Holding(s) in Company

RNS Number : 2318B

Pennon Group PLC

22 October 2009

 

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 

    An acquisition or disposal of voting rights

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

    LEGAL & GENERAL GROUP PLC (L & G)

4.     Full name of shareholder(s) 

    Legal & General Assurance (Pensions Management) Limited (PMC)

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

    20 October 2009 

6.     Date on which issuer notified:

    21 October 2009 

7.     Threshold(s) that is/are crossed or reached:    From 6% - 5% (L & G)

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	21,248,247	21,248,247

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
	20,917,055	20,917,055	-	5.94

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
20,917,055	5.94%

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

    Legal & General Group Plc (Direct and Indirect) (Group) (23,050,943 - 6.54% = Total Position)

Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) (23,050,943 - 6.54% = Total Position)

Legal & General Investment Management Limited (Indirect) (LGIM) (23,050,943 - 6.54% = Total Position)

Legal & General Group Plc (Direct) (L&G) (20,917,055 - 5.94% = LGAS, LGPL & PMC)

Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (12,339,882 - 3.50% = PMC)

Legal & General Insurance Holdings Limited (Direct) (LGIH)

Legal & General Assurance (Pensions Management) Limited (PMC) (12,339,882 - 3.50% = PMC)

Legal & General Assurance Society Limited (LGAS & LGPL)

Legal & General Pensions Limited (Direct) (LGPL)

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 351,984,550

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    Margaret Heeley - Assistant Company Secretary

Phone number   01392 443060

22 October 2009 

www.pennon-group.co.uk

 

END

 

 

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