Holding(s) in Company

RNS Number : 1025T

Pennon Group PLC

22 September 2010

 



PENNON GROUP PLC

FOR IMMEDIATE RELEASE

HOLDING IN COMPANY

NOTIFICATION OF MAJOR INTERESTS IN SHARES

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

        PENNON GROUP PLC

2.     Reason for the notification

        Following the sale of part of the AXA Life Insurance business to Resolution PLC, changes have been made to the direct and indirect holdings.

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

        AXA S.A., 25 Avenue Matignon, 75008 Paris and its group of companies.

4.     Full name of shareholder(s)

        As above

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

        15 September 2010

6.     Date on which issuer notified:

        20 September 2010

7.     Threshold(s) that is/are crossed or reached:    3%

8.     Notified details:  

A:    Voting rights attached to shares

Class/type of shares if possible using the ISIN CODE	Situation previous to the Triggering transaction
	Number of shares	Number of voting Rights
ORD GBP 0.407	19,935,306	19,935,306

Resulting situation after the triggering transaction

Class/type of shares if possible using the ISIN CODE	Number of shares	Number of voting rights (ix)		% of voting rights
			Indirect (xi)	Direct	Indirect
	415,100	415,100	19,501,056	0.12	5.51

B:    Financial Instruments

        Resulting situation after the triggering transaction

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

C:    Financial Instruments with similar economic effect to Qualifying Financial Instruments
        Resulting situation after the triggering transaction         

Type of financial instrument	Exercise Price	Expiration Date	Exercise / Conversion period	Number of voting rights Instrument refers to	% of voting rights
Eg CFD

Total (A+B+C)

Number of voting rights	% of voting rights
19,916,156	5.63%

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

        AXA IM UK             Direct     415,100.00 shares             0.117316% of issued share capital

        AXA IM UK             Indirect   19,246,506.00 shares        5.439460% of issued share capital

        AXA Rosenberg   Indirect   254,550.00 shares             0.071941% of issued share capital               

Proxy Voting:

10. Name of the proxy holder:

  N/A

11.  Number of voting rights proxy holder will cease to hold:

        N/A

12. Date on which proxy holder will cease to hold voting rights:

        N/A

13. Additional information:

Notification using the total voting rights figure of 5.55%

A:    Identity of the person or legal entity subject to the notification obligation

Full name (including legal form for legal entities):

                Pennon Group Plc

Contact address (registered office for legal entities):

Peninsula House, Rydon Lane, Exeter, Devon, EX2 7HR

Contact name    Richard Zmuda - Assistant Company Secretary

Phone number   01392 443517

22 September 2010

www.pennon-group.co.uk

 

END

 

 

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