voting rights


62,000,000                     9.74%



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

50,000,000 of these shares are for unit trusts operated by Marlborough Fund
Managers Ltd, for which Hargreave Hale manages the investments on a
discretionary basis. The remaining balance is held on behalf of other
discretionary clients..................



Proxy Voting:



10. Name of the proxy holder:

.................



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: The denominator used in calculating the percentage
holdings is 636,706,423 TVR as last reported by the company on 18th December
2006

14. Contact name:

Andy Wonnacott, Finance Director

15. Contact telephone number:

01932 788 288


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

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