RNS Number : 1971Z
Hirco plc
16 September 2009
News Release
Hirco PLC
('Hirco' or the 'Company')
Hirco plc - Rule 17 Disclosure - Standard Life Investments Ltd
Holding in a Company
September 16, 2009 - LONDON - Hirco PLC (AIM: HRCO), an investment vehicle for Hiranandani, India's largest developer of prestigious mixed-use townships, today announced that in accordance with rule 17 of the AIM Rules, the Company has been notified of the following notice of decrease in a notifiable interest in the Company's ordinary shares of 1p each ('Shares').
Schedule Five
(a) the identity of the significant shareholder concerned;
Standard Life Investments Ltd
(b) the date on which the disclosure was made to it;
15 September 2009
(c) the date on which the deal or the relevant change to the holding was effected;
14 September 2009
(d) the price, amount and class of the AIM securities concerned;
200,000 Shares
(e) the nature of the transaction;
Disposal
(f) the nature and extent of the significant shareholder's interest in the transaction;
The significant shareholder now holds 9,850,633 Shares, which represents approximately
12.872% of the Company's issued share capital.
(g) where a deal takes place when it is in any close period under rule 21, the date upon which any
previous binding commitment was notified or the date upon which the Exchange granted permission
to deal in order to mitigate severe personal hardship; and
N/A
(h) where the notification concerns a related financial product, the detailed nature of the exposure;
N/A
ENDS
Contacts:
Hirco Gutenberg Communications
Jasper Reiser US - Hugh Burnham / Michael Gallo
+91 22 2571 9013 +1 212 239 8595 / +1 212 239 8594
jreiser@hirco.com hugh@gutenbergpr.com
mgallo@gutenbergpr.com
UK - Shalini Siromani
+44 (0) 20 3008 5231
shalini@gutenbergpr.com
India - Pranav Kumar
+91 98 1007 7898
pranav@gutenbergpr.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
HOLBLGDCLUBGGCL