RNS Number : 5627C
  Petards Group PLC
  02 September 2008
   

    TR-1: NOTIFICATION OF MAJOR INTERESTS IN SHARES

    1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
    *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:
    Barclays PLC*****..

    4. Full name of shareholder(s) (if different from 3.):
    Barclays Stockbrokers Ltd
    Gerrard Investment Management Ltd

    5. Date of the transaction (and date on which the threshold is crossed or reached:
    26 August 2008*****..

    6. Date on which issuer notified:
    27 August 2008*****..

    7. Threshold(s) that is/are crossed or reached:
    5% to 6%*****..

    8. Notified details:
    *****..

    A: Voting rights attached to shares

 Class/type of shares if              Situation previous to the Triggering transaction 
 possible using the ISIN CODE
                                 Number of shares          Number of voting Rights 
 GB0030040090                    38,154,150                38,154,150
    Resulting situation after the triggering transaction 

 Class/type of shares if         Number of shares   Number of voting rights   % of voting rights
 possible using the ISIN CODE
                                                    Direct    Indirect        Direct   Indirect

  GB0030040090                     38,265,466        0          38,265,466     0        6.01%

    B: Financial Instruments
    Resulting situation after the triggering transaction

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


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

 38,265,466               6.01%

    9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable
:
    Barclays Stockbrokers Ltd
    Gerrard Investment Management Ltd

    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:

    14. Contact name:
    Andy Wonnacott, Finance Director
       
    15. Contact telephone number:
    0191 420 3000  

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