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Notification of Interest in Company

20th May 2013 11:59

RNS Number : 1152F
Energy Technique PLC
20 May 2013
 



Energy Technique Plc ("The Company")

 

Notification of Interest in Company

 

The Company was notified on 20 May 2013 that, following an acquisition of 605,612 Ordinary Shares of 10p each in the Company ("Ordinary Shares") on 16 May 2013, Peter Gyllenhammar, through his ownership of Bronsstädet AB, is now beneficially interested in a total of 605,612 Ordinary Shares. This holding represents 18.2% of the Company's issued share capital.

 

Following the result of the Company's general meeting held on 16 May 2013, the Company will buy back and cancel 470,000 Ordinary Shares. Following the buy back and cancellation, Peter Gyllenhammar's beneficial holding will represent 21.1% of the Company's issued share capital.

 

For further information:

 

Walter Goldsmith

Chairman

020 8783 0033

Leigh Stimpson

Managing Director

020 8783 0033

Ed Frisby/Ben Thompson

finnCap Limited (Nominated Adviser)

020 7220 0500

 

NOTES TO EDITORS

 

With over 50 years in the H&V industry, Energy Technique's operating company Diffusion is one of the oldest and most established manufactures of Heating Ventilation and Air Conditioning products in the UK. Diffusion is a market leader in the manufacture of premium quality fan coils and commercial heating products. The Diffusion and Energy Technique brand names are recognised as highly engineered, quality products, providing leading edge performance and energy efficiency, which have been fitted into projects including the Shard and No 1 Hyde Park.

 

Diffusion has been involved with many challenging and prestigious projects across a spectrum of sectors including hotels, commercial offices, retail, schools, hospitals, and residential. Diffusion has established excellent working relationships with many blue chip clients including Land Securities, Marks & Spencer, Boots, City Inn Hotels, Stanhope Properties and many more. All products are designed, developed and manufactured at Diffusion's 30,000 sq. ft. manufacturing facility in West Molesey, Surrey, offering the best possible products, designed specifically to meet customers' bespoke requirements.

 

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